Torrent Power Limited (TPL) has issued a request for proposals for up to 300 MW of grid-connected solar projects in Gujarat. The tender is open until 31 December and the project will be developed by TPL with an estimated cost of Rs 4,800 crore. Incentives include accelerated depreciation and concessional customs and excise duties, while eligible bidders must have carried out at least 50 MW of previous solar power projects. The submission deadline is 12 February.
Torrent Power Limited (TPL) has issued a request for proposals for up to 300 MW of grid-connected solar projects in Gujarat. TPL is offering 25-year power purchase agreements, and said bids must be between 50 MW capacity and 150 MW. Incentives include accelerated depreciation and concessional customs and excise duties, while eligible bidders must have carried out at least 50 MW of previous solar power projects. The submission deadline is 12 February.