27

September

0

Rajasthan – Final RfP for 50 SPV plants (1MW each)

by Harini

After releasing the draft RfP for selection of developers for setting up 50 Solar Photovoltaic projects each of 1 MW capacity earlier in June, Rajasthan Renewable Energy Corporation Limited (RREC) has recently issued the final RfP for the same. Our blogpost on the draft RfP can be accessed here.

Given below are some of the changes noted in the final RfP document:

Bank Guarantees -

  • Earnest Money Deposit (EMD): Rs. 10 Lac/MW as against Rs. 20 Lac/ MW announced in the draft RfP
  • Bid bond:

RREC-Final50MW-bid bond
The Benchmark tariff referred to here is the Generic levelised Tariff after conidering accelerated depreciation declared by Rajasthan Electricity Regulatory Commission (Order dt. 04.09.2013) – Rs. 7.31/ kWh

  • Total Performance Bank Guarantee:
    Performance Guarantee – Rs. 15 Lac/MW as against Rs. 20 Lac/MW announced in the draft RfP

Important dates -

The time schedule for this bidding has been announced in this final RfP as given below:

RREC-Final50MW-timeline

For further details regarding this RfP including the formats for bid submission, the original document released on the RREC website can be downloaded here.

Leave a Reply

Need something?

Search here

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 669 other subscribers

Popular

Blog Categories

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 669 other subscribers