Maharashtra Issues Tender for 1 GW Floating Solar Project

The solar power projects can be developed on lands available with the Water Resources Department and on areas available near canals.

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has issued a tender for the development of 1 GW of floating solar plant in the Ujjani Dam In Solapur district of Maharashtra.

The 1 GW capacity will be distributed in 10 clusters of 100 MW each. The solar power projects can be developed on lands available with the Water Resources Department and on areas available near canals or above water body by the department itself or through private developers.

The final date for the submission for RFS document is January 28, 2019, and the ceiling tariff which has been set for the project is Rs 3.00.

MSEDCL shall enter into PPA with successful bidders for a period of 25 years from the Scheduled Commercial Operation Date (SCOD) of the project.

The financial eligibility criteria of the tender mandates that the net-worth of the Bidder or its affiliate or parent / ultimate parent for the financial year ending on March 31, 2018, shall not be less than Rs 1.10 crores per MW (of the capacity quoted).

Prior to this Marathwada Statutory Development Corporation has come up with a plan to erect floating solar panels in the backwaters of Jayakwadi dam, located in Aurangabad district and Ujani dam in Solapur district to generate electricity.

Previously Mytrah Energy had commissioned the operation of a 103.5 kWh rooftop solar power plant for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra.