Publication / invitation
01/07/2026 at 1200 Hours IST.
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Expression of Interest (EOI) for Development Operation Maintenance and Management of Floating Solar PV Plus Battery Energy Storage System (FSPV plus BESS) project on the Ekrukh Reservoir on a Public Private Partnership (PPP) Basis
Maharashtra Krishna Valley Development Corporation · Satara, Maharashtra2026_CWRDP_1313323_1
Written by TenderKart AI from the documents published when it was generated. Check the tender for later corrigenda before you bid.
1 Jul 2026
28 Aug 2026
All important dates as they stand after corrigenda: publication, pre-bid/clarification deadline, bid submission deadline, bid opening, and bid validity period.
01/07/2026 at 1200 Hours IST.
15/07/2026 at 15:00 hours; attendance is mandatory for eligibility despite the schedule saying it is strongly advised.
17/07/2026 at 1800 Hours IST; queries must be emailed to [email protected].
16/07/2026 at 11:30 Hours IST, physically at Sinchan Bhavan, Pune or online via the Google Meet link in Corrigendum-I.
14/08/2026 at 1700 Hours IST.
17/08/2026 at 1200 Hours IST in the office of the Executive Engineer.
No bid/proposal validity period is specified. The only 180-day period is for the Power of Attorney, not the EOI response.
Tender value or estimated cost, EMD/bid security (amount, acceptable forms, validity), tender document fees, performance security, and key payment terms.
No fixed tender value is stated. The indicative draft concession terms estimate INR 5-6 Cr/MW; the project scope states 65 MW FSPV and 33 MW/65 MWh BESS.
INR 11,800/- (Rupees Eleven Thousand Eight Hundred only), inclusive of GST, non-refundable; pay through the e-procurement portal's online gateway and upload a self-attested payment copy.
No EMD amount, acceptable form, validity, or claim period is fixed at EOI stage; the PIM says refundable EMD will be scaled from tenders or decided by the Authority.
No amount, form, or validity is specified. It is left to direct-allotment norms / Authority decision, and Annexure VII (Security Deposit) is intentionally blank.
The concessionaire funds the project; indicative financing is 70% debt / 30% equity. It collects project revenues and must pay lease rentals, concession fees or revenue share under the future Concession Agreement. Water-surface rent, land rent, escalation, restoration bond and water-surface premium are not quantified at EOI stage.
Every pass/fail eligibility and qualification requirement: experience and past performance, turnover/net worth, registrations and certifications, consortium/JV rules, and debarment or blacklisting conditions.
Applicant must be an India-registered company, LLP or partnership, either singly or as a JV/consortium.
Applicant/consortium must collectively have developed ≥33 MW Floating Solar AND ≥17 MW BESS, OR equivalent Solar infra-PPP projects, in the five years preceding the EOI Submission Date.
Applicant/consortium must have operated and maintained a ≥33 MW renewable-energy project for ≥2 years.
Average annual turnover must be ≥ INR 127 Crores across FY 2020-21 through FY 2024-25, supported by statutory-auditor/CA certification and audited statements.
Positive net worth as on 31st March 2025, certified by the statutory auditor/CA.
Lead Member must independently meet at least 50% of technical experience and 50% of the financial requirement; the consortium collectively must meet 100%, with each member's technical/financial role and shareholding disclosed.
Consortium must undertake to form an SPV: Lead Member ≥26% equity locked for 2 years post-COD; Technical Member ≥10% equity. The draft terms state the Technical Member stake continues throughout the concession.
Applicant and every consortium member must not be debarred, blacklisted or prohibited by any Central/State Government, PSU or regulatory authority (CEA/MNRE) as on the EOI submission date.
Submit PAN, GST and all mandatory legal/authorization documents.
Applicant/consortium must visit Ekrukh and obtain the designated Executive Engineer's site-visit certificate.
Submit the prescribed Power of Attorney in favour of the person executing the proposal/project.
Submit a concise but comprehensive technical proposal covering project understanding, development methodology, commercial/financial feasibility, implementation strategy and O&M framework.
Not a pass/fail criterion at EOI stage: applicants holding relevant MNRE/agency empanelment must disclose it, but its absence does not necessarily disqualify.
What is being procured: the work, supplies or services, deliverables and quantities, locations, phases, completion or delivery timelines, applicable standards, and notable exclusions.
Develop, finance, design, procure, install, commission, operate, maintain and manage an integrated FSPV + BESS project at Ekrukh Reservoir under an LDOT PPP concession.
Install up to 65 MW FSPV and 33 MW/65 MWh BESS; storage must be at least 50% of 65 MW contracted RE capacity with a minimum 2-hour duration for COD FY 2028-29.
Within 24 months from Appointed Date: surveys and investigations; DPR and implementation plan; EIA/EMP; statutory clearances; floating platforms, PV modules, anchoring/mooring, underwater/floating cables, inverters, BESS and balance-of-system; onshore transformers, switchgear, pooling station, SCADA room and O&M facilities; evacuation works and grid connection.
Synchronize with the nearby Bale substation, perform CEA-compliant performance/generation/reliability tests, and submit safety, grid-compliance and test documentation before COD.
Operate for 25 years from COD, maintain FSPV/BESS/pooling and evacuation assets, report performance and environmental compliance, then hand back assets, records, drawings and O&M manuals in good working condition.
Design and operate to relevant IEC/IEEE/CEA/MNRE standards, Dam Safety Act/WRD requirements and environmental/electrical/grid rules. Operational requirements include CUF ≥19%, BESS RTE ≥ OEM guarantee, SCADA monitoring and availability KPIs (see contradiction on 95% versus 98%/97%).
Ekrukh Dam, North Solapur Taluka, Solapur District; intended electrical interconnection is Bale substation via a 132 kV line. The concessionaire must accommodate monsoon operations, irrigation-priority releases and sedimentation.
MKVDC retains irrigation operations and reservoir control; the concessionaire receives no rights over irrigation infrastructure or any existing/future hydropower facilities.
The complete checklist of documents to submit — mandatory vs conditional, with any prescribed formats, proformas or annexures — plus how to submit: portal and mode, envelope/cover structure, digital signature requirements, signing and attestation rules, and physical originals with their deadline.
Submit online only through http://mahatenders.gov.in; no physical submission, in whole or part, is permitted.
Upload a clear, indexed, structured response with properly referenced and authenticated documents in prescribed formats. The EOI gives no cover/envelope structure and specifies no DSC class.
Use authorized signatories and company seals where the forms require them; PoA must be on Rs.500 (or applicable Maharashtra) non-judicial stamp paper, witnessed and notarized; consortium JBA is on appropriate stamp paper.
Every corrigendum/addendum in order — what changed (original vs amended value), its impact, and the action for the bidder — ending with the values that finally apply.
Published 13/07/2026: changed the 16/07/2026 pre-bid meeting time from 12:00 to 11:30 Hours IST, retained physical/online attendance, and added Google Meet link https://meet.google.com/jyj-jbni-hiq. Bidder action: use the amended time/link.
Published 17/07/2026: submission moved from 22/07/2026 1700 to 14/08/2026 1700; opening changed from next working day at 12:00 to 17/08/2026 1200; query deadline moved from 07/07/2026 1800 to 17/07/2026 1800. Bidder action: plan and submit to the revised deadlines.
Pre-bid meeting: 16/07/2026 11:30; pre-bid queries: 17/07/2026 18:00; EOI submission: 14/08/2026 17:00; opening: 17/08/2026 12:00. No corrigendum changes the fee, eligibility, scope or commercial conditions.
Genuine conflicts within and across the documents (original vs corrigenda, clause vs annexure, tender document vs BOQ): both sides with citations, and which value prevails.
Annexure IV demands a 'Bid Covering Letter (Annexure-I)', but Annexure I is the Project Information Memorandum; the actual Application Form is Annexure II on pages 40-42. Use Annexure II and flag the mismatch to the Authority.
Clause 2.2 and Annexure XVII's scope table require ≥95% plant availability, while the later, specific KPI table requires PV ≥98% and BESS ≥97%. For pricing/compliance, use the more specific KPI thresholds (98% PV, 97% BESS) pending clarification.
The main concession narrative places hydrology/water-level risks under MKVDC control, but the PIM makes the developer bear normal-variation revenue loss with no compensation, and Annexure XVII calls hydrology/drought shared 70:30. The detailed financial consequences in the PIM/draft terms govern bid risk unless formally clarified.
The EOI states exclusive jurisdiction in competent courts within Maharashtra; the draft concession specifies Pune/Mumbai courts. For the current EOI, the broader Maharashtra-courts clause applies; the final concession venue needs clarification.
Only critical, tender-specific pre-bid queries that could materially change bid/no-bid, pricing, eligibility or contractual risk. Skip generic or obvious questions the documents already answer clearly.
Confirm exact EMD and performance-security amounts/forms/validities, rentals, water-surface premium/escalation, restoration bond, tariff/offtake/PPA terms and payment/settlement mechanics; these are material to financing but left to future Authority decisions.
Confirm whether 'Equivalent Solar infra-PPP projects' replaces both the 33 MW FSPV and 17 MW BESS tests, define equivalent projects, and state whether multiple projects/members can aggregate capacities.
The mandatory visit was 15/07/2026, before the 17/07/2026 corrigendum extended submission to 14/08/2026. Confirm a fresh visit date and certificate procedure so later entrants are not automatically ineligible.
Confirm the contracted DC/AC rating and whether INR 5-6 Cr/MW applies to DC MWp, AC MW, FSPV only or integrated FSPV+BESS; also confirm whether BESS is exactly 33 MW/65 MWh or only the policy minimum ≥50% / two hours.
Issue one binding schedule for hydrology compensation/risk sharing and plant-availability thresholds, reconciling 95% with 98% PV/97% BESS and MKVDC-controlled hydrology with developer/no-compensation and 70:30 sharing.
Commercial, legal and execution risks a bidder should weigh: liquidated damages and penalties, unusual or one-sided clauses, tight timelines, and payment or security risks.
This EOI creates no award right; MKVDC may amend, suspend or terminate it without liability, and applicants bear all preparation, assessment, site-visit and advisory costs.
Concessionaire bears full financing, construction, performance, O&M and off-take risk; final PPA, tariff and revenue terms are not fixed at EOI stage.
Indicative construction LD is 0.5% per week capped at 10%. KPI deductions apply for PV/BESS availability, PR/CUF shortfall and RTE; metering non-compliance is INR 5 lakh per meter plus rectification, and dam/safety breaches permit suspension or step-in.
On concessionaire default, no compensation is payable and assets vest in the Authority; expiry handback also carries no compensation.
Normal hydrological variation gives no compensation and leaves CUF/revenue loss with the developer. Drinking water, irrigation and dam safety outrank FSPV; normal priority releases are not Force Majeure.
Concessionaire bears 100% of BESS degradation/augmentation and thermal-runaway/fire risk, plus insurance across construction and operations.
The key concession terms, including cost, financing, risks, KPIs and compensation, are explicitly indicative and subject to later modification, creating substantial pricing uncertainty at EOI stage.
The inviting authority and relevant contacts: office, person, designation, address, phone and email — and which address receives physical submissions, if any.
Executive Engineer, Minor Irrigation Division, Satara, under Maharashtra Krishna Valley Development Corporation / Water Resources Department. EOI correspondence email: [email protected].
2nd Floor, Conference Room, Sinchan Bhavan, Plot No. 17, Barane Road, off Wellesley Road, Manik Nagar, New Mangalwar Peth, Pune, Maharashtra 411011. Email: [email protected]; phone: 26120130.
There is no physical-submission address because physical documents are prohibited; all proposal documents go through the e-procurement portal.