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Home Solar News

KMF Issues Consultancy Tender For 100 MW Open Access Solar Power Project

September 13, 2022
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KMF Points Consultancy Tender For 100 MW Open Entry Photo voltaic Energy Challenge

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A request for proposals (RfP) has been made by the Karnataka Milk Producer’s Cooperative Federation (KMF) for undertaking administration consulting providers to assist the federation set up a 100 MW group captive open entry solar energy undertaking.

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The final date for proposal submissions is October 4, 2022. The day of the bid opening is October 7, 2022. The KMF will get right into a 42-month contract with the profitable bidder.

To fulfill the vast majority of {the electrical} calls for of the federation and its affiliated milk unions, KMF desires to buy electrical energy from renewable sources via open entry in Karnataka.

A Rs 450,000 rupee earnest cash deposit is required from bidders. The quantity that have to be supplied by the chosen bidders as a efficiency financial institution assure was not specified within the procurement doc.

A personal sector photo voltaic undertaking developer might be employed by the federation to create a particular function automobile (SPV) that might be used to design, set up, construct, run, synchronize, preserve, switch, or take over a 100 MW solar energy plant on a bunch captive open entry foundation.

The undertaking could be acceptable to the federation and its affiliated milk unions supplied that it can lead to financial savings of no less than 30%. The undertaking’s capability could change.

The undertaking administration consultants might be employed by the federation for the entire 18-month development interval, in addition to 2 billing cycles totaling a further 24 months.

The advisor might be in command of managing your entire coordination of the photo voltaic group captive implementation between the federation and the SPV. Moreover, a bankable, complete undertaking report in addition to a month-to-month report on the SPV’s growth have to be submitted by the advisor. 

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Bidders should have helped within the earlier 10 years with no less than one feasibility research for a cooperative milk federation, public sector group, or state authorities that was primarily based on a bunch captive photo voltaic undertaking.

Within the final 10 years, bidders should have helped a authorities electrical energy provide enterprise or a state-owned energy sector group acquire a mortgage sanctioned for no less than Rs 3.17 billion for an influence undertaking.

The minimal common yearly earnings for bidders in any 2 of the earlier 5 fiscal years was Rs. 4 million.

Moreover, they have to even have drafted an article of affiliation and a memorandum of affiliation for a Karnataka authorities endeavor or any cooperative group, in accordance with the Corporations Act 2013.

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