Maharashtra Issues Tenders for 100 MW of Bagasse-Based Power with a Tariff Cap of Rs. 3.56/kW

Bidders are expected to have a minimum installed project capacity of 5 MW with a minimum exportable capacity of 3 MW. Consortiums are not allowed to bid, and multiple bids for the same project will make all submitted bids invalid, according to the RfS

January 02, 2020. By News Bureau

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The Maharashtra State Electricity Distribution Company Limited has allotted a tender for the procurement of 100 MW of power generated from bagasse-based co-generation projects.

Interested bidders are expected to submit an earnest money deposit of Rs. 100,000/MW. The last date for the submission of bids is January 17, 2020.

The tender has a ceiling tariff of Rs. 3.56/kWh, and 50% of the tariff will be treated as the variable cost.

Projects which are already supplying power to MSEDCL under existing energy purchase agreements, which have expired or are set to expire by March 31, 2021, can take part in this tender.

Non-compliance with this condition during any month will render the bidder ineligible for the tariff determined under this RfS. The sale of power during the defaulting month will be reduced by Rs. 0.50/kWh, the tender further adds.

Bidders are expected to have a minimum installed project capacity of 5 MW with a minimum exportable capacity of 3 MW. Consortiums are not allowed to bid, and multiple bids for the same project will make all submitted bids invalid, according to the RfS.

The Maharashtra Electricity Regulatory Commission issued an order directing the MSEDCL to purchase power from a 50 MW of bagasse-based co-generation project at rates discovered through competitive bidding after the expiry of their energy purchase agreements.

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