Maharashtra issues tender to purchase 1GW of solar to meet RPO

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The ceiling tariff will be INR 2.80/kWh. Flickr: Arian Zwegers

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to purchase power from 1GW of solar PV capacity, with certain projects under construction, not yet commissioned or that don't have a long-term PPA also eligible.

The Discom is hoping to fulfil the requirements of its Renewable Purchase Obligation (RPO).

The ceiling tariff will be INR 2.80/kWh (~$0.039) and 25-year power purchase agreements (PPA) will be signed with the winners. The minimum size for an individual intra-state project is 5MW and for inter-state projects, the minimum project capacity is 50MW.

The tender stated: “Projects under construction, projects which are not yet commissioned and projects already commissioned but do not have any long-term PPA 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 and do not have any obligations towards existing buyers.”

The deadline for bid submission is 3 January 2019. 

Back in September, Maharashtra State Power Generation Company (Mahagenco) invited expressions of interest (EOI) for setting up a solar manufacturing plant in the Indian state, using any type of cells and modules. In August, Solar Energy Corporation of India (SECI) issued a tender for 250MW of solar capacity at the Dondaicha Solar Park (Phase-1) in Dhule. Meanwhile, the state's 1GW auction in May attracted winning bids of between INR 2.71-2.72/kWh.

MSEDCL also recently issued a tender to develop 1.4GW of solar projects of 26x50MW and 4x25MW capacity.

Read Next

October 19, 2021
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
October 13, 2021
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
October 11, 2021
Two consortiums have been selected to take part in the tender for the construction and operation of the first long-distance high-voltage direct current (HVDC) power line in Chile, with a capacity of 3GW.
October 11, 2021
A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
October 6, 2021
Indian solar manufacturer Emmvee has signed a memorandum of understanding with the government of Karnataka to set up a 3GW cell and module production plant in the state.
September 28, 2021
Indian solar manufacturer Premier Energies has secured an INR 2 billion (US$27 million) investment from private equity firm GEF Capital Partners to support its planned increases in cell and module production.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021