Maharashtra Green Hydrogen Policy 2023: Bidding for Green Hydrogen Production Facilities
Key Ideas
- Maharashtra Energy Development Agency (MEDA) calls for bids to establish 130 KTPA green hydrogen production facilities under the Maharashtra Green Hydrogen Policy 2023.
- Bidders must meet strict financial criteria, submit various guarantees, and adhere to performance timelines to qualify for the project.
- Delays in project commissioning result in penalties, while non-compliance with certain requirements leads to disqualification and penalties.
- The projects aim to promote the use of green hydrogen and renewable energy in Maharashtra and encourage sustainable energy practices.
The Maharashtra Energy Development Agency (MEDA) has initiated a bidding process inviting bids to establish green hydrogen production facilities as part of the Maharashtra Green Hydrogen Policy 2023. The projects entail setting up anchor units of up to 100 KTPA and experimental anchor units of 30 KTPA, with a total target capacity of 130 KTPA. Bidders are required to submit their bids by July 4, 2025, with bid opening scheduled for July 9. The bidding process mandates stringent financial requirements, including earnest money deposits, document fees, and bid processing fees. Successful bidders must also adhere to performance timelines and maintain various bank guarantees throughout the project's life cycle.
The scope of work encompasses the installation, commissioning, and long-term operation of green hydrogen and renewable energy facilities. Bidders must demonstrate the ability to commission a significant portion of the awarded capacity and meet specific net worth criteria. Non-compliance with project milestones or failure to meet capacity commissioning targets will result in penalties and disqualification. The projects aim to encourage the use of green hydrogen and renewable energy, promoting sustainable energy practices in Maharashtra. This initiative aligns with the government's focus on clean energy and its commitment to reducing carbon emissions and promoting environmental sustainability.