Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued a tender to procure a cumulative 225 MW (AC) of solar power from decentralized, grid-connected PV projects to be developed under component-A of the PM Kusum Scheme in the Indian State of Maharashtra.
The projects will be awarded through competitive bidding followed by reverse auction. The MSEDCL shall enter into a 25-year power purchase agreement (PPA) with the successful bidders.
The ceiling tariff is fixed at INR 3.30 ($0.040)/kWh.
The bidders selected by MSEDCL will set up solar power projects in sizes of a minimum of 0.5 MW to a maximum of 2 MW. Their scope of work includes design, finance, procurement of land, engineering, procurement, construction, metering, and operation and maintenance of the solar plant.
The last date for submission of technical and financial bids is April 28.
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