Haryana Issues 500 MW Grid-Connected Solar Project Tender

Haryana Issues 500 MW Grid-Connected Solar Project Tender

Haryana Power Purchase Centre (HPPC), a joint forum of state discoms on behalf of Uttar Haryana Bijli Vitran Nigam Limited (UHBVNL) and Dakshin Haryana Bijli Vitran Nigam Limited (DHBVNL) issued a tender to develop 500 MW grid-connected solar projects. The solar tender from HPCC has sought bids up till March 12, 2025.

Capacity Offered & Project Scope

The HPPC tender mentioned, “To select grid-connected solar projects of 500 MW with up to maximum cumulative capacity offered among all Categories. The single blocks 10MW under the four category blocks (i.e. Category Block A—50 MW, Category Block B—100 MW, Category Block-C—150 MW and Category Block D—200 MW).”

The HPPC also laid down the minimum and maximum capacity of the project in the tender. It mentioned, “For all projects, the minimum bid capacity would be 1 MW. The bids shall be quoted only in integral values. A bidder can offer projects at multiple locations subject to each project having a minimum capacity of 1 MW with cumulative capacity offered among all Category Blocks, not exceeding 10MW.”

It further added, “However, the Bidder shall quote a single fixed tariff for the capacity offered under each Category Block. The tariff to be initially quoted by the bidders during the bidding process shall be firm. This would be followed by the e-reverse auction to discover a tariff fixed for the entire tenure of the PPA, which is 25 years.”

Qualification Requirements

The bidder for the Haryana solar project can also execute the project through a Special Purpose Vehicle (SPV) within 30 days from the date of issue of LOI, especially incorporated as a fully owned subsidiary company (100% subsidiary) of the successful bidder for setting up of the project which has to be registered under the Indian Companies Act, 2013, before signing of PPA.

Further, the successful bidder can ensure that its shareholding in the SPV (special purpose vehicle) / Project Company executing the PPA shall not fall below 51% at any time before one year from the SCOD except with prior approval of HPPC. Further, the successful Bidder shall ensure that its promoters shall not transfer the Controlling Shareholding and interest or cede Control (Control shall mean the ownership, directly or indirectly, of more than 50% of the voting shares of such Company or right to appoint majority Directors) of the bidding
company till one year from SCOD except with prior approval of HPPC.

After the expiry of 1 year from SCOD, any change in shareholding can be undertaken under intimation to HPPC. The Successful bidder shall also provide the information about its promoters and their shareholding to HPPC before signing of the PPA with HPPC. The Controlling Shareholding and interest along with Control of the Bidding Company shall be maintained as given at the time of submission of response to RfS.