The Maharashtra State Power Generation Company (MAHAGENCO), is planning to develop a new solar plant in Pune.
The company intends to set up a 40 MW power solar plant on Public Private Partnership basis. In this regard, it has invited EoIs for the development of the project. The selected bidder has to design, part finance, engineer, manufacture and commission the grid interactive solar power unit and will operate and maintain the plant for 25 years during which period it will receive a revenue share.
The bidder will finance the project at his own cost. Mahagenco will pay only 50 per cent of the capital cost as determined by the Maharashtra Electricity Commission (MERC).