Tender Issued for 1.3 GW Solar Projects in Maharashtra Under MSKVY 

MSEDCL has issued a tender to procure 1.3 GW of solar power from grid-tied solar projects to be developed across 29 districts of Maharashtra.

The Maharashtra State Electricity Distribution Co (MSEDCL), on behalf of the Maharashtra Government, has issued a tender to procure 1300 MW or 1.3 GW of solar power from grid-connected solar projects to be developed across 29 districts of the state. The projects are being planned under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) so as to provide day time power to agricultural consumers in the state.

The ceiling tariff for the projects/ tender has been set at Rs 3.05 per unit.

The last date for submission of bids is May 17, 2021, and the techno-commercial bids will be opened on May 18, 2021. The date and time of opening of the price bids will be intimated to the technically cleared bidders later. A pre-bid meeting has been scheduled for April 30, 2021, to address the concerns raised by the prospective bidders.

Developers will be required to submit an Earnest Money Deposit of Rs 1 lakh/ MW of their bid capacities along withe their responses to the Request for Selection (RfS). 

MSEDCL will enter into a Power Purchase Agreement (PPA) with the Bidders selected based on this RfS for purchase of solar power for a period of 25 years from the Commercial Operation Date of the solar power projects.

The Solar Power Generator shall be responsible for design, finance, procurement of land, engineering, procurement, construction, operation and maintenance of the Project(s) under and in accordance with the provisions of the PPA to be entered into between the Solar Power Generator and MSEDCL.

As per the RfS, the minimum individual project capacity to be developed per district will be 2 MW, and the maximum individual project capacity will be 10 MW. Most districts under the tender have been allotted either 25 MW of 50 MW capacity, however, it has been specified that the selection of bidders beyond the aggregate bid capacity up to a maximum of 100 MW per district may be carried out depending on the tariff discovered in the bidding process.

To be eligible for participating in the bidding process, the bidders must have a minimum annual turnover of Rs. 25 lakhs/MW of the quoted capacity during the previous financial year 2019-2020. And they must provide an 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.

For more information click here.