The Jharkhand Renewable Energy Development Agency (JREDA) has called for Expression of Interest (EoI) to establish an 18 MW grid-connected solar power project. A RESCO model will be adopted for the said project which will be located at the Giridih Solar City under the Solar City Program. Upon success, the bidder will be responsible to design, engineer, finance, supply, erect, test, and commission the project within a period of 15 months from receiving the work order. In addition, the winning bidder will be required to provide comprehensive operation and maintenance for a period of 25 years. The developer shall enter a power purchase agreement (PPA) with Jharkhand Bijli Vitran Nigam. The bid submission deadline is July 13, 2022.
As per the tender guidelines, the bidders must have previously developed a 50 MW of grid-connected solar project wherein one of those projects should be 10 MW at a single location under the RESCO model. The bidders are also required to have previously successfully operated and maintained grid-connected ground-mounted solar power projects of 10 MW capacity or above against a single contract for at least six months, ending on the last date of the month.
In November 2021, Tata Power and Tata Steel joined hands to develop grid-connected solar projects in Jharkhand and Odisha. The companies agreed to sign a 25-year PPA to develop 41 MW solar projects, including rooftop, floating, and ground-mounted. For Tata Steel, Tata Power will build 21.97 MW of solar capacity in Jamshedpur, Jharkhand, and 19.22 MW in Kalinganagar, Odisha.