The Uttarakhand Renewable Energy Development Agency (UREDA) invited request for proposal bids for development of 52 MW grid-connected solar photovoltaic power projects under type-I category of Uttarakhand Solar Energy Policy-2013 (Amended-2018) on July 22, 2019. The last date for submission of bids is August 22, 2019.
The capacity of each solar power project will be a minimum of 100 KW and maximum of 5 MW only. It can be in multiples of 100 KW.
The total aggregate capacity of solar plants to be allocated to a company including its parent, affiliate or ultimate parent or any group company will be limited to 50 MW. The project is expected to be completed in 12 months at an estimated cost of Rs 2 billion.
UREDA has invited bids on behalf of Uttarakhand Power Corporation Limited which will sign a power purchase agreement with the successful bidder for a period of 25 years.