The Rajasthan government has issued a tender under Component A of the PM-KUSUM Scheme, inviting farmers to establish decentralized grid-connected solar power plants with capacities ranging from 0.5 MW to 2 MW. โ The initiative aims to promote renewable energy while utilizing farmers’ land near 33/11 kV substations. โ Notably, no government subsidies will be provided under this scheme. โ
Key Highlights of the Tender:
Eligibility: The tender is open to individual farmers, groups, cooperatives, and other entities. โ No technical or financial qualifications are required, making it accessible to a wide range of participants. โ
Tariff Structure: The tariff is fixed at Rs. โ 3.04 per kWh for 25 years without escalation. โ In cases of multiple bids for a substation, the selection will be based on the lowest tariff offered, with Rs. โ 3.04/kWh as the ceiling. โ
Fees and Securities: Applicants must pay a RISL fee of Rs. โ 2,950, an application fee of Rs. โ 5,000 per MW, and an Earnest Money Deposit (EMD) of Rs. โ 1 lakh per MW. โ For successful bidders, the EMD will be converted into a Performance Bank Guarantee (PBG) of Rs. โ 1 lakh per MW, valid for 11 months from the Letter of Award (LoA). โ
Land Requirements: Each MW of capacity requires 1.5 to 2 hectares of land. โ Lease rent ranges from Rs. โ 80,000 to Rs. โ 1,60,000 per hectare annually, with a 5% escalation every two years. โ
Project Timeline: Successful bidders must commission the project within nine months of receiving the LoA. โ
Power Purchase Agreement (PPA): A 25-year PPA will be signed with Rajasthan Urja Vikas Nigam Limited (RUVNL), extendable by mutual agreement. โ Payment security will be ensured through a Letter of Credit and an Escrow Account. โ
Penalties: Failure to sign the PPA will result in forfeiture of the EMD/PBG. โ Delayed commissioning will lead to proportional PBG encashment, and delays beyond two months will result in full PBG encashment and PPA cancellation. โ
Bidding and Submission Details:
The bid submission deadline is April 30, 2025, at 5:00 PM, with fee submission due by May 1, 2025, at 3:00 PM. โ Bids will be opened on May 2, 2025, at 3:00 PM. โ Submissions must be made via the e-Procurement Portal along with the required documents and fees. โ
Responsibilities of Solar Power Generators (SPGs): โ
SPGs will be responsible for land procurement, plant setup, operation, and maintenance for 25 years, ensuring a minimum Capacity Utilization Factor (CUF) of 17%. โ
This tender aligns with the Ministry of New and Renewable Energy (MNRE) guidelines and offers farmers an opportunity to contribute to the renewable energy sector while earning a steady income. โ
Refer the Tender Notice here
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