Maldives govt welcomes bids for 20-MWp solar tender
- The Maldives federal government last week released an Invitation for Bids in connection with a tender for the building and construction and also operation of grid-connected solar power systems in the South Asian archipelagic state with a targeted capacity of 20 MWp in total.
The project imagines the setup of solar photovoltaic or pv (PV) systems in 20 occupied outer islands under the Public-Private Partnership (PPP) model.
Interested celebrations have the ability to register with the Maldives finance ministry as of Sunday as well as up till August 10, 2023. A pre-bid conference is to be held online on June 1, while the actual bidding is scheduled to end on August 14, 2023.
According to Sheharyar Chughtai, Public-Private Partnership Specialist at the Asian Development Bank (ADB) which serves as the deal expert to the federal government of the Maldives, this is the globe's initial multi-site land, rooftop and also seawater floating solar IPP project.
A previous announcement pointed out that the project will be sustained by a 15-year power purchase agreement (PPA) with state-owned utility Fenaka Corporation Ltd
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