Bids for 500 MW Solar Power Invited by Haryana Power Purchase Centre

April 19, 2023May 2, 2023Projects, Renewable Energy, Solar Power, Tender

Haryana Power Purchase Centre (HPPC) has invited bids for the supply of 500 MW of Solar Power from grid-connected Solar projects in Haryana. HPPC is a joint forum of Dakshin Haryana Bijli Vitran Nigam (DHBVN) and Uttar Haryana Bijli Vitran Nigam (UHBVN).

Successful bidders of this project will be selected through competitive bidding and will sign the Power Purchase Agreement (PPA) for 25 years with HPPC. According to the PPA, Solar developer will be responsible for the procurement of land, design, finance, construction, acquisition, operation and maintenance of the projects. HPPC has set a ceiling tariff of Rs. 3.38 per Kwh for the bidders.

Last date for submission of bids is 24^th May 2023. The projects under this tender must be commissioned within 18 months from the signing date of PPA.

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