January 9 (Renewables Now) - The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is initiating a tender for 1 GW of grid-connected solar projects, consultancy Mercom Capital said on Monday.
Bids will be accepted by February 6.
The tender is for the design, supply, construction, procurement, installation, testing and commissioning of photovoltaic (PV) power capacity in Uttar Pradesh. The projects will be developed on a build-own-operate (BOO) basis, with the winners having the option to develop the schemes either at a single location or several sites, depending on land availability.
An UPNEDA official has told Mercom that the winning bids are expected at around INR 3.50 (USD 0.055/EUR 0.046) per kWh. Power from the proposed plants will be supplied exclusively to Uttar Pradesh.
UPNEDA’s tender comes a few days after the Solar Energy Corporation of India (SECI) launched two tenders for a total of 950 MW of PV capacity in the states of Karnataka and Andhra Pradesh.
(INR 10 = USD 0.157/EUR 0.132)