The Maharashtra State Electricity Distribution Company (MSEDCL) floats two separate tenders to procure power from 800 MW of wind projects.
MSEDCL has issued requests for selection to procure 500 MW wind power from intrastate wind power projects and 300 MW wind power from grid-connected new inter-state and intrastate wind projects.
MSEDCL has floated the tenders to fulfill its non-solar renewable purchase obligation (RPOs) and meet its future power requirements.
The selection of projects will be carried out through e-bidding followed by an e-reverse auction process. The tariff payable for 500 MW will be fixed for 12 years. The ceiling tariff of Rs. 2.65 has been set. The last date for submission of bids is September 13, 2021.
The last date to submit the 300 MW wind power tender bids is September 20, 2021. Grid-connected inter-state and intrastate and new wind projects are eligible to participate in the tender.
For intrastate projects, wind power projects must have an individual size of 5 MW and above at one site with a minimum bid capacity of 25 MW.For inter-state projects, the wind power projects must have an individual size of 50 MW and above at one site with a minimum bid capacity of 50 MW.
The net worth of the bidder for the financial year ended on March 31, 2021, should not be less than Rs.1.2 crores per MW (of the capacity quoted in bid).
If a foreign company participates on a standalone basis and wins the bid, it will have to form an Indian company as its fully owned subsidiary company before signing the PPA.
Only certified wind turbine models listed in the ‘revised list of models and manufacturers’ (RLMM) will be allowed to repower wind turbine generators. The successful bidder must also comply with MERC regulations on forecasting, scheduling, and deviation settlement and are responsible for all liabilities related to connectivity.
Reference- Economic Times, Mercom India, Business Standard