Assam Power Generation Corporation Ltd (APGCL) has issued a Request for Proposal (RfP) for the development of 70 MW of grid-connected solar photovoltaic projects in Amguri Solar Park in the state.
The projects will be developed on build own-operate basis for the procurement of solar power by the APDCL for a period of 25 years.
The last date for the submission of bids is February 6, 2019. The technical bids will open on February 8, 2019 and the price bids will open on February 18, 2019.
The upper tariff limit for the bids is ₹3.50 (~$ 0.049)/kWh.
The bidders will be free to avail fiscal incentives like accelerated depreciation, concessional customs and excise duties, tax holidays, benefits from trading of carbon credits, as available for such projects.
The maximum period for commissioning of project is 12 months.
To be eligible to bid, the net worth of the bidder should not be less than ₹6.1 million (~$ 0.086 million) per MW in the preceding financial year.
In January 2018, APDCL had floated tenders for the development of 100 MW (4X25 MW) of ground-mounted solar PV projects under build own operate (BOO) basis in four separate regions spread across the state of Assam.
The lowest tariffs discovered for the four regions were ₹3.70 (~$0.056)/kWh, ₹3.24 (~$0.048)/kWh, ₹3.19 (~$0.048)/kWh and ₹3.17 (~$0.047)/kWh.
Recently, Quantum Materials Corp (QMC), a nanomaterial and quantum dot manufacturer, signed an agreement with Amtronics CC for the development, manufacture, and commercialization of thin-film quantum dot solar cells (QDSC) and solid-state LED lighting (SSL) in the state of Assam.
Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism & Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. More articles from Nitin Kabeer