Pune Metro: Bids Invited For installation Of 5 MW Solar Projects In Stations And Depots
Pune Metro route map (@ WildTrails/Twitter)
The Maharashtra Metro Rail Corporation Ltd (MAHA-METRO) has invited fresh proposals and bids to install 5 MW rooftop and ground-mounted solar power projects in the Pune Metro Rail Project, Mercom India
This initiative will be carried out under the renewable energy service company (RESCO) model, wherein the developer will own the solar project and the consumer will pay for the energy generation.
The interested parties are required to pay around Rs 8,90,000 as a bid security amount whereas the successful bidder will have to pay almost Rs 1.79 crore as the deposit for performance security. Moreover, the latter is obligated to comprehensively look after the maintenance services of the initiative for 25 years.