Green Energy

MPUVNL continues rooftop solar drive. Issues Tender for 8.5 MW Projects

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a tender worth 8.6 MW of grid-connected rooftop solar projects under RESCO II model at more than 13 locations across Madhya Pradesh. The 13 locations have been pre-selected by the state department of which 11 are medical colleges. Any institutional sector in Madhya Pradesh is entitled for a state government subsidy of 25 percent.

The scope of work for all winning bidders will include the complete design, engineering, supply, installation, testing, commissioning, and additionally be incharge of successful operation and maintenance of the projects for a period of 25 years. Installers will recover the cost of investment through monthly payment from the end user over the lifecycle of the project set at 25 years.

The state department have also hinted that more locations may very well be added to the list before the bid submission deadline September 28th, 2018. MPUVNL conducted the pre-bid meeting yesterday, various measures undertaken to encourage developers were highlighted.

Read: MPUVNL Issues Clarification on safeguard Duty on Rooftop Solar Tenders

In a bid to reduce entry barrier, no technical criteria have been included for eligibility. However, every bidding company must have a net worth of ₹1 Crore/MW to participate in the tender. Moreover, no operational performance guarantees are sought from the developers. The Indian Renewable Energy Development Agency Limited (IREDA) will also provide concessional loans for the project, another effort to encourage participation by the MPUVNL.

Recently, we reported Azure Power, had won 11.2 MW rooftop solar power projects in bids conducted by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL).

The recently concluded auction held by MPUVNL for the development of 35 MW of grid-connected rooftop solar under RESCO model received a lowest tariff (L1) of ₹1.58/kWh, crushing the previous lowest by more than a rupee.

Ayush Verma

Ayush is a correspondent at iamrenew.com and writes on renewable energy and sustainability. As an engineering graduate trying to find his niche in the energy journalism segment, he also works as a staff writer for saurenergy.com.

Recent Posts

BASF, Shenergy Group join forces for biomethane commercialisation

Global chemicals and bioenergy major BASF has announced to have signed an MoU with China’s…

16 hours ago

Rajputana Biodiesel set for inaugural IPO on November 26

Rajputana Biodiesel is set to debut in the capital market on November 26 as the…

20 hours ago

SECI, H2Global Stiftung collaborate to promote Green Hydrogen initiatives

The Solar Energy Corporation of India Ltd (SECI) has signed an MoU with H2Global Stiftung…

21 hours ago

Pilibhit’s Kisan Co-op Sugar Mill to begin ethanol production

Uttar Pradesh is making strides in the bioenergy and taking the decarbonisation quest of the…

22 hours ago

Deepak Agrawal is new Managing Director of GPS Renewables’ project development firm ARYA

Bengaluru-headquartered biogas EPC firm GPS Renewables has announced that it has appointed Deepak Agarwal as…

22 hours ago

Seawater-to-green hydrogen: NTPC to set up unique project near Vishakhapatnam

In a key development to further the green hydrogen movement in the country, NETRA, the…

3 days ago