MAHAGENCO EPC tender for 569MW solar power
POWER & RENEWABLE ENERGY

MAHAGENCO EPC tender for 569MW solar power

The Maharashtra State Power Generation Company (MAHAGENCO) has announced that bids are being invited for the design, engineering, supply (excluding module), module unloading, erection, testing, and commissioning of 569 MW of grid-connected solar power projects.

It has been stated that these projects will be established under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0), aiming to solarise agriculture feeders in various districts of Maharashtra.

Additionally, it has been mandated that the bidders oversee the operation and maintenance (O&M) of the project on an engineering, procurement, and construction (EPC) basis for a duration of three years.

The deadline for submitting the bids has been set for May 5, 2024, with the opening of bids scheduled for May 10.

Bidders are required to pay a tender fee of Rs 29,500 and an earnest money deposit of Rs 200,000 per MW.

They are also given the option to bid for a minimum of one location or a maximum of eight locations from the 33/11 kV Maharashtra State Electricity Distribution Company substations list.

Furthermore, the maximum limit for each project site is fixed at Rs 20 million per MW, with the first-year O&M cost limit being Rs 400,000 per MW per project site.

To qualify, bidders must possess experience in EPC execution of ground-mounted solar projects on a turnkey basis, amounting to a cumulative capacity of not less than 40% of the quoted capacity, with at least one project having a capacity of 2 MW or higher at a single location. It is essential that the capacity of the reference project has been in satisfactory operation for a minimum of three months before the bid submission deadline.

Additionally, the bidder's average annual turnover for the past three financial years should be at least Rs 10 million per MW, and their net worth as of the last day of the previous financial year must be positive.

Recently, a tender has been issued by MAHAGENCO for the manufacture and supply of 750 MWp of solar modules for projects being developed under MSKVY 2.0 across the state.

The Maharashtra State Power Generation Company (MAHAGENCO) has announced that bids are being invited for the design, engineering, supply (excluding module), module unloading, erection, testing, and commissioning of 569 MW of grid-connected solar power projects. It has been stated that these projects will be established under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0), aiming to solarise agriculture feeders in various districts of Maharashtra. Additionally, it has been mandated that the bidders oversee the operation and maintenance (O&M) of the project on an engineering, procurement, and construction (EPC) basis for a duration of three years. The deadline for submitting the bids has been set for May 5, 2024, with the opening of bids scheduled for May 10. Bidders are required to pay a tender fee of Rs 29,500 and an earnest money deposit of Rs 200,000 per MW. They are also given the option to bid for a minimum of one location or a maximum of eight locations from the 33/11 kV Maharashtra State Electricity Distribution Company substations list. Furthermore, the maximum limit for each project site is fixed at Rs 20 million per MW, with the first-year O&M cost limit being Rs 400,000 per MW per project site. To qualify, bidders must possess experience in EPC execution of ground-mounted solar projects on a turnkey basis, amounting to a cumulative capacity of not less than 40% of the quoted capacity, with at least one project having a capacity of 2 MW or higher at a single location. It is essential that the capacity of the reference project has been in satisfactory operation for a minimum of three months before the bid submission deadline. Additionally, the bidder's average annual turnover for the past three financial years should be at least Rs 10 million per MW, and their net worth as of the last day of the previous financial year must be positive. Recently, a tender has been issued by MAHAGENCO for the manufacture and supply of 750 MWp of solar modules for projects being developed under MSKVY 2.0 across the state.

Next Story
Infrastructure Energy

Greaves Electric Mobility Files for IPO

Electric-vehicle manufacturer Greaves Electric Mobility has announced plans to raise Rs 10 billion through an initial public offering (IPO), as stated in its draft papers filed. The company, recognised for its 'Ampere' brand of electric scooters, also produces three-wheelers under a separate brand. Greaves Electric’s major shareholders, Greaves Cotton—a publicly listed entity—and investment firm Abdul Latif Jameel Green Mobility Solutions, will collectively sell approximately 189.4 million shares through the IPO. This move positions Greaves Electric alongside larger competitor Ather En..

Next Story
Infrastructure Energy

IREDA Approves Rs 30 Billion for Odisha's Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has approved funding exceeding Rs 30 billion for renewable energy projects in Odisha as the state strives to achieve its goal of 10 GW capacity by 2030. Pradip Kumar Das, Chairman and Managing Director of IREDA, shared this update during the Odisha Solar Investor Conclave organised by GRIDCO. He emphasised that accessible financing is crucial to fostering the adoption of renewable energy. Das outlined IREDA's significant contributions to funding renewable energy projects in Odisha, spanning sectors such as solar, hydro, ethanol, and renewable..

Next Story
Infrastructure Energy

Oil Prices Rise Amid Light Pre-Christmas Trading

Oil prices edged higher during light trading ahead of the Christmas Day holiday. The increase was attributed to positive US economic data and growing oil demand in India, the third-largest importer of oil globally. Brent crude futures rose by 33 cents, or 0.45 per cent, to reach $72.95 per barrel, while US West Texas Intermediate (WTI) crude futures gained 29 cents, or 0.42 per cent, settling at $69.53 per barrel as of 0114 GMT. Economic indicators in the United States highlighted a surge in new orders for key manufactured capital goods in November, driven by robust demand for machinery. Add..

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