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Giriraj Renewables Bags 3X50 MW Solar Tender In Karnataka

In July this year, KREDL had floated a tender for the allotment of 150 MWAC (50 MWAC x 3 Blocks) Grid-Connected Ground Mounted Solar Photovoltaic Projects to be implemented in Pavagada Solar Park in the state of Karnataka on “Build-Own-Operate” basis for the procurement of solar power by BESCOM for a period of 25 years.

 

Giriraj Renewables has bagged all the 3 available blocks, 3 X 50MW project capacities at a tariff of INR 2.92/ unit.

 

As per the tender, the Bidder could quote for a minimum capacity of 50MW and in multiples of 50 MWAC for multiple projects (“Projects”), for a maximum capacity of 150 MW, subject to the Bidder meeting the Technical Capacity and Financial Capacity as mentioned in the RFP. The maximum allowable capacity to be developed in a Block was limited to 50 MWAC only.

 

The Projects will now be developed by Giriraj Renewables on a pre-identified land parcel inside the Pavagada Solar Park, i.e. blocks B22, B39 and B40A. The maximum solar power output from a project at the delivery point will be limited to a maximum of 50 MW at any time block of the day that can be scheduled.

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