The solar power developer can bid for an individual project, minimum 10 MW, and maximum up to 100 MW in multiples of 5 MW. The solar plant can be set up at different sites and locations. The bidder shall identify its land.
The project will be developed under a “Build-Own-Operate” (BOO) basis. BOO is a project model under which a private entity receives a concession from the private or public sector, or government to finance, design, construct, own, and operate a solar facility.
Moreover, the developer must also take care of machinery, ancillary equipment, material, switch-gear, transformers, protection equipment and the transmission network to deliver the electricity generated by the project to the delivery point.
The developer will sign a power purchase agreement with GRIDCO, and the power generated from the plants will be sold to the Odisha Power Transmission Corporation Limited (OPTCL) for a period of 25 years.
The tender has mentioned an important provision related to the upcoming duties, which is essential for the bidders.
The pass-through in the quoted tariff shall be provided to the bidders due to any change in the statutory laws like Anti-Dumping Duty (ADD) or any Safeguard Duty (SGD) on the Solar PV modules. However, this pass-through in the tariff shall be applicable for any imposition of ADD or any SGD between the period of the date of submission of the bid and invoice date of PV modules procured for the project. In no case, this pass-through tariff shall be applicable after the scheduled commercial operation date (SCOD).
The tender document also stated: “Projects under construction, projects that are not yet commissioned, and projects already commissioned but do not have any long-term PPAs with any agency and selling power on short-term or merchant plant basis will, however, be considered in case these projects are not already accepted under any other Central or State Schemes.”
The selected solar power developer should finish the project within 18 months of the effective date of PPA signing.
The tariff range is fixed between INR 2.53-4.0 ($0.039-0.062)/kWh. Bid submissions are due on April 29, 2018.