India’s Maharashtra state launches 1-GW solar tender

Welspun solar park in Madhya Pradesh. Source: Welspun Renewables

May 2 (Renewables Now) - The Maharashtra State Electricity Distribution Co Ltd (MSEDCL) is seeking companies willing to take part in the deployment of 1,000 MW of solar parks in the western Indian state.

The solar photovoltaic (PV) capacity will be installed across 218 talukas in 20 districts in Maharashtra. MSEDCL will await proposals by May 22, according to its website.

Each bidder can take part with projects of at least 2 MW and up to 10 MW per taluka and, if selected, will be responsible for the design, financing, land acquisition, engineering, procurement, construction, operation and maintenance of the solar farms. Securing grid connection will also be required by successful bidders, which will be awarded 25-year power purchase agreements (PPAs) with MSEDCL, consultancy Mercom Capital reports.

The power distribution company has set a ceiling tariff in the tender of INR 3.30 (USD 0.049/EUR 0.041) per kWh.

By launching the tender MSEDCL seeks to fulfill its solar Renewable Purchase Obligation (RPO) and meet future power requirements of Maharashtra. Last month, the discom retendered 1,000 MW of grid-connected solar projects and invited Expressions of Interest (EoI) for a 1,000-MW floating solar park in the state, Mercom reported at the time.

(INR 10 = USD 0.150/EUR 0.125)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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