Madhya Pradesh Invites Bids for 300 MW Solar Projects Under KUSUM
The last day to submit the bids is January 2, 2024
October 5, 2023
Madhya Pradesh Urja Vikas Nigam (MPUVNL) has invited bids to set up 300 MW of grid-connected solar power projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (KUSUM) program at various locations in the state.
The Madhya Pradesh Power Management Company will procure the power from the projects for 25 years.
The scope of work includes the design, engineering, supply, construction, erection, testing, and commissioning, including the construction of the bay and related switchgear at the sub-station, along with the comprehensive operation & maintenance for 25 years.
The last day to submit the bids is January 2, 2024. The bids will be opened on January 09.
Bidders must submit ₹100,000 (~$1201)/MW of the quoted capacity as bid security. The successful bidder will have to furnish an amount equivalent to ₹500,000 (~$6007)/MW of the allotted capacity as a performance bank guarantee within 30 days from the date of issue of letter of award.
The substation to be considered for feeder solarization under Component-C of the PM KUSUM program should meet the following criteria:
- It should have at least one dedicated agricultural feeder from the 33/11 kV substation
- It should have at least one non-agricultural feeder from the 33/11 kV substation
- The 33/11 kV substation should be technically capable of accommodating the proposed capacity of the solar project under the feeder solarization program
To participate in the bidding process, the bidder’s net worth in the last financial year should not be less than ₹10 million (~$129,900)/MW of the capacity applied.
The average annual turnover of the bidder for any two consecutive years of the last three financial years should be ₹20 million (~$240,316)/MW of the quoted capacity.
For any contract year except for the first year of operation, the renewable power generator will be required to achieve a minimum CUF of 19% annually during the period of PPA.
The central financial assistance will be ₹10.5 million (~$126,166)/MW, i.e., 30% of the estimated project installation cost at ₹35 million (~$420,554)/MW.
The solar generator will be responsible for land and associated infrastructure to develop the project and connectivity with the 33/11 kV sub-station to confirm power evacuation by the scheduled commissioning date or the commercial operation date, whichever is earlier.
In January, MPUVNL invited bids to develop approximately 1,110 MW of grid-connected solar projects under component C of the PM KUSUM program for feeder solarization.
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