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					</table><p>Uttarakhand Jal Vidyut Nigam (<a href="https://www.ujvnl.com/" target="_blank" rel="noopener">UJVNL</a>), a state government enterprise, has invited bids for setting up a 2.5 MW canal bank grid-connected solar power project on the Yamuna Power Channel in Dakpathar district, Dehradun, Uttarakhand, on a build, own, operate, and transfer (BOOT) basis.</p>
<p>The last date for the submission of bids is November 6, 2023. Bids will be opened the next day.</p>
<p>Bidders have to submit ₹5,000 (~$60) as the cost of the tender and ₹75,000 (~$901) as a bid processing fee, along with 18% GST.</p>
<p>The estimated cost of the project is ₹150 million (~$1.8 million).</p>
<p>Bidders must furnish ₹1.25 million (~$15,026) as an earnest money deposit.</p>
<p>The successful bidder has to submit a performance bank guarantee of ₹2.5 million (~$30,052) before the signing of the Power Purchase Agreement (PPA).</p>
<p>The project should be initiated no later than 12 months after either the signing of the PPA with the developer or the issuance of the project&#8217;s start date, depending on whichever event occurs first.</p>
<p>The successful bidder would be responsible for the supply of electricity for 25 years, per the PPA&#8217;s terms and conditions.</p>
<p>The PPA will be executed between UJVNL and the successful bidders within thirty days after the issuance of the Letter of Intent.</p>
<p>UJVNL will grant land, on a right-to-use basis, near Bridge No-01, Dakpathar of Yamuna Power Channel, in the vicinity of Dakpathar, District Dehradun, to solar power developers for 25 years, plus an additional twelve months for the establishment of solar plants.</p>
<p>The bidder has the freedom to select any solar power generation technology, including options like crystalline silicon solar cell modules, thin film modules, concentrated PV modules, or any other PV technology.</p>
<p>However, the chosen solar module must adhere to the current Indian Standards/ International Electrotechnical Commission standards and receive approval from the Ministry of New and Renewable Energy (MNRE).</p>
<p>The tender intends to support well-established and proven technologies exclusively to reduce technological risks and ensure the project&#8217;s successful launch within the state.</p>
<p>The bidder or any consortium member must have a track record of successfully completing similar projects for the Central Government, State Government, CPSUs, PSUs, and private entities on an ownership basis, engineering, procurement, and construction (EPC), or BOOT basis within the last seven years.</p>
<p>Similar projects include the EPC, supply, installation, commissioning, and operation &amp; maintenance of solar modules, wind turbines, or balance of system components for any grid-connected solar or wind power project.</p>
<p>The bidder’s average annual financial turnover in the last three years must be at least ₹6 million (~$72,124)/MW of the quoted capacity.</p>
<p>The bidder should have a positive net worth equal to a minimum of ₹5 million (~$60,104)/MW of the quoted capacity and sufficient projected liquidity to ensure smooth project execution.</p>
<p>The bidder should have generated a profit in at least one of the immediately preceding three years (2020-21, 2021-22, 2022-23).</p>
<p>In February, UJVNL <a href="https://www.mercomindia.com/uttarakhand-bids-for-9-5-mw-of-solar-projects" target="_blank" rel="noopener">invited</a> bids to set up 9.5 MW of grid-connected solar projects near the Kulhal powerhouse in the Dehradun district.</p>
<p>Recently, the Uttarakhand Government <a href="https://mercomindia.com/uttarakhands-draft-solar-policy-targets-2000-mw-by-2028/" target="_blank" rel="noopener">released</a> a draft solar policy that targets 2,000 MW of installed solar capacity and envisages boosting the proportion of solar power in power distribution companies’ energy purchases to 18% by 2028.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker </a>to stay on top of tender activity in real time.</p>


UJVNL Invites Bids for 2.5 MW Canal Bank Solar Project in Dehradun

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