Maha Discom Invites Bids for 865MW Solar Projects By Saur News Bureau/ Updated On Wed, Feb 2nd, 2022 Highlights : The deadline for online bid submission is February 28, 2022, 4 pm. Technical bid opening date and time : 28.02.2022, 6 pm Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 865 MW (AC) solar power from projects to be developed in Maharashtra through competitive bidding process (followed by e-reverse auction). The deadline for online bid submission is February 28, 2022, 4 pm. Other key details mentioned in the tender document are as follows: <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a85f64fd&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=54&cb=INSERT_RANDOM_NUMBER_HERE&n=a85f64fd' border='0' alt='advertisement' /></a> Online pre-bid Conference / Clarification Meeting Date & Location: 08.02.2022 Technical Bid Opening Date and Time : 28.02.2022, 6 PM <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a23dad63&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=17&source=https%3A%2F%2Fwww.saurenergy.com&cb=INSERT_RANDOM_NUMBER_HERE&n=a23dad63&ct0=INSERT_ENCODED_CLICKURL_HERE' border='0' alt='Advertisment' /></a> Financial Bid Opening Date: Will be informed to eligible bidders Maha Discom Seeks Bids for 500MW Solar Plants Under KUSUM Scheme Also Read Ceiling Tariff: Rs. 3.10 per unit MSEDCL Seeks Bids for 642 MW Wind Power Projects Also Read e- Reverse auction: Will be informed to eligible bidders Cost of RfS Document (non-refundable): Rs. 15000 + 18% GST to be paid online. Processing Fee (non-refundable): Rs. 10,000 per MW + 18% GST to be paid online. EMD (Earnest Money Deposit)/ Bank Guarantee: Rs. 1 Lakh / MW, valid for 6 months from bid submission deadline. Performance Bank Guarantee (PBG): Rs. 5 Lakh/MW, within 30 days from the date of issue of Letter of Award (LOA) and before signing of PPA, with a validity period 14 months from the date of issuance of LOA. Capacity of the Project: Minimum individual project capacity to be developed shall be 2 MW; Maximum individual project capacity to be developed shall be 10 MW (2X5 MW); The Cumulative capacity to be installed is 865 MW Eligibility Criteria: Net Worth of the bidder for the financial year ended on 31.03.2020 must not be less than INR 0.55 crores per MW of the capacity quoted in the bids for the solar projects. Liquidity: A minimum annual turnover of Rs. 25 lakhs/MW of the quoted capacity during the previous financial year 2019-2020; Internal resource generation capability, in the form of Profit Before Depreciation Interest and Taxes (PBDIT), for a minimum amount of Rs. 10 Lakhs/MW of the quoted capacity, as on the last date of previous financial year, 2019-2020; In-principle sanction letter from the lending institutions/banks of the bidder, committing a Line of Credit for a minimum amount of Rs. 12.5 Lakhs/MW of the quoted capacity, towards meeting the working capital requirement of the project quoted under the RfS. Connectivity with the Grid: The project should deliver energy at 11/22 kV level of substation of MSEDCL. The full tender document can be accessed here. Tags: Bids, Maharashtra, Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), Solar Projects, tender
