Name: Provision for Develop 114 MW Solar Projects at Thermal Project Sites
Start: 2023-08-18
End: 2023-09-22
Location: REWA ULTRA MEGA SOLAR LIMITED

Organization Details:

Organization Name:

REWA ULTRA MEGA SOLAR LIMITED

Country:

India

Contact Person:

Address:

Urja Bhawan, Link Road No.2, Shivaji Nagar, Bhopal-462016 Attn:Chairperson Phone:+91-0755 2556526 Fa ,

Contact Details - Email:

Phone

Notice Details:

Notice Type

Tender Notice

Bidding Type

Other

Notice No.

70405115

Deadline

2023-09-22

Description

Rewa Ultra Mega Solar Limited (RUMSL) has floated a tender to develop 114 MW ground-mounted solar power projects at Madhya Pradesh Power Génération Company's (MPPGCL) thermal power project sites in three different districts.
The last date for the submission of bids is September 22, 2023. Bids will be opened on the same day.
The proposed solar power capacities for the three thermal power generating stations are as follows: Site A, known as the Sanjay Gandhi Thermal Power Station located in Birsinghpur, is set to hâve a solar project with a capacity of 31.6 MW.
Site B, the Amarkantak Thermal Power Station in Chachai, will hâve a solar project capacity of 38.6 MW. Lastly, Site C, the Shree Singaji Thermal Power Station in Khandwa, is proposed to hâve a solar power capacity of 43.8 MW.
Collectively, the cumulative capacity of these three sites is projected to be 114 MW.
Power procured by MPPGCL from the above projects has been provisioned to replace thermal power through the existing Power Purchase Agreement (PPA) of MPPGCL with the Madhya Pradesh Power Management Company. If the thermal generator is not able to replace thermal power, then the solar power may be sold in Exchange as per the provisions of the Flexibility Program.
MPPGCL will provide the land for the development of the project. Bidders must submit a bid security of 2800,000 (-$9,643) per MW of the quoted capacity.
The selected bidders chosen for the projects must provide a Performance Bank Guarantee (PBG) of 21.6 million (-$19,287) per MW of the allotted capacity to MPPGCL seven days before signing the PPA.
The bidders must hâve completed ground-mounted solar power projects in India, with a total combined capacity of at least 92 MW, either at one location or multiple locations, within the last seven years before the proposai due date. Additionally, there should be a single project with a minimum capacity of 44 MW at one location.
However, if the bidder has altered the proposed capacity, they must hâve accomplished ground-mounted solar power projects in India with a total capacity equal to 80% of the revised project capacity within the last seven years.
This capacity should be achieved at either one location or multiple locations, and there should still be a single project with a minimum capacity of 44 MW at one location.
Bidders must hâve a net worth of at least 28 million (-S96,427) per MW of the quoted project capacity.
Recently, NTPC Renewable Energy, SJVN Green Energy, and Hinduja Renewables Energy won RUMSL's auction to develop a 300 MW floating solar park (Phase II) at the Omkareshwar réservoir in Madhya Pradesh.
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