Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) invited Request for Proposal (RfP) bids for development of the 200 MW solar power park in the state. The estimated land required for setting up the solar park is 1,000 acres. The successful Solar Power Park Developer (SPPD) will acquire the entire land either on procurement basis or on leased land basis. The SPPD will also be responsible for operation and maintenance (O&M) of the solar park for a period of 25 years. The project is expected to be completed at an estimated cost of Rs 2 billion.
For the development of the solar park, the Uttar Pradesh government will provide support for the augmentation of the grid network, while the discoms will purchase 100 per cent of the power generated by the solar park. The state has also made provisions for sale of power to open access customers. The earnest money deposit for the project is Rs 200,000 per MW. A single bidder must bid for a minimum of 50 MW and a maximum of 200 MW. The last date of bid submission is December 10, 2018.
In July 2018, UPNEDA had issued draft guidelines for setting up private solar park in the state. As per the draft solar policy of 2017 the Uttar Pradesh government set a target of setting up 10,700 MW for solar power, including 4,300 MW from rooftop solar projects by FY 2022.