Odisha’s 200 MW solar tender oversubscribed by four times

The 200 MW capacity grid-connected solar PV tender rolled out by the Grid Corporation of Odisha (GRIDCO) has been oversubscribed by almost four times. The capacity was tendered by GRIDCO in April 2018.  This was the first tender that had come with a pass-through option when there were uncertainties surrounding safeguard duty.

Reportedly, a total of 14 bidders have submitted technical bids with a total capacity of 845 MW. The financial bidding and the issue of letter of award (LoA) is expected to be completed soon. The bidders are:

Developer Bid capacity (MW)
Sukbir Agro 25
Eden Renewable Varenne 50
Jyoti Infrastructure 20
Mender Solar 25
Tepsol Photovoltaic 50
Aditya Birla 75
Gupta Power 20
Mahindra Susten 100
Grewal Associates 30
Essel Infraprojects 100
Giriraj Renewables 100
Azure Power 100
Hero 100
Acme 50
Total 845

 

Odisha has a target to set up 2,378 MW of cumulative solar power capacity, which includes 1 GW of rooftop solar, by 2022.

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