Mahasamruddhi Renewable Energy, a special purpose vehicle of Maharashtra State Road Development Corporation, has invited bids to select a consultant for 9 MW solar power projects along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg.

The scope of work includes peer review of the existing detailed project report (DPR), preparation of revised DPR, bid process management, carbon credit trading, and project management for the solar projects.

The last day to submit the bids is July 16, 2024. Bids will be opened on July 18.

Bidders must submit a bid security of ₹300,000 (~3,590).

Selected bidders must furnish an amount equal to 8% of the total contract price as a performance security within 15 days of the acceptance letter.

Bidders must have experience in preparing DPRs for solar energy projects with a cumulative capacity of 200 MW. At least one DPR must be for a 100 MW renewable project like floating solar or wind-solar hybrid.

They should have completed at least one bid process management to select a developer of at least 50 solar projects in the last five years. They should have experience working with the Japan International Cooperation Agency, World Bank, or Asian Development Bank for carbon credit projects in the last five years.

Bidders should have experience preparing carbon footprint calculation reports for infrastructure projects in the last five years. They should have experience working with the Interstate Renewable Energy Council and Global Carbon Council in carbon trading in the last five years.

They should be experienced in accessing carbon credit and implementing it for any infrastructure project in the last five years. They should have five years of experience preparing environmental impact assessments for large infrastructural projects.

Bidders must have at least one technical expert with experience working on international renewable energy projects with development banks.

They must have an average annual turnover of ₹15 million (~$179,533) during the last three financial years.

Their net worth as of the last day of the preceding financial year should not be less than ₹7.5 million (~$89,766).

In November, the Bureau of Energy Efficiency issued a draft detailed procedure for compliance mechanisms under the Carbon Credit Trading Program.

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