MSEDCL seeking bids for 615 MW Solar Projects in Maharashtra
POWER & RENEWABLE ENERGY

MSEDCL seeking bids for 615 MW Solar Projects in Maharashtra

The Maharashtra State Electricity Distribution Company (MSEDCL) has announced numerous tenders to build solar projects with a combined capacity of 615 MW distributed among four different state areas. The ground-mounted projects would be developed on property held by the government.

Projects with capacities of 100 MW in Aurangabad-II, 76 MW, 105 MW in Aurangabad-III, 143 MW in the vicinity of Pune, and an additional 191 MW in the state's Konkan region are among those up for tender. May 8, 2023, is the deadline for bid submission. Bids will be opened on the same day.

Each bidder is limited to one bid and must make an earnest money deposit of Rs 0.1 million/MW. Within 30 days of receiving the work order, the winning bidders must submit a performance bank guarantee (PBG) of Rs 0.5 million/MW. It will be valid for 14 months starting on the day it becomes effective.

The power purchase agreement (PPA) will be signed within one month after the Letter of Award's (LoA) release date and will be in effect for 25 years from the proposed or new solar power projects' date of commercial operation.

During a year, the stated Capacity Utilisation Factor (CUF) must be at least 19 per cent. Throughout the PPA time, the generator must continue to generate enough energy to keep the CUF within ±10 per cent of the reported amount.

Within a year of the effective date, the project must be put into operation. SLDC/MSEDCL will then issue certifications. In the event that the project is not completed by the planned date for commercial operation, MSEDCL will keep the PBG.

Bidders must have a minimum net annual turnover of Rs 2.5 million ($30,544)/MW and a net worth of Rs 5.5 million ($67,199)/MW as of the final day of the preceding fiscal year.

Additionally, to satisfy the needs for working capital, bidders must secure a signed clearance letter from a bank ready to extend a credit line of Rs 1.25 million (approximately $15,272)/MW. The project needs to be planned to deliver energy at the MSEDCL substation's 11/22 kV level.

Within six months after the effective date, the winning bidder must secure grid connectivity with MSEDCL and provide documentary proof of that connectivity. Additionally, the bidder is required to cover the full cost of transmission from the project up to the delivery point, which includes construction, upkeep, and losses.

Connectivity can be set up through a shared line or a dedicated line, but sharing is up to the bidder as long as there is a binding contract between them and other parties sharing the same line for at least 25 years.

Earlier this month, MSEDCL issued a call for proposals for component-A of the Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, which calls for the purchase of 225 MW of electricity from decentralised solar projects with capacities between 500 kW and 2 MW.

MSEDCL issued a request for proposals in January for 350 MW of solar energy from state-developed projects.

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The Maharashtra State Electricity Distribution Company (MSEDCL) has announced numerous tenders to build solar projects with a combined capacity of 615 MW distributed among four different state areas. The ground-mounted projects would be developed on property held by the government. Projects with capacities of 100 MW in Aurangabad-II, 76 MW, 105 MW in Aurangabad-III, 143 MW in the vicinity of Pune, and an additional 191 MW in the state's Konkan region are among those up for tender. May 8, 2023, is the deadline for bid submission. Bids will be opened on the same day. Each bidder is limited to one bid and must make an earnest money deposit of Rs 0.1 million/MW. Within 30 days of receiving the work order, the winning bidders must submit a performance bank guarantee (PBG) of Rs 0.5 million/MW. It will be valid for 14 months starting on the day it becomes effective. The power purchase agreement (PPA) will be signed within one month after the Letter of Award's (LoA) release date and will be in effect for 25 years from the proposed or new solar power projects' date of commercial operation. During a year, the stated Capacity Utilisation Factor (CUF) must be at least 19 per cent. Throughout the PPA time, the generator must continue to generate enough energy to keep the CUF within ±10 per cent of the reported amount. Within a year of the effective date, the project must be put into operation. SLDC/MSEDCL will then issue certifications. In the event that the project is not completed by the planned date for commercial operation, MSEDCL will keep the PBG. Bidders must have a minimum net annual turnover of Rs 2.5 million ($30,544)/MW and a net worth of Rs 5.5 million ($67,199)/MW as of the final day of the preceding fiscal year. Additionally, to satisfy the needs for working capital, bidders must secure a signed clearance letter from a bank ready to extend a credit line of Rs 1.25 million (approximately $15,272)/MW. The project needs to be planned to deliver energy at the MSEDCL substation's 11/22 kV level. Within six months after the effective date, the winning bidder must secure grid connectivity with MSEDCL and provide documentary proof of that connectivity. Additionally, the bidder is required to cover the full cost of transmission from the project up to the delivery point, which includes construction, upkeep, and losses. Connectivity can be set up through a shared line or a dedicated line, but sharing is up to the bidder as long as there is a binding contract between them and other parties sharing the same line for at least 25 years. Earlier this month, MSEDCL issued a call for proposals for component-A of the Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, which calls for the purchase of 225 MW of electricity from decentralised solar projects with capacities between 500 kW and 2 MW. MSEDCL issued a request for proposals in January for 350 MW of solar energy from state-developed projects. Also Read BHEL, Nuclear Power Corp ink pact for pressurised water reactor tech

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