MAHAGENCO Floats EPC Tender for 569 MW of Solar Power Projects

The last day to submit the bids is May 5, 2024


The Maharashtra State Power Generation Company (MAHAGENCO) has invited bids for the design, engineering, supply (except module), module unloading, erection, testing, and commissioning of 569 MW of grid-connected solar power projects.

The projects will be set up under the second phase of Mukhyamantri Saur Krushi Vahini Yojana (MSKVY 2.0) to solarize agriculture feeders in various districts of Maharashtra.

The bidders must also oversee the project’s operation and maintenance (O&M) on an engineering, procurement, and construction (EPC) basis for three years.

The last day to submit the bids is May 5, 2024. Bids will be opened on May 10.

Bidder must pay a tender fee of ₹29,500 (~$356) and earnest money deposit of ₹200,000 (~$2,413)/ MW.

Bidders can bid for at least one location or a maximum of eight locations from the 33/11 kV Maharashtra State Electricity Distribution Company substations list.

The ceiling limit for each project site is set at ₹20 million (~$241,380)/ MW. The first-year O&M cost limit is ₹400,000 (~$4,827)/ MW per project site.

Bidders should have experience in EPC execution of ground-mounted solar projects on turnkey for a cumulative capacity of not less than 40% of quoted capacity or higher capacity, out of which at least one project must have 2 MW or higher capacity at a single location.

However, the reference project capacity must have been in satisfactory operation for at least three months before the bid submission deadline.

The average annual turnover of the bidder should be at least ₹10 million(~$120,680)/ MW during the last three financial years. The bidder’s net worth as of the last day of the previous financial year must be positive.

Recently, MAHAGENCO issued a tender inviting bids for the manufacture and supply of 750 MWp of solar modules for projects being developed under MSKVY 2.0 across the state.

Earlier, MAHAGENCO invited bids for the procurement of power on a long-term basis through a competitive bidding process from 5,000 MW grid-connected solar photovoltaic power projects.

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