December 27 (Renewables Now) - The Indian state of Maharashtra is seeking to contract 1 GW of floating solar photovoltaic (PV) capacity in a tender capped at INR 3 (USD 0.043/EUR 0.038) per kWh.
The Maharashtra State Electricity Distribution Co Ltd has issued a request for selection (RfS) and is awaiting proposals by January 28, 2019, Mercom Capital reports. The technical bids will be opened a day later.
The grid-connected PV capacity will be installed on the Ujjani dam in the state’s Solapur district in 10 separate clusters of 100 MW each. Winning projects will be awarded 25-year power purchase agreements (PPAs) with MSEDCL, starting from the scheduled commercial operation date (SCOD) of the project.
The competitive process is open both to domestic and foreign companies. The tender was launched following an invitation for expressions of interest (EoIs) in April.
(INR 10 = USD 0.143/EUR 0.125)