The Odisha Renewable Energy Development Agency (OREDA) has invited bids to develop a 10 MW grid-connected, ground-mounted solar power project in the Kalahandi district of the state.
The power plant is part of the Ministry of New and Renewable Energy’s High Visibility Solar Applications Scheme and will be established on a build-own-operate basis in the Junagarh sub-district.
The project is intended to provide all the energy requirements of Konark town.
The successful bidder will be eligible for up to INR10 crore of viability gap funding assistance for the project.
The solar plant will be awarded through competitive bidding and a reverse auction and only Indian-made solar cells and modules will be considered for the facility.
The Grid Corporation of Odisha will enter into a 25-year power purchase agreement with the successful developer and the project site has been provided by the state’s Department of Energy.
Bidders must have commissioned a cumulative 10 megawatts of ground-mounted, megawatt-scale solar projects in the three years before the deadline for online submission of technical bids. Interested developers must also have had an average solar business annual turnover of at least INR50 lakh in the last three fiscal years, for each megawatt of capacity they bid for under the OREDA tender. They should have had a net worth of at least INR1.07 crore per megawatt bid for, on the final day of the last fiscal year.
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