The Indraprastha Power Generation Company Limited (IPGCL) has announced the lowest bidder (L1) and the quoted price for rooftop solar projects under the capital expenditure (CAPEX) model of Part A, and E.
For the CAPEX model Part A, Amplus KN One Power Private Limited emerged as the L1 bidder with the quoted project cost of ₹37,000 (~$492.3)/kW.
For the CAPEX model Part E as well, Amplus KN One Power Private Limited was declared as the L1 bidder with a quoted project cost of ₹39,200 (~$521.6)/kW.
As per the Request of Selection (RfS) clause, all the qualified bidders other than the L1 bidder in the bracket of (L1+25% of L1) or (L1+30% of L1, if the empaneled agencies are less than five) will have to give their consent to match the L1 bid within three working days.
Earlier in April this year, IPGCL had announced the L1 bidder for the CAPEX model of Part C and Part D. For part C, Synergy Wave System LLP had emerged as the L1 bidder with the quoted project cost of ₹37,790 (~$502.9)/kW. For CAPEX Part D, Synergy Wave Systems LLP was declared as the L1 bidder with the project cost of ₹33,931 (~$451.5)/kW.
The bids were in response to the tender floated by IPGCL for the empanelment of firms for the supply, installation, and commissioning of rooftop solar systems in the national capital. These grid-connected rooftop solar systems, ranging between 1 kW-10 kW and 10 kW-500 kW, will be set up at various locations in Delhi. Of the 30 MW capacity, 10 MW is slated for each of Delhi’s three distribution companies (DISCOMs).
As per the tender document, for projects under the CAPEX A model, the minimum capacity for the project is 4 kW, for CAPEX B it is 10 kW, for CAPEX C it has been set at 20 kW, for CAPEX D it is 100 kW, for CAPEX E it is 4 kW, and for CAPEX F it is 10 kW.
Meanwhile, for RESCO A, the minimum capacity for the project 25 kW, for RESCO B it is 100 kW, and for RESCO C, it is 25 kW.
Also, central financial assistance (CFA) of up to 40% will be given for projects up to 3 kW. For projects above 3 kW capacity and up to 10 kW, a CFA of 40% would be applicable only for the first 3 kW capacity, and above that, it will be 20%.
In March this year, the Punjab State Power Corporation Limited (PSPCL) announced subsidies for grid-connected rooftop solar systems ranging between 1 and 10 kW in the residential sector, which could make solar very affordable. PSPCL noted that for a 1 kW system, the vendor shall charge the consumer only ₹22,200 (~$307) which is ₹37,000 (~$510) minus ₹14,800 (~$205) (@ 40% subsidy).
Earlier, IPGCL had auctioned 21.5 MW of rooftop solar projects to be developed under RESCO and CAPEX models in Delhi. Out of the auctioned capacity, 15.5 MW was to be developed atop government schools in Delhi.
Previously, Mercom had reported that IPGCL had floated a tender under the open category for 5 MW of grid-connected rooftop solar PV projects of various capacities across Delhi. IPGCL had floated this tender on behalf of the Energy Efficiency and Renewable Energy Management Center, which is Delhi’s nodal agency.
Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.