Maharashtra Invites Bids for a 62 MW Solar Project

The last date to submit the bids online is June 1, 2023

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Maharashtra State Power Generation Company (MAHAGENCO) has invited bids for installing and commissioning a 62 MW grid-connected solar power project with the associated HT (high-tension) overhead transmission line, underground cable, and electrical equipment in the Akola district of Maharashtra.

The successful bidder will also have to construct bays up to the point of interconnection at 220 kV bays at the Paras substation and operate and maintain the project for five years.

The last date to submit the bids online is June 1, 2023. Bids will be opened the following day.

Bidders will have to submit ₹6.2 million (~$75,744) as an earnest money deposit. The successful bidder must furnish an amount equivalent to 10% of the contract value as a performance bank guarantee within seven days from the date of the issuance of the letter of award.

Bidders should have executed ground-mounted solar power projects having a cumulative installed capacity of 25 MW or higher, out of which a single solar project of 12 MW or higher capacity should have been operational for at least six months before the bid opening date.

They should have operation and maintenance experience of a solar project with the same technology as offered in the bid for a minimum capacity of 12 MW for at least six months prior to the bid opening date.

Alternatively, bidders should have executed in the last ten years an industrial project either as a developer or an engineering, procurement, and construction contractor in the area of power, steel, oil, gas, petrochemical, cement, coal mining, or any other process industry, with 220 kV power line connectivity for a value of at least ₹1.25 billion (~$15.27 million) or more in a single project.

The net worth of bidders as of the last day of the previous financial year should be positive.

The average annual turnover of bidders during the last three financial years should be at least ₹2.35 billion (~$28.71 million). If a consortium submits the bid, the turnover requirement is to be met by the lead member of the consortium.

According to tender documents, solar modules to be used in grid-connected solar power projects must be warranted for output wattage, which should not be less than 90% at the end of 12 years and 80% at the end of 25 years.

The manufacturing date of all modules to be used in the project should not be more than 12 months prior to the date of transfer of ownership to MAHAGENCO.

Earlier, MAHAGENCO had invited bids for the design, engineering, manufacture, supply, erection, and commissioning of a 25 MW grid-connected solar power project with associated 33 kV evacuation lines in the Dhule district of Maharashtra.

According to Mercom’s India Solar Tender Tracker, MAHAGENCO has so far floated tenders for about 4.65 GW of solar power projects.

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