APGCL has fixed the upper ceiling for quoted tariff at Rs 3.50/kWh
The Assam Power Generation Corporation Limited (APGCL) has issued a tender inviting Request for Proposal (RFP) from interested power producing companies/solar developers for the allotment of 70 MW of Grid-Connected ground-mounted solar photovoltaic projects to be implemented in Amguri Solar Park in the state of Assam.
The scope of work for the winning bidders will include the development and commissioning of the 70 MW project in Amguri Solar Park in Assam on Build-Own-Operate (BOO) basis only for the procurement of solar power by APDCL for a period of 25 years.
The last date for the submission of bids is February 6, 2019. The technical bids will open on February 8, 2019, and the price bids will open on February 18, 2019.
To be eligible to bid, the net worth of the bidder should not be less than Rs 61 lakh per MW in the preceding financial year, and the bidder will also be required to submit an Earnest Money Deposit (EMD) of Rs 6 lakh per MW.
APGCL has fixed the upper ceiling for quoted tariff at Rs 3.50/kWh. The maximum period for commissioning of the project is 12 months and the bidders will be free to avail fiscal incentives like accelerated depreciation, concessional customs and excise duties, tax holidays, benefits from trading of carbon credits, as available for such projects.
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