Tender Issued for 25 MW Canal Top Solar Plants in Karnataka

• SSCL has tendered for setting up 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on DBFOT Basis.

Shivamogga Smart City (SSCL) has actually provided a tender, inviting proposals from qualified companies for establishing of 25 MW solar PV nuclear power plant on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on a Design, Build, Finance, Operate and also Transfer (DBFOT) Basis.

SSCL in addition to Karnataka Niravari Nigama Limited (KNNL) means to use the irrigation canal networks passing through the city for execution of the solar power plants. In this regard, it has made a decision to develop a 25 MW solar system on the canal top of Upper Tunga Canal with a Public-Private Partnership as well as supply solar energy to Mangalore Electricity Supply Company (MESCOM).

The Upper Tunga Canal is made use of for irrigation purposes. It is running through the valley of Gajanur, Shivamogga District in Karnataka. Around 12 km stretch of Upper Tunga Canal goes through the location covered under Shivamogga City Corporation.

The extent of benefit the chosen developers will certainly include the layout, financing, design, purchase, construction, procedure and also maintenance and transfer of the Project under and also in accordance with the provisions of the draft PDIA (Project Development and also Implementation Agreement) to be entered into between the Developer and KNNL. The developers will have 18 months for finishing the appointing deal with the job, upon appointing will certainly need to give thorough procedure and upkeep services for the plants for a duration of 25 years.

For the supply of power from the task, the Bidder will participate in a Power Purchase Agreement (PPA) with MESCOM.

The last date for bid submission is August 8, 2020, and the techno-commercial quotes will be opened on August 10, 2020. The financial bids are set up to be opened on August 24, 2020. A pre-bid meeting has been scheduled for July 22, 2020, to address the issues raised by the potential bidders. All prospective buyers are likewise needed to submit an Earnest Money Deposit of Rs 1.4 crore together with their bids.

To be eligible for joining the bidding process, the prospective buyers should have experience of having actually successfully finished and also commissioned a minimum of one solar power plant (free choice of use of innovation) with a minimum ability of 5 MW which should consist of design, engineering, procurement, building and construction, installation, screening, appointing, operation and also upkeep of the plant throughout the last five years coming before the bid due day, which will remain to be in operation as on day of entry of proposals.

Monetarily, the total assets of the bidder must go to the very least of Rs 140 crore per year in the last 2 Financial Years and also will be profit-making organization throughout the last two financial years i.e. 2017-18 as well as 2018-19. And also, the annual turn over throughout the last 5 fiscal years for the sole prospective buyer/ all the members of the consortium with each other must go to least Rs 280 crore per year.