Karnataka Invites Bids for Solarization of Agricultural Feeders Under KUSUM
The last date to submit the bids is February 7, 2023
January 10, 2023
Karnataka Renewable Energy Development (KREDL) has invited bids for the installation and commissioning of grid-connected distributed solar power systems for the solarization of agricultural feeders covering 75,000 individual pump sets under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program.
The projects will be developed in areas under the Hubli Electricity Supply Company and the Chamundeshwari Electricity Supply Corporation jurisdiction.
The successful bidder will also have to develop the associated 11 kV line to connect the projects with the concerned substations and undertake the project’s operation and maintenance (O&M) for 25 years.
The project will be developed under the renewable energy service company (RESCO) model.
Under Component C of the KUSUM program, the government had set a target to solarize 1.5 million grid-connected agriculture pumps of individual capacity up to 7.5 HP by 2022.
The last date to submit the bids is February 7, 2023. Bids will be opened on February 9.
Bidders will have to deposit ₹100,000 (~$1,216)/MW as an earnest money deposit. Also, the successful bidder must furnish an amount equivalent to ₹100,000 (~$1,216)/MW as a performance bank guarantee.
The scheduled commercial operation date of the project must be achieved within nine months from the date of the signing of the power purchase agreement (PPA).
The solar power generators will carry out any evacuation assessment study concerning the connectivity of the project to the respective grid substation.
KREDL has stated that it will be mandatory to use indigenously manufactured solar modules as per the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy (MNRE).
Bidders should propose commercially established technology only and should have at least one project of not less than 1 MW based on the technology being successfully operational for at least one year.
Bidders should have a positive minimum net worth of ₹10.5 million (~$127,629)/MW as of the last date of the previous financial year.
As per the tender documents, during the first ten years, the minimum generation must not be less than 15% of the declared capacity utilization factor (CUF) of the power project, while after ten years, the minimum generation should not be less than 20% of the declared CUF.
Further, the solar power generator should obtain power evacuation approval from competitive authorities after the signing of the PPA.
Any bidder from a country that shares land with India will be eligible to bid in this tender only if the bidder is registered with the competent authority.
Earlier, MNRE had released amendments to the guidelines for the implementation of Component C of the PM-KUSUM program. The ministry has made changes relating to the implementation arrangement and tendering process of the guidelines, allowing system integrators to take part in the bidding process.
According to Mercom’s India Solar Tender Tracker, KREDL has so far floated tenders for 3.19 GW of solar power projects.
Get the most relevant India solar and clean energy news.
RECENT POSTS
LATEST HEADLINES
Maharashtra Approves Tariffs for 8.7 MW of Solar Power Under KUSUM Program
Mar 21, 2023
Brookfield to Aquire KKR’s 50% Stake in Renewable Developer X-Elio
Mar 21, 2023
NTPC’s Subsidiary Will Develop Renewable Projects for IndianOil Refineries
Mar 21, 2023
Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C
Mar 21, 2023
India Voices Concern over Europe’s Carbon Tariff Measure at WTO
Mar 21, 2023
India added 2.5 GW of solar open access in the calendar year (CY) 2022, a year-over-year (YoY) increase of 92% from the 1.3 GW installed in CY 2021, according to the newly released 2022 Q4 & Annual Mercom India Solar Open Acce...
March 15, 2023
Solar
Kerala Issues Empanelment Tender for 100 MW of Solar ProjectsThe Kerala State Electricity Board (KSEB) has invited bids to empanel solar developers to set up 100 MW of grid-connected rooftop and ground-mounted projects. Empanelled vendors also must furnish operation and maintenance (O&M...
March 20, 2023
Tenders and Auctions
Gujarat Invites Bids to Procure 500 MW of Wind Power with Greenshoe OptionGujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. The last day to submit the bids online is ...
March 17, 2023
Rooftop
MSMEs Adopt Solar Readily If Savings on Power Bills Cover EMI Cost: InterviewSmall businesses are open to adopting rooftop solar if loan repayment is not an additional burden and is equal to their savings on electricity bills. Entities in the commercial and industrial (C&I) segment are increasingly mov...
March 17, 2023
Trending News
Tender & Auctions
Indian Oil Floats O&M Tender for 8 MW Solar Project in Ahmedabad
March 14, 2023
Technology
Researchers Find Solution to Manage Load in Solar PV & Storage Systems
February 28, 2023
February 27, 2023
February 24, 2023
January 17, 2023
Magazine
Grid
Sterlite Bags ISTS Project to Evacuate 20 GW of Renewables in Rajasthan
March 13, 2023
Latest News
The Maharashtra Electricity Regulatory Commission (MERC) has adopted tariffs of ₹3.28 (~$0.039)/kWh, ₹3.29 (~$0.039)/kWh, and ₹3.30 (~$0.040)/kWh for the procurement of 8.7 MW of solar power on a long-term basis. The Commission...
March 21, 2023
Global investment firm Kohlberg Kravis Roberts (KKR) has agreed to sell 50% of its stake in renewable developer X-ELIO to its joint venture partner Brookfield Renewable. Financial details were not disclosed. Since KKR’s...
March 21, 2023
NTPC Limited’s wholly owned subsidiary, NGEL, has entered into a joint venture agreement with Indian Oil Corporation (IOCL) to develop renewable energy projects that can meet round-the-clock power requirements to meet the...
March 21, 2023
Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report...
March 21, 2023
India has expressed concern about the carbon border measures proposed by the European Union (EU) at a recent meeting of the World Trade Organization’s (WTO) Committee on Trade and Environment. Presenting a paper on the increasing...
March 21, 2023
JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) have won the Power Company of Karnataka’s (PCKL) auction to supply 1 GW of energy for 8 hours daily from pumped hydro storage projects providing continuous 5-hour...
March 21, 2023
Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, won NTPC’s tender for the balance of system (BOS) package to develop 1.2 GW (4*300 MW) of solar...
March 21, 2023
Indian Oil Corporation (IOCL) has invited bids for the operation and maintenance (O&M) of an existing 8 MW solar power project at the LPG bottling plant at Sanand in Ahmedabad for five years. The last date to submit the bids...
March 21, 2023
Researchers at the Indian Institute of Technology Mandi (IIT Mandi) have claimed a breakthrough in producing metal oxide layers for use in advanced architecture silicon solar cells using a cost-effective method. This innovative...
March 21, 2023
The government has allowed NTPC to invest in its subsidiary, NTPC Green Energy (NGEL), beyond the limit allowed for a ‘maharatna’ central public sector enterprise (CPSE). The extant guidelines prescribe a ceiling of 30% of a...
March 21, 2023
Get the most relevant India solar and clean energy news.
POPULAR POSTS
Maharashtra Approves Tariffs for 8.7 MW of Solar Power Under KUSUM Program
Mar 21, 2023
Brookfield to Aquire KKR’s 50% Stake in Renewable Developer X-Elio
Mar 21, 2023
NTPC’s Subsidiary Will Develop Renewable Projects for IndianOil Refineries
Mar 21, 2023
Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C
Mar 21, 2023
India Voices Concern over Europe’s Carbon Tariff Measure at WTO
Mar 21, 2023
JSW and Greenko Win Karnataka’s Bid for 1 GW of Pumped Storage Projects
Mar 21, 2023
Sterling and Wilson Bags BoS Package Tender for 1.2 GW Solar Projects
Mar 21, 2023