BHEL Haridwar Finalizes PPA For Rooftop Solar Project Under RESCO Model

Bharat Heavy Electricals Limited (BHEL), Haridwar, has moved forward with its renewable energy initiatives by finalizing a draft Power Purchase Agreement (PPA) for the procurement of 300 kW rooftop solar power under the Renewable Energy Service Company (RESCO) model. The agreement will enable the installation of a grid-connected rooftop solar project within the BHEL Township and is expected to support the organization’s efforts toward cleaner energy consumption and reduced dependence on conventional power sources.

According to the agreement, BHEL Haridwar will act as the power procurer, while the selected Solar Project Developer will function as the power producer. The developer will be responsible for the complete design, engineering, supply, installation, testing, commissioning, operation, and maintenance of the rooftop solar plant. In return, BHEL will purchase the entire electricity generated by the project for use within its township. The arrangement will remain in force for a period of 25 years, with the tariff determined through a competitive bidding process.

The project includes a detailed implementation schedule to ensure timely completion. The Scheduled Commercial Operation Date (SCOD) has been fixed at six months from the effective date of the agreement. Within 30 days of the contract becoming effective, the selected developer must submit the initial project design and layout drawings. Additional project documents, including the net-metering application, acknowledgment from the local electricity distribution company, final project layout, and bill of materials, along with certified test reports, must be submitted within 60 days.

The tender also outlines financial safeguards to ensure project execution. Successful bidders will be required to submit an Earnest Money Deposit (EMD) and later furnish a Performance Bank Guarantee (PBG) worth ₹7.71 lakh. The guarantee must be provided in two parts, valued at ₹2 lakh and ₹5.71 lakh respectively. The EMD will be released only after the successful submission and verification of the PBG. Unsuccessful bidders will receive refunds of their EMD within 15 days after the award of the contract.

Operational performance requirements have also been clearly defined. The solar plant must achieve a minimum annual Capacity Utilization Factor (CUF) of 13.5%. The agreement includes strict penalty provisions for delays and non-compliance. Failure to meet documentation deadlines or commissioning milestones may result in financial penalties, forfeiture of security deposits, or termination of the contract. These measures are intended to ensure timely project completion and reliable solar power generation throughout the agreement period.