JDVVNL floats bids for 531 MW of solar projects under KUSUM

Under Component C of the Pradhan Mantri Kisan Uria Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, the Jodhpur Vidyut Vitran Nigam (JDVVNL) issued seven tenders for the installation and commissioning of 531.12 MW of grid-connected solar power projects in various subdivisions of the Jalore Circle. The winning bidder must operate and maintain the project for a period of 25 years from the date of commercial operation. The projects will be developed under the renewable energy service company (RESCO) model.

According to the tender document, bidders must submit Rs 100,000 as an earnest money deposit for each MW of the quoted capacity in order to be considered for the contract. The winning bidders are required to provide a performance bank guarantee of Rs. 500,000 per MW of the quoted capacity. The project’s anticipated cost is Rs 35 million per MW. Within seven days of providing the performance bank guarantee, a power purchase agreement (PPA) for 25 years at the levelized tariff would be drafted between the bidder and the Rajasthan Uria Vikas Nigam. The projects must be commissioned within nine months from the PPA signing.

Furthermore, the minimum average annual turnover of bidders should be at least 30 per cent of the total cost of the quoted capacity during the last three financial years. JDVVNL has mandated the use of indigenously manufactured solar modules, which are also on the Approved List of Models and Manufacturers (ALMM).

In May 2023, JDVVNL floated bids to install and commission 32.76 MW of grid-connected solar power plants in various subdivisions of the Balotara division in the Barmer circle under Component C of the PM-KUSUM.