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Karnataka Renewable Energy Development (KREDL) has issued an invitation for bids for the building and commissioning of grid-connected distributed solar power systems. The tender is issued under the Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program for the solarization of agricultural feeders covering 75,000 individual pump sets.
The government had set a goal to solarize 1.5 million grid-connected agriculture pumps with individual capacities of up to 7.5 HP by 2022 under Component C of the KUSUM initiative.
The deadline for proposal submissions is February 7, 2023, and the day of the bid opening is February 9.
Bidders must make an earnest money deposit of Rs. 100,000/MW. Additionally, as a performance bank guarantee, the chosen bidder must provide a sum equal to Rs. 100,000/MW.
The project will be created using the renewable energy service company (RESCO) model, in regions governed by the Chamundeshwari Electricity Supply Corporation and the Hubli Electricity Supply Company.
The winning bidder will also be required to build the related 11 kV line connecting the projects to the relevant substations and will be responsible for project operation and maintenance (O&M) for a 25-year period.
The solar power developer will conduct any evacuation evaluation studies pertaining to the project’s link to the relevant grid substation.
The project must be completed by the anticipated commercial operation date within nine months of the day the power purchase agreement (PPA) was signed.
After the PPA signing, the developer is also to get competitive authorities’ permission to evacuate power.
KREDL has also declared that using solar modules made in-country would be required, which are listed under the Approved List of Models and Manufacturers (ALMM) released by the Ministry of New and Renewable Energy (MNRE).
According to the tender documents, the minimum generation for the first 10 years of the power project’s claimed capacity utilization factor (CUF) must not be less than 15%, and after 10 years, it must not be less than 20%.
Only commercially established technologies should be proposed, and bidders must have at least one project with a minimum capacity of 1 MW based on the technology being effectively operational for at least a year.
Additionally, bidders must have a positive net worth of at least Rs. 10.5 million/MW as of the final day of the prior fiscal year.
Any bidder from a nation that borders India will only be qualified to participate in this procurement provided they have registered with the appropriate authority.