Haryana Solar Power Investment: Tender Participation Guide 2025
About Solor Power Plant Tender
In recent years, solar energy has rapidly become a leading alternative energy source, and Haryana is emerging as a key player in this sector. If you’re a businessman or investor looking for lucrative opportunities, this blog will introduce you to a fantastic investment prospect in the solar power sector in Haryana. This opportunity allows you to earn a fixed monthly income by setting up a solar power plant on your available land. The good news is that the Haryana Government, through the Uttar Haryana Bijli Vitran Nigam Limited (UHBVNL), is inviting tenders for the installation of solar power plants.
Let’s break down the steps you need to take to participate in this tender and maximize your investment.
What Is the Investment Opportunity?
The Haryana Government has issued a tender for setting up solar power plants in 10 districts in Haryana. This is an excellent opportunity for investors who own suitable, vacant land and are interested in the solar energy business. By taking part in this tender, you can secure a long-term government contract, ensuring consistent revenue through fixed monthly payments. The UHBVNL is looking for investors who can set up solar power plants near substations across these identified districts.
Key Districts and Substations for Solar Projects
The project will cover 10 districts in Northern Haryana, where a total of 538 substations have been identified for solar power plant installation. These districts include:
- Ambala
- Panchkula
- Yamunanagar
- Kaithal
- Kurukshetra
- Karnal
- Panipat
- Sonipat
- Jhajjar
- Rohtak
These substations provide prime locations for solar power projects. If you have agricultural or uncultivated land within a 5-kilometer radius of these substations, you can participate in this tender and take advantage of this lucrative opportunity.
Steps to Participate in the Tender
- Register on the Haryana Government e-Procurement Website: The first step is to register on the Haryana Government’s procurement portal. Once registered, you will receive an ID that allows you to access and participate in the Expression of Interest (EOI) tender.
- Eligibility Criteria: You can participate as an individual, a farmer’s organization, or as a developer company. If you do not own land, you can lease land from a farmer for a long-term period (25 years) and participate in the project.
- Submission Deadline: Ensure that you submit your tender by March 27, 2025, before 3:00 PM. Late submissions will not be accepted.
- Land Requirements: The land offered for the solar power plant must be within a 5 km radius of the identified substations. Depending on the solar power capacity you want to offer, the land requirements vary. For example, for a 1 MW project, you will need at least 4 acres of land.
- Capacity Offer: You can participate in this tender for solar power projects ranging from 500 Kilowatts (kW) to 2 Megawatts (MW), providing flexibility for different investment scales.
Tender Process and Costs
- EMD and Processing Fees:
To participate, you will need to pay a tender fee of ₹500 +GST @18% and Processing fee of Rs 1000 + GST @18% = Rs 7080 and an Earnest Money Deposit (EMD) of ₹2,00,000. These fees are required for the tender submission.
Investment and Capital Expenditure (CAPEX): The estimated capital expenditure for setting up a 1 MW solar power plant is approximately ₹4 crores. You need to have at least 30% of this amount available as liquid assets to secure your investment. For a 1 MW project, this would amount to ₹1.2 crores in liquid assets.
- Reverse Bidding Mechanism: The rate for purchasing electricity from the solar plants has been set by the Haryana Government at ₹3.11 per unit. If the number of applications exceeds the available capacity at any substation, reverse bidding will be used to determine which participants are awarded the contract.
Project Timeline
Once the tender is awarded, you will have 8 months to complete the installation of your solar power plant. This is an excellent opportunity to generate long-term, stable revenue, as the government contract ensures guaranteed payments over the next 25 years.
Why Should You Invest in Solar Power?
- Government Backed Contracts: The Haryana Government’s support and commitment to solar energy create a secure investment environment.
- Stable Income Source: With a fixed per-unit rate, you will receive steady payments for the electricity generated by your solar power plant.
- Sustainability: Solar power is a green energy source, contributing to a cleaner environment while also reducing your carbon footprint.
- Long-Term Business Opportunity: The government’s 25-year contract provides financial stability and long-term business potential.
How KIP Team Can Help
The process of participating in this tender can be complex, and you may need assistance in preparing and submitting your documents correctly. KIP team is here to guide you through every step, ensuring that you have the necessary technical documents and meet all eligibility criteria.
We provide consultations on how to register, prepare the documents, and navigate the bidding process efficiently. By partnering with KIP, you can confidently participate in this solar power project tender.
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