November 29, 2022

The Rewa Extremely Mega Photo voltaic Restricted’s (RUMSL) tender for 750 MW of grid-connected wind-solar hybrid tasks in Madhya Pradesh has been oversubscribed by 530 MW, in response to Mercom sources.

That is the primary wind-solar hybrid tender issued by RUMSL. Earlier RUMSL has issued tenders for photo voltaic and floating photo voltaic tasks.

RUMSL is a three way partnership between the Photo voltaic Power Company of India and Madhya Pradesh Urja Vikas Nigam.

Bidders shortlisted for the tender embrace Tata Energy Renewable Power, Avaada Power, Juniper Inexperienced Power, ReNew Photo voltaic Energy, Sprng Ojas Energy, SJVN Inexperienced Power, and TEQ Inexperienced Energy IX (O2 Energy).

The public sale will probably be held on September 13, 2022. The Madhya Pradesh Energy Administration Firm will procure energy from the tasks.

The assured offtake of energy from the tasks has been the first purpose for the enthusiastic response to the tender. Additionally, RUMSL is thought to award tasks quickly after auctions enabling quicker undertaking improvement exercise. In 2021, RUMSL auctioned 1,500 MW of photo voltaic tasks in three separate tranches between July and August and the letter of award for the tasks had been issued by September. That is another excuse that has not solely attracted a large response to the public sale but additionally resulted in aggressive tariffs.

The tender for the 750 MW wind-solar hybrid undertaking was floated in April this yr.

The tasks are to be designed to ship power at Madhya Pradesh Energy Transmission Firm’s (MPPTCL) substation. The bidders will probably be chargeable for procuring grid connectivity with MPPTCL. Bidders should additionally prepare for the evacuation and injection of surplus energy into the grid on the interconnection factors agreed upon with DISCOMs. The profitable bidder has to bear the price of the devoted line, together with the price of development, upkeep, and losses from the undertaking as much as the supply level.

In Could this yr, Amp Power, NHDC, and SJVN had been declared winners in RUMSL’s public sale for the 600 MW floating photo voltaic park on the Omkareshwar reservoir in Madhya Pradesh.

RUMSL has additionally issued a request for proposal to pick out consultants for transaction advisory companies for a 950 MW ground-mounted photo voltaic photovoltaic park with battery power storage answer in Chhatarpur district, Madhya Pradesh.

Subscribe to Mercom’s India Photo voltaic Tender Tracker to remain on high of tender exercise in real-time.

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