Madhya Pradesh Invites Bids for DPRs of 12.5 MW Solar Projects

The last date to submit a bid is August 21, 24

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Madhya Pradesh Industrial Development Corporation (MPIDC) has invited bids to prepare Detailed Project Reports (DPR) for two ground-mounted solar power projects with a total capacity of 12.5 MW.

The advertised value of the tender is ₹14.9 million (~$170,000).

The last date to submit a bid is August 21, 2024 and bids will be opened by August 28.

Bidders must furnish an earnest money deposit of ₹149,000 (~$1,775.30).

The bid document cost is ₹14,750 (~$175.71).

The DPR and feasibility report is for a 2.5 MW solar project for High Tension connections at commercial buildings in Indore and a 10 MW solar project for the Special Economic Zone, Pithampur.

The selected consultant must submit two separate DPRs for the two projects.

Bidders must conduct a feasibility study to assess the project’s potential, market, logistics, and financial requirements. They must also analyze using extensive data, site visits, and inspections to identify suitable land parcels and conduct a viability study of the project as part of their assessment.

They must carry out detailed financial and economic analyses for the commercial utility-scale grid-connected solar power plants along each corridor, specifying the investment cost in ₹/kW.

Based on the feasibility report, the DPR will be prepared to assess the selection of technology for PV modules, inverters, and transformers, project execution and timelines, power evacuation feasibility, methodology of infrastructure development, business model, risk assessment, and mitigation measures.

The selected consultant must carry out a detailed site survey, including a geotechnical investigation and contour study. The DPR should include energy yield calculation and performance ratio, production forecasts, cost estimates, and soil test reports.

The feasibility report and DPR should be completed within three months.

In 2023, MPDIC invited bids for 97,000 renewable energy certificates through power exchanges or bilateral trade for a power project in SEZ, Pithampur.

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