Bihar DISCOM Invites Bids for 564 MW Solar Projects Under KUSUM
The last day to submit the bids is April 5, 2023
March 27, 2024
Bihar State Power Generation Company (BSPGCL) has invited bids to commission 564 MW of grid-connected distributed solar power projects in the jurisdictions of South and North Bihar Power Distribution Companies under Component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) Program.
The scope of work also involves constructing the 11 kV line to connect the projects with substations and provide a remote monitoring system. The successful bidders must also oversee the projects’ operation and maintenance for 25 years.
The project’s estimated cost is ₹35 million (~$419,938)/ MW.
The last day to submit the bids is April 5, 2023. Bids will be opened on the same day.
Bidders must furnish an ₹100,000 (~$1,199)/ MW as earnest money deposit.
Selected bidders must furnish a performance bank guarantee of ₹100,000 (~$1,199)/ MW.
The projects should be commissioned within 18 months of signing the power purchase agreement.
Bidders must identify 100% of the required land at the time of bid submission.
Developers will receive central financial assistance at 30% of the estimated project cost. Additionally, the state government will offer an extra financial assistance of ₹4.5 million (~$53,996)/ MW.
Bidders must propose a technology that is already widely used commercially. Additionally, the bidder must have at least one operational project using this technology for a minimum of one year, with a capacity of no less than 1 MW.
Bidders should have a minimum net worth of ₹10.5 million (~$125,981)/ MW as of the last day of the previous financial year.
Modules used should be included in the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers.
The developers must submit the authorization or domestic content requirement certificates for the solar cells used in these modules.
The declared annual capacity utilization factor must be not less than 19%.
Recently, BSPGCL invited bids to set up a 10 MW grid-connected floating solar project under the renewable energy service company model over the reservoir of Durgawati Dam.
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