MSEDCL announces RfS for 1000 MW solar projects at INR 2.80/unit ceiling tariff

MSEDCL has announced a Request for Selection (RfS) document for the purchase of 1000 MW power for a long-term basis through a competitive bidding process. The summary of the document is as follows:

• The project is introduced in order to meet the future power requirements and fulfill the Renewable Purchase Obligation (RPO) of MSEDCL. The successful bidders will be eligible to fiscal incentives like Accelerated Depreciation, concessional customs & excise duties.
• In case of import of energy in case if intra-state projects the HT industry tariff will be applicable while selling the power to MSEDCL as per the MERC regulations and in case of inter-state projects, all the transmission charges and losses up to delivery point shall be to the account of the successful bidder.

Maharashtra has recently been very active in introducing new schemes for solar PV plants. The state recently tendered 1GW capacity of solar projects to be developed under the Mukhyamantri Saur Krushi Vahini Yojana.