The Pumped storage projects scope requires the developer to finance, investigate, design, secure approvals, procure equipment, construct, commission and maintain the project. The Pumped storage projects concept includes three 300 MW fixed-speed units, reservoirs, an underground powerhouse and evacuation infrastructure. Firms tracking Renewable energy India opportunities should examine the electronic reverse auction, cycle-loss commitment, 90% annual availability requirement and 60-month commissioning obligation. Bid security is Rs 108 crore, while the construction performance bank guarantee is Rs 270 crore. Minimum net worth is Rs 1,080 crore. EnergylineIndia.com provides verified details of these Pumped storage projects requirements.
