MGVCL invites bids for 300 MW of residential rooftop solar projects
POWER & RENEWABLE ENERGY

MGVCL invites bids for 300 MW of residential rooftop solar projects

Madhya Gujarat Vij Company Limited (MGVCL) has invited bids from empanel vendors for the design, supply, erection, testing, and commissioning of 300 MW of grid-connected rooftop solar projects for residential consumers in rural areas of the state under Phase-ll of the Ministry of New and Renewable Energy's (MNRE) grid-connected rooftop solar programme and Surya Gujarat Program.

The solar project will be developed under a capital expenditure (capex) model.

For the next five years, the winning bidder will be responsible for the rooftop solar systems' operation and maintenance (O&M).

The project must be completed within 12 months of the sanction letter's issuance.

Bids must be submitted by March 7, 2022, to be considered. On March 11th bidding will begin.

Within 30 days of the issuance of the letter of award, the winning bidder will be required to provide a performance bank guarantee equal to 3% of the total system cost.

The bidder's average annual turnover over the previous three financial years should not be less than 215 million dollars. In addition, the bidder must have had a positive net worth for the previous three fiscal years.

Made in India solar modules and solar cells should be used in the project. The project should use solar modules with a minimum capacity of 250 Wp. Solar modules should have a fill factor of 75% and a minimum efficiency of 16%. All modules should have a performance warranty of at least 90% for the first ten years and at least 80% for the next fifteen.

Under the Surya-Gujarat programme, the Gujarat Urja Vikas Nigam Limited allowed empanelled vendors to register residential rooftop solar applications with a capacity of up to 750 MW for the financial year 2020-21.

The Paschim Gujarat Vij Company had previously reissued an Expression of Interest (Eol) for empanelled agencies to build 600 MW of grid-connected residential rooftop solar projects in the state.

Gujarat Distribution Companies (DISCOMs) have so far floated tenders for 753 MW of rooftop solar projects.

Image Source

Also read: GUVNL plans to procure 3,000 MW thermal power on long term basis

Madhya Gujarat Vij Company Limited (MGVCL) has invited bids from empanel vendors for the design, supply, erection, testing, and commissioning of 300 MW of grid-connected rooftop solar projects for residential consumers in rural areas of the state under Phase-ll of the Ministry of New and Renewable Energy's (MNRE) grid-connected rooftop solar programme and Surya Gujarat Program. The solar project will be developed under a capital expenditure (capex) model. For the next five years, the winning bidder will be responsible for the rooftop solar systems' operation and maintenance (O&M). The project must be completed within 12 months of the sanction letter's issuance. Bids must be submitted by March 7, 2022, to be considered. On March 11th bidding will begin. Within 30 days of the issuance of the letter of award, the winning bidder will be required to provide a performance bank guarantee equal to 3% of the total system cost. The bidder's average annual turnover over the previous three financial years should not be less than 215 million dollars. In addition, the bidder must have had a positive net worth for the previous three fiscal years. Made in India solar modules and solar cells should be used in the project. The project should use solar modules with a minimum capacity of 250 Wp. Solar modules should have a fill factor of 75% and a minimum efficiency of 16%. All modules should have a performance warranty of at least 90% for the first ten years and at least 80% for the next fifteen. Under the Surya-Gujarat programme, the Gujarat Urja Vikas Nigam Limited allowed empanelled vendors to register residential rooftop solar applications with a capacity of up to 750 MW for the financial year 2020-21. The Paschim Gujarat Vij Company had previously reissued an Expression of Interest (Eol) for empanelled agencies to build 600 MW of grid-connected residential rooftop solar projects in the state. Gujarat Distribution Companies (DISCOMs) have so far floated tenders for 753 MW of rooftop solar projects. Image Source Also read: GUVNL plans to procure 3,000 MW thermal power on long term basis

Next Story
Infrastructure Urban

Large-sized Deals Drive 40% of Industrial & Warehousing Demand

With 25.6 million sq ft of gross leasing in 2024, industrial & warehousing demand across the top five cities remained healthy, witnessing a marginal 2 per cent YoY growth. Although, there was a noticeable dip in leasing activity during the last quarter, strong space uptake in the earlier quarters ensured steady leasing levels during 2024. During the year, Delhi NCR led the demand with 26 per cent share, closely followed by Chennai at 23 per cent share. On a quarterly basis, Q4 2024 saw about 5.5 million sq ft of industrial & warehousing demand across the top five cities. Pune, closely followed..

Next Story
Infrastructure Energy

Vedanta Aluminium Launches Advanced Operational Dashboard

Vedanta Aluminium, India’s largest producer of aluminium, has launched an innovative operational dashboard at its Jamkhani Coal Mine, Odisha. This state-of-the-art digital platform integrates real-time data, optimises performance metrics and automates routine processes. Developed in-house by a dedicated team, this dashboard leverages the First Principles approach to track mining operations at their most fundamental levels. It delivers actionable insights for achieving operational excellence through the Time-in-Use Model (TUM), which measures planned and actual cut rates, real-time coal expos..

Next Story
Infrastructure Transport

PNC-KKR Deal Nears Completion

Infrastructure company PNC Infratech has received in principle approvals from NHAI to transfer 100 per cent stake held by it in two subsidiaries (SPVs) for the Bundelkhand and Khajuraho road projects to the KKR-backed Highways Infrastructure Trust. With this, the PNC-KKR deal is on track for closure by March 31, 2025 as PNC Infratech is in the process of fulfilling the conditions precedents (CPs) for the transaction. One of the major CPs under the deal included change in control approvals from the highway authorities and no objection certificates from the lenders to the projects, according to ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000