The Andhra Pradesh Generation Corporation Limited (APGENCO) has invited bids for 10 MW of grid-connected solar-wind hybrid power projects at Ramagiri, located in Anantipuramu district of Andhra Pradesh.
The PPA will be signed for 25 years with APGENCO, and the projects will be developed on a build-own-operate-transfer (BOOT) basis. The last date for the submission of bids has been set for July 4, 2019.
The earnest money deposit (EMD) has been kept at ₹10 million ($1.43 million).
An interested bidder should have executed and operated solar, and wind projects of at least 10 MW and the projects should be in successful operation for at least 12 months at the time of bid submission.
The net worth of the bidder should be equal to or greater than ₹100 million (~$1.4 million) per MW of the project capacity on the last date of the financial year 2018-19.
The tender document states that the hybrid power project should be designed for interconnection with the nearest pooling substation.
It adds that the responsibility of successful bidder ends with the construction of a switchyard at the project boundary for the evacuation of power at 33 KV voltage level, while APGENCO will arrange the evacuation of power from project switchyard to the substation.
The entire cost of transmission from the project up to the switchyard along with all the wheeling charges, losses would be borne by the bidder. The cost of development of infrastructure such as roads, water system, internal evacuation system will also be borne by the bidder.
The tender document underlines that the aggregate capacity utilization factor (CUF) of the hybrid wind-solar project selected through this tender, should not be less than 22% in the first year.
Reference- Mercom India