MSEDCL Issues RFS For 1 GW Solar

Maharashtra’s MSEDCL Launches 1 GW Grid Connected Solar Power Tender Under Phase-III Capping Financial Bids At INR 2.80 ($0.040)/kWh
02:46 AM (Beijing Time) - 07. June 2019
mumbai sea

In the Phase-II of the grid connected solar power auction organized by MSEDCL, the Indian DSO received INR 2.74 ($0.038) per kWh as the lowest winning bid with a cap of INR 2.90 ($0.041) per kWh. Now, MSEDCL has capped tariffs for the Phase-III tender at INR 2.80 ($0.040) per kWh. Pictured is the view of the downtown as seen from Mumbai’s Marine Drive in Maharashtra. (Photo Credit: www.goodfreephotos.com)

Key Takeaways

  • MSEDCL has launched a tender for 1 GW of grid connected solar power capacity to be procured under Phase-III
  • Bids have been capped at INR 2.80 ($0.040) per kWh with July 9, 2019 as the last date for submission
  • Minimum project capacity for interstate projects is 50 MW at a single location, and 5 MW for projects outside solar parks for intrastate projects
  • MSEDCL will sign 25-year power purchase agreements with the winning developers

The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a tender seeking procurement of 1 GW of grid connected solar power capacity under India’s National Solar Mission Phase-III. The request for selection documents cap financial bids at INR 2.80 ($0.040) per kWh.

Existing solar projects under construction or commissioned with no long-term PPA or new projects to be developed will be considered under the scope of the tender. Minimum project capacity will be 5 MW at a single location for projects outside solar parks for intra-state projects, while for inter-state projects the minimum project capacity is 50 MW at a single location.

MSEDCL has launched the tender to fulfil its renewable power purchase obligation (RPO) and to meet further power requirements. Power generated will be procured by MSEDCL under a 25-year power purchase agreement it will sign with the winners.

Cells and modules to be used will need to be sourced from the models and manufacturers included in the Approved Models and Manufacturers (ALMM) list of solar PV modules available on the website of India’s Ministry of New and Renewable Energy (MNRE). Such ALMM listed products are to be used for government owned/assisted projects as part of government schemes and programs installed in India. List-I specifies PV modules’ models and manufacturers while List-II lays down those of solar cells. These lists will be effective from March 31, 2020.

Last date to submit bids is July 9, 2019. Detailed tender terms and conditions are available on the website of MSEDCL.

MSEDCL received the lowest tariff of INR 2.74 ($0.038) per kWh in the 1 GW tender under Phase-II in February 2019 against the ceiling of INR 2.90 ($0.041) per kWh. The tender was oversubscribed by 900 MW (see INR 2.74/kWh Lowest Bid In MSEDCL Auction).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani