TEDA floats bids for 20 MW rooftop solar projects

The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposals for the installation and commissioning of 20 MW of grid-connected rooftop solar systems on state government buildings, state-run industrial units, and educational institutions. The chosen bidder will be responsible for the project’s operations and maintenance for five years. The project is expected to cost Rs 1.2 billion dollars

The bidders will be required to pay a bid processing fee of Rs 25,000 with 18 per cent GST. They must also place a bid security deposit of Rs 10 million. As a performance security, the successful bidder must provide an amount equal to 10 per cent of the contract value. According to TEDA, the solar modules for the project should be purchased from the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers. The bid submission deadline is February 15, 2023. 

Recently in December 2022, The National Investment and Infrastructure Fund Limited (NIIFL) and Tamil Nadu Infrastructure Development Board (TNIDB) signed a Memorandum of Understanding (MoU). The collaboration will assist in attracting commercial capital for renewable energy infrastructure in Tamil Nadu. Additionally, TNIDB will receive assistance from NIIFL to identify potential private-sector investment opportunities such as asset recycling and the development of greenfield and brownfield infrastructure projects in a variety of sectors including renewable energy.

In the same month, NTPC Limited completed the installation of 162.27 MW of solar capacity in Tamil Nadu. The plant is the first phase of NTPC’s 230 MW solar project in the Thoothukudi district of Ettayapuram. The Ettayapuram plant spans across roughly 900 acres of land and it comprises around 1.05 million solar panels.