The Jaipur Vidyut Vitran Nigam (JVVNL) has floated a tender for developing a 4.24 MW grid-connected solar power project under Component ‘C’ of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) program for feeder solarization.

The project will be developed using the Renewable Energy Service Company (RESCO) model and located near 33/11 kV Datwas Substation under A-II Newali Sub-division of Tonk Circle.

The developer must provide a remote monitoring system and operation and maintenance of the projects for 25 years.

The last date for submission of bids is July 17, 2023. Bids will be opened on July 19.

The project’s estimated cost is ₹35 million (~$425,648)/MW.

Bidders must furnish an earnest money deposit of ₹100,000 (~$1,216)/MW of the quoted capacity.

The successful bidders must submit a performance bank guarantee (PBG) of ₹500,000 (~$6,080)/MW of the quoted capacity.

A power purchase agreement for 25 years, at the levelized tariff approved by the Rajasthan Electricity Regulatory Commission, is to be executed between the selected bidder and Rajasthan Urja Vikas Nigam within seven days of submission of PBG.

The projects must be commissioned within nine months from the date of signing of the power purchase agreement.

The successful bidder will be eligible for central finance assistance at 30% of the estimated installation cost, which is ₹10.5 million (~$127,728)/MW, as per program guidelines issued by MNRE.

The bidder can be a sole bidder or a joint venture of up to two members. A bidder can submit a bid for one or more than one solar projects listed in the bid document.

For landowners, farmers any individual with/without required land for the project, an undertaking certifying ownership of movable and immovable assets worth at least 20% of the total cost of the quoted capacity by the bidder must be submitted.

Individuals or firms should have a minimum annual average turnover of at least 30% of the total cost of quoted capacity in the last three financial years.

Only modules included in the latest Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy should be used in the project.

The delivery point will be the 33 kV side of the concerned 33/11 kV substation.

The developer must ensure a minimum capacity utilization factor of 17%.

Earlier, JVVNL had floated a tender for developing 113.2 MW grid-connected solar projects through the RESCO model under Component C of the PM-KUSUM program for feeder solarization.

Subscribe to Mercom’s India Solar Tender Tracker to stay on top of tender activity in real-time.