The results for setting up rooftop solar projects of capacity 35 MW across Delhi have been announced. The projects are being developed across residential and institutional sectors under the Mukhyamantri Solar Power Program. The projects are divided in eight parts under both capital expenditure (CAPEX) and Renewable Energy Service Company (RESCO) models. Of the total capacity, 10 MW will be developed under the CAPEX mode at a cost of Rs 1.1 billion and the remaining 25 MW under the RESCO mode at a cost of Rs 1.35 billion.
Three companies have emerged as the lowest bidders for the development of 25 MW of rooftop solar projects under the RESCO model. The companies are: Networth Project, Sriram Cables and HFM Solar Power.
Networth emerged as the L1 bidder by quoting a tariff of Rs 3.13 per kWh to develop projects of sizes between 25 kW to 50 kW. Sriram Cables emerged as L1 bidder by quoting a tariff of Rs 3.15 per kWh, to develop projects of sizes between 50 kW to 100 kW. Besides, HFM Solar Power emerged as the L1 bidder by quoting a tariff of Rs 2.85 per kWh to develop projects of more than 100 kW.
Two companies have emerged as lowest bidders for development of 10 MW rooftop solar power projects under the CAPEX model. These include: Shimato Enterprises and Claro Energy.
Claro Energy has emerged as the L1 bidder for project sizes between 10 kW and 100 kWh by quoting Rs 54,000 per kW. Besides, Shimato Enterprises has emerged as the L1 bidder for projects of more than 100 kW by quoting Rs 47,000 per kW. Meanwhile, Zunroof has quoted Rs 44,100 per kW for projects of capacity between 1 kW and 10 kW. The bids for the same are yet to be finalised as the price quoted by the firm is too low.