MSEB Solar Agro Power (MSAPL), a wholly owned subsidiary of MSEB Holding Company, has invited bids to procure 160 MW of solar power for feeder-level solarization under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program, Amravati.

The projects for the tender will be developed under the second phase of the Mukhyamantri Saur Krushi Vahini Yojana program.

The last date for the submission of bids is February 27, 2024.

Bidders must submit ₹25,000 (~$300.8)/MW plus 18% GST as the cost of the tender and  ₹2,500 (~$30.08)/MW of the base capacity + 18% GST.

Bidders must submit ₹100,000 (~$1,201)/MW of the quoted capacity as the earnest money deposit.

The successful bidder must furnish an amount equivalent to ₹500,000 (~$6,007)/MW of the quoted capacity as a performance bank guarantee.

If Maharashtra State Electricity Distribution Company (MSEDCL) can identify any new substations in the Amravati region before the bid due date, meeting the specified criteria for interconnection at 11 kV / 22 kV / 33 kV voltage levels of substations, it may opt to purchase an additional capacity of solar power up to 242 MW.

The solar power units must be connected to either 11 kV, 22 kV, or 33 kV voltage levels or at the extra high voltage level of the sub-station. The successful bidder will be responsible for the evacuation of power up to the delivery point and the associated energy accounting infrastructure at their own expense.

The successful bidder will also be responsible for the arrangement of connectivity, with assistance from MSAPL, to obtain grid connectivity approvals for the project.

If there is a delay in the approval of grid connectivity, and this delay is not due to any default by the project special purpose vehicle, the affected units will be considered to have achieved the commercial operation date.

These units will be eligible to receive deemed generation as per the terms of the power purchase agreement.

MSAPL has secured approximately 942 acres of revenue land through land lease agreements to establish the base capacity.

If there is a need for private land, MSAPL has curated a list of privately owned land parcels available for lease on its portal.

For projects exceeding 200 MW in capacity, bidders must have commissioned or possess an operational solar capacity of no less than 250 MW. For projects below 200 MW, bidders must have successfully commissioned or possess an operational solar capacity of at least 100 MW.

The net worth of bidders over the last three financial years should be a minimum of ₹10 million ($120,130). A foreign investment fund may qualify based on assets under management of at least ₹10 billion ($120.13 million).

Bidders must have a minimum annual turnover of at least ₹2.5 million (~$30,033) per MW of the base capacity during the last financial year.

Recently, MSAPL invited bids to procure 231 MW of solar power for feeder-level solarization under Component C of the PM-KUSUM program.

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