250 MW Solar PV Capacity Tendered By MAHAGENCO

• MAHAGENCO has launched a new tender for 250 MW grid connected solar PV capacity
• It will be developed on BOO basis in Dondaicha Solar Park and awarded in 3 blocks of 75 MW, 125 MW and 50 MW capacity
• Tariffs have been capped at INR 2.83 per kWh with MAHAGENCO signing PPAs with the winners
• Last date to submit bids online is February 15, 2021

The Maharashtra State Power Generation Co., Ltd. (MAHAGENCO) has launched a new tender to set up 250 MW solar PV capacity at Dondaicha Solar Park in Dhule district of Maharashtra. It has issued a request for proposal (RFP) for the selection of solar power developers (SPD).

Clean energy generated by the capacity will be procured by MAHAGENCO under a 25-year power purchase agreement (PPA). It will sell this power to state discom Maharashtra State Electricity Distribution Co., Limited. (MSEDCL). Tariffs under the tender are capped at INR 2.83 ($0.039) per kWh.

The grid connected capacity needs to be deployed on build-own-operate (BOO) basis and awarded in the form of 3 blocks namely Block I with 75 MW capacity, Block II with 125 MW capacity and Block III with 50 MW. The entire capacity needs to come online within 15 months from the effective date of the power purchase agreement (PPA).

Last date to submit bids online is February 15, 2021 and offline the date is February 16, 2021. Detailed RFP document is available on MAHAGENCO's website.

Back in May 2019, the Solar Energy Corporation of India (SECI) auctioned 250 MW PV capacity for Dondaicha Solar Park (Phase I) with Talettutayi Solar Projects Three Private Limited, part of ThomasLloyd backed Solar Arise, quoting the lowest tariff of INR 2.87 per kWh to claim 50 MW capacity (see SECI Auctions 250 MW For Dondaicha Solar Park).

In December 2020, the State Government of Maharashtra approved a target of over 17 GW of alternative energy capacity to be achieved by March 31, 2025 with more than 12 GW of solar energy aimed (see Maharashtra Adopts Over 17 GW RE Target Through 2025).