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Maharashtra State Electricity Distribution Company Invites Bids for 500 MW Wind-Solar Hybrid Projects

-Maharashtra State Electricity Distribution Company Limited (MSEDCL) announces bid for procurement from 500 MW wind-solar hybrid projects.

-The green shoe option allows for an additional capacity of up to 500 MW through a tariff-based bidding process.

-Bid document available on MSEDCL portal; pre-bid meeting scheduled for March 20, 2024, with bid submission deadline on April 4, 2024.

-Processing fee of Rs. 15 Lakhs plus applicable GST required for each bid, along with earnest money deposit of 11 lakh/MW in the form of a Bank Guarantee.

-Earlier, MSEDCL approved the procurement of 7783 MW on a long-term basis from solar generators, with additional power of up to 2000 MW allowed under subsequent rounds of bidding.

Originally published on Saur Energy

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