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MSEDCL Invites Bids for the Procurement of 230 MW Solar Power

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 230 MW of solar power from projects to be developed in the state.

These projects are to be developed across 21 districts of Maharashtra, and MSEDCL will be signing 25-year Power Purchase Agreements (PPA) with the winning bidders.

Winners will be selected through Tariff Based Competitive Bidding (TBCB). MSEDCL has set a ceiling tariff of Rs. 3.30 per unit for the bidders. The winning bidders are required to commission the required solar projects within 12 months from the date they are given the Letter of Award (LoA).

Last date for submission of bids for this tender is 16th December 2022.