The Maharashtra 1 GW tender in India attracts bids for 1.9 GW.


After the State distribution company raised the maximum tariff and extended the bid deadline, domestic developers Avaada Power and Adani led the way with each bid for half the available capacity.

A maximum rate increase and an extension of the deadline paid dividends to Maharashtra State Electricity Distribution Company Limited (MSEDCL), whose 1 GW solar tender amounted to nearly 100 percent over-subscription. Seven developers submitted bids for 1.9 GW of capacity, including 500 MW of Avaada Power and Adani pitches, 300 MW of ReNew Power and Acme bids, 150 MW of Tata pitch, 100 MW of Orange Renewables pitch and 50 MW of Aqua Pumps. The initial tariff ceiling of Rs2.80 ($0.039) per unit was raised to Rs2.90 and the original deadline of 3 January was extended to Tuesday for submission of the offer 19 days. 

According to the request for a service document from MSEDCL, the time for the commissioning of the project is within 13 months of the date of the PPA. However, any projects with a capacity of 250 MW or more will have an additional two months if they are developed outside a solar park. Successful bidders must submit documentary evidence that a central or state transmission utility or distribution company has secured a grid connection within seven months of the PPA 's signature. 

Maharashtra has 1,1 GW of solar projects installed and 350 MW of pipeline capacity. This year, it has set a target of 7.5 GW of solar energy capacity. Of 1,095 MW of solar rooftop capacity in India, according to data from the Ministry of New and Renewable Energy, Maharashtra is leading the way with 145,09 MW. 

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