UPEIDA Invites Bids for Developing Solar Park on Bundelkhand Expressway
U.P. Expressways Industrial Development Authority (UPEIDA) has issued a tender for developing a 450-500 MW solar park on Bundelkhand expressway on build-own-operate (BOO) model.
October 10, 2024. By Mrinmoy Dey
The estimated plant capacity would 450-500 MW and minimum bidding capacity is set at 50 MW. Length of the expressway is 296.07 Km. Total land available is 1700 Ha and land for solar PV would be 15-20 m on both sides of carriage-way, slope areas and loop areas of major junctions.
The project must be completed in 24 months.
Bidders need to deposit INR 11,800 as a tender fee. Additionally, they also need to deposit INR 5 lakh/MW as earnest money deposit (EMD). The selected bidder also needs to deposit performance security of INR 15 lakh/MW.
Bid submission starts on October 30, 2024 and ends on November 15, 2024. Clarifications can be sought till October 23, 2024. Bids will be opened on November 18, 2024.
The scope of work includes designing, engineering, financing, and commissioning of the project using MNRE-approved technologies. The developer must obtain regulatory approvals, prepare the site, procure materials, and develop infrastructure for power evacuation.
It also involves setting up SCADA and weather monitoring systems, ensuring grid synchronisation, and entering into long-term PPAs for power sales. The developer is responsible for operating and maintaining the project throughout the agreement period, complying with safety regulations, and meeting all legal requirements from government authorities.
The bidder shall deploy only commercially established and operational technologies to minimize the technology risk and to achieve timely commissioning of the Project.
The bidder must have a Net worth equal to or greater than INR 1 crore/MW or equivalent USD immediately preceding the bid due date. The bidder also must have a minimum average annual turnover (AAT) of INR 1.5 crore/MW, within the last three financial years.
please contact: contact@energetica-india.net.
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