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					</table><p>Mahasamruddhi Renewable Energy, a special-purpose vehicle of <a href="https://msrdc.in/1307/Home" target="_blank" rel="noopener">Maharashtra State Road Development Corporation</a>, has invited bids to commission a 4 MW solar project in Buldhana, Maharashtra.</p>
<p>The project will be developed at the 284-km chainage along the Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg.</p>
<p>The project should be completed within nine months of receiving the work order. The developer should oversee the project&#8217;s operation and maintenance for seven years.</p>
<p>The project&#8217;s estimated cost of ₹184.8 million (~$2.2 million).</p>
<p>The last day to submit the bids is July 5, 2023. The bids will be opened on the next day.</p>
<p>Bidders should submit an earnest money deposit of ₹1.85 million (~$22,411). The successful bidder must furnish an amount equivalent to 5% of the total contract amount as a performance bank guarantee.</p>
<p>Bidders should have commissioned or overseen the commissioning of solar projects of cumulative installed capacity of not less than 2 MW or higher, out of which at least one project should be 1 MW or higher capacity. The reference project should have successfully operated for at least six months before the bid due date.</p>
<p>They should have executed at least an electrical substation of 11/22 kV or above voltage level, consisting of equipment such as 11/22 kV or above voltage level circuit breakers and power transformer, either as a developer or as EPC contractor, which should be in successful operation for at least one year before the date of bid due date.</p>
<p>Bidders should have an average annual turnover of at least ₹90 million (~$1.1 million) for the three financial years. Their net worth as of the last day of the preceding year should not be less than ₹45 million (~$545,153).</p>
<p>The contractor is responsible for land development as per the project requirements and the installation of transmission lines to connect the solar power project to the 33/11 kV MSEDCL Khandela substation, located approximately 4.5 km from the project.</p>
<p>The declared annual capacity utilization factor should not be less than 20%.</p>
<p>The solar modules used should be Mono PERC technology and must be listed in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.</p>
<p>Modules must be warranted for ten years, and the output peak watt capacity should be at least 90% at the end of 10 years and 80% at the end of 25 years.</p>
<p>Recently, Maharashtra State Electricity Distribution Company <a href="https://www.mercomindia.com/msedcl-invites-615-mw-across-maharashtra" target="_blank" rel="noopener">issued</a> multiple tenders to develop solar projects of 615 MW in aggregate capacity split into four different regions of the state.</p>
<p>Subscribe to Mercom&#8217;s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of the real-time tender activity.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/arjun-joshi/" class="vcard author" rel="author"><span class="fn">Arjun Joshi</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/Arjun-Joshi-1.png" width="50" /></p>
<p><strong style="text-decoration: underline">Arjun Joshi,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/arjun-joshi/" target="_blank" rel="noopener">More articles from Arjun Joshi.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/Arjun-Joshi-1.png" width="86" height="102" /><a href="https://mercomindia.com/author/arjun-joshi/" target="_blank" rel="noopener"><strong style="color: #00b451">Arjun Joshi</strong> </a>is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology, and Optional English from Garden City University, Bangalore. <a href="https://mercomindia.com/author/arjun-joshi" target="_blank" rel="noopener">More articles from Arjun Joshi.</a></p>
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Maharashtra Issues Tender to Develop 4 MW Solar Project

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