Adani Electricity Mumbai Limited (AEML) has issued a Request for Selection (RfS) for establishing 350 MW of grid-connected wind-solar hybrid power projects. An additional 350 MW capacity has been tendered under the greenshoe option of the global competitive bidding process.
The pre-bid meeting will be held on July 29, 2019. The bid submission deadline for both the technical and financial bids is August 9, 2019. An earnest money deposit of ₹0.5 million (~$ 7,247)/MW for each project must be submitted as a bank guarantee in this regard. The project has been sanctioned to fulfill the renewable purchase obligation (RPO) of Adani Electricity.
The company will sign power purchase agreements (PPAs) with the selected bidders for the purchase of wind and solar hybrid power for 25 years from the commercial operation date. Read More