Madhya Pradesh Invites Bids for 1.1 GW Solar Projects Under PM KUSUM

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Madhya Pradesh Urja Vikas Nigam (MPUVNL) has invited bids to develop approximately 1,110 MW of grid-connected solar projects under component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program for feeder solarization.

These projects will supply power to the Madhya Pradesh Power Management Company (MPPMCL) across various locations of the state.

The last date for the submission of the bids is February 7, 2023. Bids will be opened on February 9.

Bidders must deposit a bid processing fee of ₹5,000 (~$61.10)/ MW.

Further, they are required to furnish a bid participation fee of ₹7,000 (~$85.55) and a bid security amount of ₹100,000 (~$1,222.7)/MW.

The successful bidder must submit a performance bank guarantee of ₹500,000 (~$6,114.1)/ MW.

The scope of work requires the bidders to design, engineer, supply, construct, erect, test, and commission the projects along with constructing the bay and related switchgear at the substation.

The work includes comprehensive operation and maintenance for 25 operational years.

The projects must achieve a minimum capacity utilization factor (CUF) of 15% on annual basis, except for the first year of operation. The procurer will be responsible to purchase additional energy above 21% CUF on annual basis from the developer according to the tariff set for that year under the agreement.

The substations for the projects are to be identified by the concerned distribution companies and must have at least one agricultural feeder emanating from the 33/11 kV substation. It must have at least one non-agricultural feeder emanating from a 33/11 kV substation.

They are also required to commission the projects within 12 months from the date of receiving the letter of award.

The net worth of the bidders or the members of the consortium or the venture should not be less than ₹10 million (~$122,242)/ MW for the capacity applied for the financial year 2021 or 2022.

The developer will also be eligible for central financial assistance calculated at 30% of the estimated project cost.

Last October, MPUVNL issued an RFP to standardize rates for the design, supply, installation, commissioning, and maintenance of solar thermal hybrid systems for 5 years.

Earlier in May, MPUVNL had invited bids for 1.250 MW of solar projects under the PM KUSUM Program.

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