IPGCL’s Rooftop Solar Empanelment Tender Receives Lowest Bid of ₹37,000/kW
Amplus KN One Power was the lowest bidder for Part A and E under the CAPEX model
May 20, 2020
The Indraprastha Power Generation Company Limited (IPGCL) has announced the lowest bidder (L1) and the quoted price for rooftop solar projects under the capital expenditure (CAPEX) model of Part A, and E.
For the CAPEX model Part A, Amplus KN One Power Private Limited emerged as the L1 bidder with the quoted project cost of ₹37,000 (~$492.3)/kW.
For the CAPEX model Part E as well, Amplus KN One Power Private Limited was declared as the L1 bidder with a quoted project cost of ₹39,200 (~$521.6)/kW.
As per the Request of Selection (RfS) clause, all the qualified bidders other than the L1 bidder in the bracket of (L1+25% of L1) or (L1+30% of L1, if the empaneled agencies are less than five) will have to give their consent to match the L1 bid within three working days.
Earlier in April this year, IPGCL had announced the L1 bidder for the CAPEX model of Part C and Part D. For part C, Synergy Wave System LLP had emerged as the L1 bidder with the quoted project cost of ₹37,790 (~$502.9)/kW. For CAPEX Part D, Synergy Wave Systems LLP was declared as the L1 bidder with the project cost of ₹33,931 (~$451.5)/kW.
The bids were in response to the tender floated by IPGCL for the empanelment of firms for the supply, installation, and commissioning of rooftop solar systems in the national capital. These grid-connected rooftop solar systems, ranging between 1 kW-10 kW and 10 kW-500 kW, will be set up at various locations in Delhi. Of the 30 MW capacity, 10 MW is slated for each of Delhi’s three distribution companies (DISCOMs).
As per the tender document, for projects under the CAPEX A model, the minimum capacity for the project is 4 kW, for CAPEX B it is 10 kW, for CAPEX C it has been set at 20 kW, for CAPEX D it is 100 kW, for CAPEX E it is 4 kW, and for CAPEX F it is 10 kW.
Meanwhile, for RESCO A, the minimum capacity for the project 25 kW, for RESCO B it is 100 kW, and for RESCO C, it is 25 kW.
Also, central financial assistance (CFA) of up to 40% will be given for projects up to 3 kW. For projects above 3 kW capacity and up to 10 kW, a CFA of 40% would be applicable only for the first 3 kW capacity, and above that, it will be 20%.
In March this year, the Punjab State Power Corporation Limited (PSPCL) announced subsidies for grid-connected rooftop solar systems ranging between 1 and 10 kW in the residential sector, which could make solar very affordable. PSPCL noted that for a 1 kW system, the vendor shall charge the consumer only ₹22,200 (~$307) which is ₹37,000 (~$510) minus ₹14,800 (~$205) (@ 40% subsidy).
Earlier, IPGCL had auctioned 21.5 MW of rooftop solar projects to be developed under RESCO and CAPEX models in Delhi. Out of the auctioned capacity, 15.5 MW was to be developed atop government schools in Delhi.
Previously, Mercom had reported that IPGCL had floated a tender under the open category for 5 MW of grid-connected rooftop solar PV projects of various capacities across Delhi. IPGCL had floated this tender on behalf of the Energy Efficiency and Renewable Energy Management Center, which is Delhi’s nodal agency.
Get the most relevant India solar and clean energy news.
RECENT POSTS
LATEST HEADLINES
Government Clarifies ALMM Enlistment Guidelines for Co-branded Solar Modules
Mar 24, 2023
Intra-State Sections of Evacuation Infrastructure for Renewables Delayed
Mar 24, 2023
EnBW Takes €2.4 Billion Final Investment Decision on Offshore Wind Project
Mar 24, 2023
India Missed 2022 Renewables Target as Rooftop Solar and Wind fell Short
Mar 24, 2023
Researchers Aim to Accelerate Delivery of Space-Based Solar Power to Earth
Mar 24, 2023
India added an impressive 2.5 GW open access solar capacity in 2022, registering a growth of 92% year-over-year (YoY), according to the 2022 Q4 & Annual Mercom India Solar Open Access Market Report. Karnataka emerged as the to...
March 23, 2023
Markets & Policy
Government Clarifies ALMM Enlistment Guidelines for Co-branded Solar ModulesThe Ministry of New and Renewable Energy (MNRE) has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the qualification criteria for modules produced under agreements betwe...
March 24, 2023
C&I
In Bengaluru, a 100 kW Solar System Can Save C&I Entities ₹1 Million AnnuallyMercom India successfully concluded the C&I Clean Energy Meet 2023 in Bengaluru, where stakeholders in the solar sector and commercial and industrial entities converged to enthusiastically discuss the benefits of renewable ene...
March 24, 2023
Other
Gensol Acquires Solar Tracker Maker Scorpius for ₹1.35 BillionGensol Engineering, a part of solar engineering, procurement, and construction (EPC) company Gensol Group, has acquired India-based solar tracker manufacturer Scorpius Trackers for ₹1.35 billion ($16.4 million). Gensol said the ac...
March 23, 2023
Trending News
Mercom Focus
Researchers Find Solution to Manage Load in Solar PV & Storage Systems
February 28, 2023
February 27, 2023
February 24, 2023
January 17, 2023
Magazine
Latest News
The Ministry of New and Renewable Energy (MNRE) has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the qualification criteria for modules produced under agreements...
March 24, 2023
The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC) have been delayed due to various reasons, including...
March 24, 2023
German electric utility company Energie Baden-Wuerttemberg (EnBW) has made its final €2.4 billion (~$2.6 billion) investment decision on He Dreiht, a major wind project in the German North Sea. The project has a capacity of 960...
March 24, 2023
The Parliamentary Standing Committee on Energy report has isolated underwhelming progress on rooftop solar and wind energy projects as the primary reason for India falling short of achieving its renewable energy capacity target...
March 24, 2023
Researchers at Northumbria University are studying ways of producing wireless electricity from space to Earth by harvesting the Sun’s energy. U.S.-based aerospace, defense, and information security organization Lockheed Martin...
March 24, 2023
The Maharashtra Electricity Regulatory Commission (MERC) recently directed Hindustan Petroleum Corporation (HPCL) and the Maharashtra State Electricity Distribution Company (MSEDCL) to recompute the delayed payment charge from...
March 24, 2023
The National Renewable Energy Laboratory (NREL) has devised a new way to produce perovskite solar cells that could speed its commercialization. Different layers are typically added sequentially to a conductive glass substrate to...
March 24, 2023
Saudi Arabia-based energy company ACWA Power has signed power purchase and investment agreements with National Electric Grid of Uzbekistan, and the Ministry of Investment, Industry, and Trade to develop new solar and battery...
March 24, 2023
The China Securities Regulatory Commission has approved the registration of CSI Solar, the engineering, procurement, and construction arm of solar module maker Canadian Solar, to issue an initial public offering (IPO). The...
March 24, 2023
Renewable capacity grew by 9.6% in 2022, adding a record 295 GW worldwide. This accounts for 83% of all power capacity added last year and brings the global renewable generation capacity to 3,372 GW by the end of last year, a...
March 24, 2023
Get the most relevant India solar and clean energy news.
POPULAR POSTS
Government Clarifies ALMM Enlistment Guidelines for Co-branded Solar Modules
Mar 24, 2023
Intra-State Sections of Evacuation Infrastructure for Renewables Delayed
Mar 24, 2023
EnBW Takes €2.4 Billion Final Investment Decision on Offshore Wind Project
Mar 24, 2023
India Missed 2022 Renewables Target as Rooftop Solar and Wind fell Short
Mar 24, 2023
Researchers Aim to Accelerate Delivery of Space-Based Solar Power to Earth
Mar 24, 2023