Uttarakhand Irrigation Department will install a 40 MW solar power project on its dams at Tumaria and Haripura, near Kashipur. The project will be developed under a build, own, operate and transfer model.
First floated in January, the tender for project has had multiple bidding extensions, the last being until May 30.
The re-tendered project will now be awarded through an international competitive bidding process with a tariff ceiling of Rs4.29/kWh. Bidders are required to deposit a bank guarantee of Rs322.63 lakh with bidding closing on June 28. Technical bids will open on July 1.
To be eligible, bidders must have developed at least one single-site, ground-mounted solar project with a generation capacity of at least 15 MW which is in operation. Developers must also have at least two years’ operation and maintenance experience related to solar projects with the same capacity requirement. The irrigation department will sign a power purchase agreement for 25 years with the successful bidder.
Once the contract is awarded the project must be completed within a year.
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