Odisha Announces 10 MW Solar Tender for Konark Town

• The Odisha Renewable Energy Development Agency (OREDA) has invited bids for a 10 MW solar power project. The project will certainly be located in the Junagarh block of Kalahandi district.

The energy created by the project will be made up the usage of Konark community. Odisha's division of energy would give the land for the project.

OREDA has set the ceiling tariff of 2.77 (~$0.037)/ kWh for the tender. This project will be established with a maximum acceptable viability space funding (VGF) of 10 million (~$136,404)/ MW completing 100 million (~$1.36 million) for 10 MW.

The last day to submit the quotes online is November 10, 2020, as well as the pre-bid meeting will certainly occur on October 20, 2020.

Interested prospective buyers will have to submit an amount of 1 million (~$13,640)/ MW as the quote safety amount.

The project will decrease the carbon impact for 20,000 heaps per annum for 25 years.

The project will certainly be established under the high-visibility solar applications program of the Ministry of New as well as Renewable Energy (MNRE) under which the projects are to developed on a build-own-operate (BOO) basis.

According to the record, the designer will certainly have to produce a minimum of 14.9 million units/year and a maximum power of 18.3 MU/year, computed at a capability use factor of nearly 19% that will certainly be purchased by GRIDCO.

To join the competitive bidding procedure, the prospective buyer needs to have experience of commissioning ground-mounted solar projects of a cumulative ability of 10 MW in the last 3 years.

Relating to the economic criteria, the prospective buyer should have an ordinary annual turn over of 5 million (~$68,202)/ MW from solar company in the last 3 years. The prospective buyer's net worth should not be less than 10.7 million (145,952)/ MW in the previous fiscal year.

According to Mercom's India Solar Tender Tracker, Odisha has actually up until now provided tenders for 1.12 GW of ground-mounted large-scale solar projects.

The project will certainly be created under the high-visibility solar applications program of the Ministry of New and Renewable Energy (MNRE) under which the projects would certainly be established on a build-own-operate basis.

Previously in May, the central federal government had launched a program for the solarization of the Konark Sun Temple and also the bordering Konark community. According to MNRE, under the program, the federal government prepares to establish a 10 MW grid-connected solar project and also various solar off-grid applications such as solar trees, solar drinking water kiosks, and also off-grid solar power projects with battery storage space.

In August this year, OREDA welcomed expressions of interest for solar trees, solar road illumination systems, solar alcohol consumption water booths, electrical rickshaws, and their charging framework for the Konark Notified Area Committee.

According to Mercom's India Solar Project Tracker, Odisha has thus far mounted about 93 MW of large-scale solar projects while ~ 53W of projects are currently in the pipe.