The Maharashtra State Power Generation Company (MAHAGENCO) has floated a tender for setting up a 25 MW grid-connected solar power project with associated 33 kV evacuation lines in Dhule district of Maharashtra. The scope of work will involve design, engineering, manufacture, supply, erection, and commissioning of the solar installation.
As per the tender document, the bidders must have experience in successfully executing engineering, procurement, and construction (EPC) of large-scale grid-connected solar power projects with a cumulative installed capacity of 12.5 MW or higher in the last seven years. Bidders must also have at least one year of experience operating and maintaining a solar power project with a minimum capacity of 5 MW. The project should be in operation as of the date of bid submission. The winning bidder will also be responsible for the operations and maintenance of the project for the period of 25 years. The bid submission deadline is November 10, 2021.
In September 2021, MAHAGENCO received approval from the state cabinet to install two solar power projects, one with a total capacity of 187 MW and the other with a capacity of 390 MW. Further, fund raising was also approved for the two projects. The project financing agreement for the 187 MW solar project was authorised and KFW-Bank in Germany would provide a loan of up to Rs 5.88 billion. The project would be set up on an engineering, procurement and construction basis. The cabinet also approved the project’s funding of Rs 1.58 billion from internal sources and loans from external institutions.