Mahasamruddhi Renewable Energy, a special-purpose vehicle of Maharashtra State Road Development Corporation, has invited bids to commission a 4 MW solar project in Buldhana, Maharashtra.

The project will be developed at the 284-km chainage along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg.

The project should be completed within nine months of receiving the work order. The developer should oversee the project’s operation and maintenance for seven years.

The project’s estimated cost of ₹184.8 million (~$2.2 million).

The last day to submit the bids is July 5, 2023. The bids will be opened on the next day.

Bidders should submit an earnest money deposit of ₹1.85 million (~$22,411). The successful bidder must furnish an amount equivalent to 5% of the total contract amount as a performance bank guarantee.

Bidders should have commissioned or overseen the commissioning of solar projects of cumulative installed capacity of not less than 2 MW or higher, out of which at least one project should be 1 MW or higher capacity. The reference project should have successfully operated for at least six months before the bid due date.

They should have executed at least an electrical substation of 11/22 kV or above voltage level, consisting of equipment such as 11/22 kV or above voltage level circuit breakers and power transformer, either as a developer or as EPC contractor, which should be in successful operation for at least one year before the date of bid due date.

Bidders should have an average annual turnover of at least ₹90 million (~$1.1 million) for the three financial years. Their net worth as of the last day of the preceding year should not be less than ₹45 million (~$545,153).

The contractor is responsible for land development as per the project requirements and the installation of transmission lines to connect the solar power project to the 33/11 kV MSEDCL Khandela substation, located approximately 4.5 km from the project.

The declared annual capacity utilization factor should not be less than 20%.

The solar modules used should be Mono PERC technology and must be listed in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.

Modules must be warranted for ten years, and the output peak watt capacity should be at least 90% at the end of 10 years and 80% at the end of 25 years.

Recently, Maharashtra State Electricity Distribution Company issued multiple tenders to develop solar projects of 615 MW in aggregate capacity split into four different regions of the state.

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