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MP takes up solar rooftop tendering with 45% subsidy support

Over 60 prospective bidders attend pre-bid meeting for the tender that is expected to be finalised in July

Solar Power
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Solar Power

BS Reporter New Delhi
The Madhya Pradesh government's plan to implement 28 Mw of Rooftop Solar projects through the Renewable Energy Service Company (RESCO) model is in line with the Government of India’s target to achieve 40 Gw of solar rooftop installation by 2022. Over 60 prospective bidders from across the country attended a pre-bid meeting for the tender that is expected to be finalised in July. 

Bidders discussed issues relating to the RFP document, Power Purchase Agreement clauses, compensation, subsidies and termination clauses, with senior officials from the Madhya Pradesh Urja Vikas Nigam. 

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