REMCL tenders 54 MW of wind projects in Maharashtra

Railway Energy Management Company Limited (REMCL) has tendered 54 MW of wind power projects to be developed in Maharashtra. The projects will be developed on a BOO basis and power will be procured by Central Railway for a 25-year period. The upper tariff ceiling for this tender has been fixed at Rs 2.93 per kWh. This is a global tender in which LLPs are not allowed to participate. As per the tender guidelines, a single bidder is eligible to bid for the entire capacity tendered. The wind projects must be designed for interconnection with the CTU transmission network for interstate transmission and the state transmission utility for intra-state transmission. The time frame for commissioning the project has been set at 12 months from the effective date of the PPA and the developer will be allowed a maximum of 27 months to commission the project after encashing the performance bank guarantee.

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