MNRE Invites Bids for Evaluation of 5GW VGF Scheme

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019.

The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme.

The ministry said in a statement 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 PV power projects with Viability Gap Funding under Batch-IV of Phase-II of the Jawaharlal Nehru National Solar Mission (JNNSM)’.

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019.

Since February 2016, MNRE has been implementing the said scheme, and the objective of the programme is 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.

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