Punjab Government has invited bids for setting up of 300 mega watt (MW) solar power projects at various locations in the State. With this, Punjab has took a major step forward in its endeavour to put up Solar Photovoltaic (SPV) Power Projects in MW scale in the State by inviting bids through competitive bidding for 300 MW SPV Power Projects on Build, Own, Operate (BOO) basis, to be setup at various locations in the State of Punjab.
The State has a major potential in generating power from Solar Energy as 330 days of clear sunshine with solar insolation between four-seven kwh per square metre is available.
A pre-bid conference was organised by Punjab Energy Development Agency (PEDA) on Wednesday at CII with a view to reply to the queries of the interested bidder or companies. The pre-bid queries were replied by PEDA and PSPCl.
Punjab power secretary Anirudh Tewari chaired the pre-bid session and replied the queries of the bidder explaining the facilities to be provided by the Government.
PEDA chief executive TPS Sidhu confirmed that various renowned international, national companies have shown their keen desire to setup projects.
He added that over 300 representatives of various companies participated and the response was overwhelming in this conference.
Notable companies or major groups present were: Tata Solar Power, l&T, Moserbaer, Aditya Birla Group, Welspun, GE, Punjloyd, Sun Edision, Waree Energy.
The bidders were confirmed that details of the pre-bid conference and replies to the queries shall be available on the website of PEDA and Punjab Government e-tendering.
Major bankers — UCO Bank, OBC Bank, Union Bank of India, Vijay Bank, State Bank of Patiala, HDFC — were also present in the pre-bid conference.