MNRE issues EoI from consultants to assess solar projects and parks
POWER & RENEWABLE ENERGY

MNRE issues EoI from consultants to assess solar projects and parks

The Ministry of New and Renewable Energy (MNRE) invited an expression of interest (EoI) from consultants to assess the solar parks and ultra-mega solar power projects development.

The deadline to submit the tenders is August 26, 2021.

Bidders do not have to pay any earnest money deposit to take part in the bidding process. However, the successful bidder has to give performance security of 3% of the contract’s total cost within 15 days from the date of award of the contract.

The successful bidder must present the report within 60 days from the date of award of work. The first draft of the report must be presented within 45 days from the date of award of work.

The scope of work involves evaluating the solar park program progress and its effectiveness, barrier analysis, restrictions associated with policy interventions and implementation, existing monitoring mechanism review, and evaluation of the program’s influence on the sector and tariffs for solar projects.

The report should also present models for defining capital expenditure measured to generate solar parks, an analysis of the current central financial assistance program, and suggestions on whether the program should be continued or revised.

To take part in the competitive bidding process, bidders must have at least five years of experience in managing similar assignments. Bidders should also have a yearly turnover of at least Rs 10 million for the past three years.

MNRE intends to install at least 50 solar parks, each with a minimum capacity of 500 MW and above, by 2021-22. For this, central financial assistance of about Rs 81 billion will be given, under the National Solar Mission. Last year, MNRE revised its guidelines for solar parks and ultra mega solar power projects development.

The objective of the study is to assess the program execution through accumulating data from solar park developers, state implementing agencies, and other stakeholders.

Earlier, MNRE had invited a request for a proposal for consultants to develop a long-term vision, execution plan, road map, and institutional framework for its One Sun One World One Grid (OSOWOG) program. The ministry also had issued an expression of interest to assess its 5,000 MW Viability Gap Funding (VGF) program for solar projects.

Around 19 tenders have been declared so far, inviting consultants for 4.1 GW of solar projects and parks.

Image Source


Also read: Tata Power and Aljomaih win RUMSL's solar park auction

The Ministry of New and Renewable Energy (MNRE) invited an expression of interest (EoI) from consultants to assess the solar parks and ultra-mega solar power projects development. The deadline to submit the tenders is August 26, 2021. Bidders do not have to pay any earnest money deposit to take part in the bidding process. However, the successful bidder has to give performance security of 3% of the contract’s total cost within 15 days from the date of award of the contract. The successful bidder must present the report within 60 days from the date of award of work. The first draft of the report must be presented within 45 days from the date of award of work. The scope of work involves evaluating the solar park program progress and its effectiveness, barrier analysis, restrictions associated with policy interventions and implementation, existing monitoring mechanism review, and evaluation of the program’s influence on the sector and tariffs for solar projects. The report should also present models for defining capital expenditure measured to generate solar parks, an analysis of the current central financial assistance program, and suggestions on whether the program should be continued or revised. To take part in the competitive bidding process, bidders must have at least five years of experience in managing similar assignments. Bidders should also have a yearly turnover of at least Rs 10 million for the past three years. MNRE intends to install at least 50 solar parks, each with a minimum capacity of 500 MW and above, by 2021-22. For this, central financial assistance of about Rs 81 billion will be given, under the National Solar Mission. Last year, MNRE revised its guidelines for solar parks and ultra mega solar power projects development. The objective of the study is to assess the program execution through accumulating data from solar park developers, state implementing agencies, and other stakeholders. Earlier, MNRE had invited a request for a proposal for consultants to develop a long-term vision, execution plan, road map, and institutional framework for its One Sun One World One Grid (OSOWOG) program. The ministry also had issued an expression of interest to assess its 5,000 MW Viability Gap Funding (VGF) program for solar projects. Around 19 tenders have been declared so far, inviting consultants for 4.1 GW of solar projects and parks. Image Source Also read: Tata Power and Aljomaih win RUMSL's solar park auction

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