The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has tendered 1 GW of grid-connected solar photovoltaic (PV) projects to be developed across the state.
This is a global tender and the projects will be developed on a ‘build own operate’ basis. The scope of work includes design, supply, construction, procurement, installation, testing, and commissioning of the project.
The minimum project size for a bidder is 5 MW and the maximum project size is 1,000 MW. The developers can choose to develop the projects at a single location or at multiple locations, depending on their convenience and land availability. No upper tariff ceiling has been set for this tender. Despite no upper tariff ceiling, UPNEDA is expecting the tariff to be around ₹3.50/kWh mark.
The UPNEDA has specified that the tender would strictly adhere to the Ministry of Power guidelines for competitive bidding.