Maharashtra Discom Seeking 500 MW Solar Power

INR 2.80/kWh Ceiling Tariff For MSEDCL’s Tender Seeking 500 MW Grid Connected Solar PV Capacity; September 17, 2019 Last Date To Submit Bids
07:50 PM (Beijing Time) - 26. August 2019
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MSEDCL aims to procure up to 500 MW grid connected solar power to meet its renewable power purchase obligation and will source this power from projects located within and outside the Indian state of Maharashtra. Pictured is the scenic beauty of the state between Lonavala & Khandala during monsoons. (Photo Credit: District Administration Pune)

Key Takeaways

  • MSEDCL is looking to procure up to 500 MW of grid connected solar PV capacity (Phase-III) on long term basis
  • It has issued RFS documents for the same with INR 2.80 per kWh as the benchmark tariff
  • The discom will sign 25-year PPA with the winners in order to meet its RPPO

The Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has a issued request for selection (RFS) documents to procure power from 500 MW grid connected solar PV capacity (Phase-III) on a long-term basis under a reverse auction to meet its renewable power purchase obligation (RPPO) and meet future power requirements.

According to the RFS, the tariff payable to the winning project cannot exceed INR 2.80 ($0.039) per kWh.

Minimum project capacity for intrastate projects will be 5 MW at a single location, with minimum bid capacity of 5 MW for projects outside the solar park. For interstate projects, the smallest project capacity and lowest bid capacity will be 50 MW at a single location.

Cells and modules to be used for the projects need to be sourced from models and manufacturers included in the Approved List of Models and Manufacturers (ALMM) of the Ministry of New and Renewable Energy (MNRE).

MSEDCL will enter into a 25-year power purchase agreement (PPA) with the winners.

Last date to submit bids is September 17, 2019. Details of the tender will be available on MSEDCL website.

This tender follows another 1 GW PV tender in June 2019 under India’s National Solar Mission Phase-III for which the ceiling tariff was also fixed at INR 2.80 per kWh (see MSEDCL Issues RFS For 1 GW Solar).

Recently, Adani Renewable Energy announced commissioning of a 100 MW PV project for MSEDCL in Rajasthan with INR 2.71 ($0.038) per kWh as the benchmark tariff (see Adani Commissions 100 MW Solar Project In Rajasthan).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani