MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme

Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019.

The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme.

Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019.

The ministry in its earlier notification said that, it intends to engage reputed organization, experts, consultant, company, society, institution, autonomous body to undertake evaluation of scheme viz. ‘Implementation of scheme for setting up of over 5000 MW grid connected solar photovoltaic (PV) power projects with Viability Gap Funding under Batch-IV of Phase-II of the Jawaharlal Nehru National Solar Mission (JNNSM)’.

Since February 2016, MNRE has been implementing the said scheme, and the objective of the programme is the implementation of at least 5,000 MW grid-connected solar PV power projects with VGF under phase-II, batch-IV of National Solar Mission (NSM).

Besides, the eligibility criteria for bidders include – an experience of at least 5 years in conducting such assignments and engaged in renewable energy activities; the bidders should have annual turnover of at least Rs 1 crore per year for past 3 years; having sector specific experience and in-house capability to manage the assignment will be an added advantage.

For more information click here and for date extension click here.