Telangana New and Renewable Energy Development Corporation Limited (TNREDCL) has tendered 0.5 MW of grid-connected rooftop solar projects to be developed at the premises of Dr MCR HRD Institute, Hyderabad. These projects will be developed under the CAPEX model and the scope of work includes designing shadow-free installations for SPV systems, supply and panel installation. The successful bidder will also have to provide O&M for a five-year period. The project completion timeframe is two months from the date of issue of the letter of award. TNREDCL will pay 70 per cent of the project cost to the developer post the handover of the systems. The developer will receive another 20 per cent of the project cost after 30 days of successful performance of the rooftop systems. TNREDCL will pay the remaining 10 per cent in installments at the rate of 2 per cent per year during the five-year maintenance period, starting from the date of commissioning. The last date for bid submission is May 25, 2017.