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Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL)

The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years.

solar plant

The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept  the bids till January 3, 2018. Earlier in August 2017 the same tender has been withdrawn after being tendered in July 2017 which was the tender for engineering procurement and construction (EPC) tender develop a 200 MW solar plant.

Being an EPC the scope of work includes design, engineering, procurement, supply, construction, erection, testing and commissioning of the huge 200 MW solar projects of 50MW each divided in four different blocks.

The KREDL will sign  power purchase agreements (PPAs) with distribution companies (DISCOMs) for a period of 25-years in Karnataka . The type of bidding will be International Competitive Bidding (ICB)

The company winning the tender will be liable to develop associated transmission system for connection to grid and provide operation and maintenance (O&M) services for a period of 10-years. Notably, a single bid will be eligible to develop the whole project as well. Earlier, a KREDL official quoted the time be the best to invite tender as the agency is expecting the projects to be on grid by 2019.

Source: kredlinfo.in

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