RUMSL Tenders Feasibility Study for Floating Solar Projects in Madhya Pradesh

The last date to submit the bids is May 4, 2022


Rewa Ultra Mega Solar Limited (RUMSL) has issued a request for proposal (RfP) for consultancy firms to prepare a feasibility study report of three reservoirs in Madhya Pradesh for developing floating solar projects.

The proposed study will help RUMSL evaluate the feasibility of developing floating solar projects at any three dams or reservoirs in the state. The duration of the contract is eight months from the date of the letter of award.

The project’s estimated cost is ₹8 million (~$105,896).

The last date to submit the bid is May 4, 2022. The bids will be opened on May 5.

RUMSL has issued the tender in line with the Energy and Resources Institute (TERI) report, which estimates an 8.8 GW of floating solar potential in 20 sites across Madhya Pradesh under a conservative scenario. The successful bidder must shortlist three reservoirs based on this analysis and submit a detailed feasibility report.

The scope of work includes collecting historical and relevant data, hydrographic survey, geotechnical investigation, geophysical survey, topographical survey, and commercial feasibility analysis of the shortlisted sites.

The consultant must conduct the study to the maximum potential available in the dam to develop a floating solar project or 500 MW, whichever is lower. The proposed project site will be assessed considering the project’s useful life of 25 years.

Bidders do not have to submit any earnest money deposit. The bidders will be selected as per the quality and cost-based selection process.

The bidders must have experience assisting in pre-feasibility studies or detailed project report studies of floating solar projects in a transaction advisory or similar assignment of the utility-scale floating solar project of at least 50 MW anywhere in the world in the past ten years. They must also have experience assisting in similar studies of utility-scale renewable projects of at least 50 MW, including solar and solar with storage, anywhere in India in the last ten years.

The minimum annual turnover of the bidders must be ₹100 million (~$1.32 million) during any two years of the last three financial years, i.e., FY 2017-18, FY 2018-19, and 2019-20.

Last November, RUMSL had invited bids to develop a 600 MW floating solar park at the Omkareshwar reservoir in Madhya Pradesh.

As per Mercom’s India Solar Tender Tracker, RUMSL has issued consultancy tenders for about 3.15 GW of solar power projects in Madhya Pradesh.