NLC India Invites Bids to Lease 3,000 Acres in Rajasthan for Solar Projects

A Bankable Storage Ecosystem Needs Better Market Design, Local Manufacturing

Renfra Energy Files Draft Papers for ₹4.3 Billion Initial Public Offering

NHPC Announces Winners of Auction for 1.2 GW Solar Projects in Uttar Pradesh

Adar Poonawalla Family Office Invests ₹7 Billion in Inox Clean

ADB Approves $160 Million Loan for Bhutan’s Solar Expansion

Project Structuring, Supply Chain Depth Key for Better Storage Deployment

Pralhad Joshi Calls for Promoting Circular Economy in Renewable Energy Sector

Maharashtra Tenders 807 MW of Floating Solar, 807 MWh of Energy Storage

Mercom Calls for 1,000 GW 10-Year Solar Roadmap to Support India’s Energy Transition


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2026/07/amazon_polly_97413.mp3?version=1782975564">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p>The Maharashtra Krishna Valley Development Corporation (<a href="https://mwrdidc.in/mkvdc/home" target="_blank" rel="noopener">MKVDC</a>) has issued an expression of interest to set up 807 MW of floating solar projects, with 403 MW/807 MWh of battery energy storage systems (BESS), on reservoirs, on a public-private partnership (PPP) basis.</p>
<p>Bids must be submitted by July 22, 2026. Bids will be opened the next day.</p>
<p>The projects will include 560 MW of floating solar and 280 MW/560 MWh of energy storage capacity in the Pune district, 102 MW of floating solar and 51 MW/102 MWh of energy storage in Satara, 80 MW of floating solar and 39.5 MW/80 MWh of energy storage in the Sangli district, and 65 MW of floating solar and 32.5 MW/65 MWh of energy storage in the Solapur district.</p>
<p><a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-97414 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity.png" alt="MKVDC's Tender for 807 MW of Floating Solar with 403 MW/807 MWh of Battery Energy Storage: Details of Project Reservoir and Capacity" width="793" height="505" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity.png 793w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity-300x191.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity-768x489.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity-650x415.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity-624x397.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/MKVDCs-Tender-for-807-MW-of-Floating-Solar-with-403-MW-807-MWh-of-Battery-Energy-Storage-Details-of-Project-Reservoir-and-Capacity-600x382.png 600w" sizes="auto, (max-width: 793px) 100vw, 793px" /></a></p>
<p>Bidders must submit a document fee of ₹11,800 (~$124.22) for all projects except for the one at the Veer reservoir in Satara’s Khandala town. Those applying for projects at the Veer reservoir must furnish a document fee of ₹5,900 (~$62.11).</p>
<p>The scope of work entails the design, procurement, installation, testing, and commissioning of the floating solar and energy storage projects. It also entails providing operation and maintenance (O&amp;M) services for 25 years.</p>
<p>Selected bidders must prepare a detailed project report, implementation plan, engineering design, and environmental management plan, and obtain all the approvals for the projects. They must finance the project and achieve its financial closure.</p>
<p>The projects must include floating platforms, anchoring and mooring systems, inverters, transformers, switchgear, supervisory control and data acquisition (SCADA), and other balance-of-system equipment. They will also include onshore infrastructure, including pooling substations and control rooms.</p>
<p>Successful bidders must integrate the floating solar and the battery energy storage projects with the grid infrastructure. They must ensure compliance with environmental and dam safety requirements, scheduling, grid compliance, and metering and energy accounting.</p>
<p>They must also manage power generation while complying with reservoir-interface protocols, without affecting irrigation or dam operations.</p>
<p>The floating solar plus storage projects must maintain a minimum availability of 95% and a capacity utilization factor of at least 19% for the solar systems. The energy storage systems must maintain a minimum power capacity of 50% of the contracted renewable energy capacity with a storage duration of at least two hours.</p>
<p>The floating platforms, solar modules, anchoring and mooring systems, inverters, energy storage systems, cables, and balance-of-system equipment must comply with the standards of the International Electrotechnical Commission, the Institute of Electrical and Electronics Engineers, the Central Electricity Authority, and the Ministry of New and Renewable Energy.</p>
<p>The projects must be completed within 24 months.</p>
<p>Selected bidders must pay liquidated damages of 0.5% per week for construction delays, capped at 10%, 0.1% premium deductions for every 1% shortfall in solar availability below 98% and energy storage availability below 97%, along with penalties for metering, deviation settlement mechanism, dam safety, and critical safety breaches.</p>
<p>Bidders must have set up floating solar projects of at least 18 MW and energy storage systems of 9 MW.</p>
<p>Alternatively, they must have set up an equivalent capacity of solar infrastructure projects under the PPP model in the five years preceding the bid submission deadline.</p>
<p>Bidders must have provided O&amp;M services for renewable energy projects of a minimum capacity of 18 MW for at least two years.</p>
<p>Bidders must have a minimum annual turnover of ₹700 million (~$7.37 million) during the last five financial years before the bid submission deadline. They must have had a positive net worth as of March 31, 2025.</p>
<p>This January, Mahatma Phule Renewable Energy and Infrastructure Technology <a href="https://www.mercomindia.com/mahapriet-releases-tender-for-100-mw-floating-solar-project-in-maharashtra?" target="_blank" rel="noopener">issued</a> a request for selection to develop a 100 MW grid-connected floating solar project at Tansa Dam and/or Modak Sagar Dam.</p>
<p>Subscribe to Mercom’s <a href="https://www.mercomindia.com/product/india-solar-tender-tracker" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of real-time tender activity.</p>


mkvdc

Get the most relevant India solar and clean energy news.

RECENT POSTS