Madhya Pradesh floats tender for 270 MW of solar projects under KUSUM scheme

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has floated a tender to develop 270 MW of grid-connected solar power projects in the state under Component A of the Pradhan Mantri Kisan Urja Suraksha evamUtthanMahabhiyan (PM KUSUM) program. The power from these projects will be sold to Madhya Pradesh Power Management Company Limited. As per the tender document, after the first year, the developer must achieve an annual minimum capacity utilization factorof 15 per cent. Further,the procurer in a contract year may purchase any additional energy above the 23 per cent capacity utilization factorat a rate equivalent to 75 per cent of the PPA tariff. The ceiling tariff has been set at Rs 3.07 per kWh. The deadline for submission of bids is June 21, 2021.

To be eligible, the prospective bidder must have a net worth of at least Rs 10 million per MW of the quoted capacity as well as an average annual turnover of at least Rs 20 million per MW of the capacity desired. The successful bidder will be responsible for laying a dedicated 11 kV line, construction of bay, and related switchgear at an interconnecting substation where the project will be connected to the grid, and metering, all of which will be done at its own cost.

Under Component A of the program, the government aims to install 10 GW of decentralized ground-mounted grid-connected solar projects of individual project sizes of up to 2 MW.In February 2021, MPUVNL had increased the capacity of bids for solar power projects under Component A of the KUSUM program from 100 MW to 300 MW.

GET ACCESS TO OUR ARTICLES

Enter your email address