Project News Detail

Project No :200083
Project Title :Development Of 31.02 MW Grid-Connected Solar Projects In Rajasthan.
Company Name : Jodhpur Vidyut Vitaran Nigam Limited
Project Detail :A tender for the development of 31.02 MW grid-connected solar projects has been issued by the Jodhpur Vidyut Vitran Nigam (JVVNL) as part of Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) initiative for the solarization of feeders

The project will be developed following the RESCO model and will cost around Rs. 35 million/MW

The deadline for submission of proposals is February 20, 2023, and the day of the bid revealing is February 22

JVVNL hopes to establish 13 solar projects, each with a different capacity, over 50 (11 kV) feeders under the tender. Within 9 months of the power purchase agreement’s (PPA) execution, the projects must be completed

Bidders must provide Rs. 700,000/MW as an earnest money deposit. Additionally, winning bidders will have to provide a performance bank guarantee (PBG) in the amount of Rs. 500,000/MW

Within a week of the PBG’s submission, the winning bidder and Rajasthan Urja Vikas Nigam would sign a 25-year PPA at the acceptable tariff set by the Rajasthan Electricity Regulatory Commission

developers will be responsible for 25 years of project operation and maintenance (O&M) as well as providing a remote monitoring system

The distribution point for projects up to 2.55 MW must be an 11 kV substation, and for projects beyond 2.55 MW, it must be a 33 kV substation

The chosen bidder is required to guarantee a capacity utilization factor (CUF) of at least 17%

The most recent Approved List of Models and Manufacturers must be used by the solar power generator for models and manufacturers

A minimum yearly average turnover for individuals or businesses bidding for the tender should have been Rs. 10 million in the last 3 fiscal years

An undertaking verifying ownership of assets worth at least 20%, or Rs. 7 million of the entire cost of the quoted capacity by the bidder, must be presented by farmers, landowners, and anybody with/without the requisite land for the project

to build up the indicated capacity, an additional undertaking is required, necessitating access to sufficient financial connections with banks and lending institutions

Project Location : Jodhpur - Rajasthan - India
Project Industry :Non Conventional Energy
Project Estimation :Refer Document
Status :Announced