In a significant move towards bolstering India’s renewable energy landscape, the Uttar Pradesh Power Corporation Limited (UPPCL) has launched a tender for the development of 2000 MW grid-connected Solar PV Power Projects. Under the Tariff-based Competitive Bidding framework, UPPCL seeks to engage proficient Solar Power Developers to spearhead these projects, marking a pivotal step towards sustainable energy transition.
Key Details:
- Project Scope: Grid-connected Solar PV Power projects across India
- Contract Model: Build Own Operate & Maintenance (BOOM)
- Tenure: 25-year Power Purchase Agreement (PPA) with UPPCL
- Document Access: RfS and PPA documents available for download from the ISN-ETS portal
Financial Obligations:
- Document Fee: INR 29,500/- (Indian Rupees Twenty-Nine Thousand Five Hundred Only) including GST
- Bid Processing Fee: Varies based on project capacity
- Rs. 5 Lakh +18% GST for projects from 50 MW up to 90 MW
- Rs. 15 Lakh + 18% GST for projects of 100 MW and above
- Earnest Money Deposit (EMD): INR 9,00,000/- (Indian Rupees Nine Lakhs only) per MW per Project in the form of Bank Guarantee
Important Dates:
- Pre-Bid Meeting: February 26, 2024, at 11:00 AM
- Bid Submission Deadline: March 18, 2024, at 05:00 PM
This tender not only underscores UPPCL’s dedication to advancing India’s solar energy capacity but also presents a lucrative opportunity for solar developers to contribute towards the nation’s sustainable energy goals. With the deadline approaching, stakeholders are encouraged to actively participate in this transformative initiative, shaping the future of renewable energy in India.
For further details and participation guidelines, interested parties are encouraged to refer to the official tender document available through the Uttar Pradesh Power Corporation website.
