India's Uttarakhand extends deadline for 40MW solar projects

This is due to the ongoing Lok Sabha election.

India’s Uttarakhand Irrigation Department has extended the deadline to submit proposals for the proposed tender of 40MW solar projects from 22 March to 27 May, due to the model code of conduct for the Lok Sabha elections, a report by Mercom India revealed.

The tender, which launched in January 2019, called for the installation of solar projects on the periphery of Tumaria and Haripura dams under a build-own-operate (BOO) model in Udham Singh Nagar.

Under the BOO model, the bidder will build, own and operate the project for 25 years, and later transfer the project to the state’s irrigation department. The land will reportedly be provided by the state free of cost to set up the solar project by the bidder with the lowest tariff.

The project completion time was set at 12 months, with an estimated cost pegged at approximately $22.69m (INR1.61b).