Punjab Energy Development Agency(PEDA) is inviting proposals for allocation of solar PV projects under the Phase II of its Renewable Energy Policy. In the Phase I of the solar projects allocation, RfP was released for 300 MW in March 2013(details here) , and the winners were announced in June 2013(details here). Many of the projects under the Phase I have been commissioned, and most of the other projects are expected to be commissioned by mid-2015.
Some of the highlights of the competitive tariff bidding process are as follows.
1. A pre-bid meeting : 9th January 2015; Last date for submission of the bids : 28th January 2015.
2. Benchmark Tariff – Without Accelerated Depreciation(AD) : 7.72 Rs. / kWh ; With Acelerated Depreciation(AD) : 6.95 Rs. / kWh
3. There are 3 category of projects, and a bidder can be allocated a maximum of 3 projects(one for each category) totaling 78 MW. The details are as follows
More details are available in the RfP that can be downloaded here.