UPNEDA Issues RFS for SPGs for Solarization of Feeders of 150 MW Cumulative Capacity

UPNEDA Lowers Minimum CUF Among Other Revisions to Encourage Bids in 150 MW Tender

Uttar Pradesh New and Renewable Energy Development Agency, (UPNEDA) has invited online bids from prospective bidders for selection of Solar Power Generators (SPGs) through tariff based competitive bidding for setting up of grid connected solar power plants for solarization of segregated agriculture feeders at distribution substations cumulative capacity of 150 MW for sale of power to UPPCL at various locations in the state of Uttar Pradesh through RESCO mode under PM KUSUM component C2 scheme.

The last date for submission if the e-Bid is May 23, 2023 upto 6:00 pm. The opening date for online technical e-bid is May 24, 2023 at 12:30 pm.

The Discom shall meet following criteria: 1) It has at least one dedicated agricultural feeder emanating from
33/11 kV substation. 2) Concern 33/11 kV substation has technically feasible capacity to accommodate proposed capacity of solar project under feeder solarization component of PM KUSUM-C2.

The tender document mentions that there shall be a maximum of INR 0.50 Cr (50 Lakhs)/MW. VGF upto 100% of total eligible VGF will be released to the RESCO developer through UPNEDA as following: i) 75% of total VGF shall be released on successful COD of the full project capacity and on UPPCL recommendation. ii) Balance 25% shall be released progressively over next five (5) years in five equal installments of 5% of the each on UPPCL recommendation against fulfillment of prescribed specification of PPA executed with UPPCL and successful operation & maintenance of plant.

The details of the tender can be accessed at http://upneda.org.in/MediaGallery/Tender_14april2023.pdf