Goa Energy Development Agency (GEDA) has invited bids to commission 30 MW of rooftop solar projects on government buildings through the renewable energy service company (RESCO) model.

Phase 1 of the project comprises 75 locations with a total capacity of 10-13 MW, while Phase 2 encompasses 312 locations with a capacity of 20-28 MW.

The selected bidders must also oversee the operation and maintenance of the project for 25 years.

The last day to submit the bids is April 26, 2024. Bids will be opened on April 29.

The ceiling tariff has been set at ₹4.03 (~$0.049)/ kWh for Phase I and ₹3.95 (~$0.048)/ kWh for Phase II.

The successful bidder must generate a minimum electricity of 1,400 kWh/ kW.

The size of the entire project must be 30 MW. This project may, however, comprise several rooftop units. Each rooftop unit should have a separate meter for billing purposes.

The successful bidder should install two energy meters — the main meter and the check meter — for capacities above 20 kW.

Bidders must submit an earnest money deposit (EMD) of ₹5 million (~$60,414). Selected bidders must submit ₹2 million (~$24,165)/ MW as a performance bank guarantee.

Selected bidders must also furnish a security deposit of ₹1 million (~$12,082) /MW. The EMD submitted by the selected bidder will be adjusted into a security deposit.

Bidders must have completed three similar works totaling at least 40% of the estimated workload (12 MW), or two comparable projects totaling at least 60% of the estimated workload (18 MW), or one comparable project totaling at least 80% of the estimated workload (24 MW).

They should have an average annual financial turnover of at least ₹360 million (~$4.34 million) for the last two financial years. Micro and small enterprises and start-ups must have an average annual financial turnover of at least ₹180 million (~$2.17 million) if they submit the certificate issued by MSME authorities.

A minimum capacity utilization factor of 17% should be maintained for five years.

In his budget announcement in March 2023, the state’s chief minister proposed installing 25-30 MW of solar power projects on all government buildings, stadiums, sports complexes, market complexes, and educational institutions.

Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.