MPUVNL is implementing the project under the Renewable Energy Service Company (RESCO) mode.
While bids for the tender are to be submitted by July 9, the financial bid will be opened on July 19, said MPUVNL, which recently floated the tender for the project.
"Under the RESCO model, the project developer will invest, build and operate the rooftop solar project by using the mix of 'its own funds' and 'taking debt', to generate electricity and sell it to the beneficiary," it said.
As per the the tender provisions, the rooftop projects are targeted for commissioning within 9 months from the date of execution of power purchase agreements with the beneficiary procurers.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
This website uses cookies.