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TENDER · india-gepnicgovernmentmixed

Implementation of Tentative of 50 MWp Cumulative Grid Connected Roof Top Solar PV Systems under RESCO Mode at various locations in the State of Punjab with Payment Security Mechanism 2026 Tender

Department of Punjab Energy Development Agency

In context

This is a contract notice published by a government body covering a mix of works, supplies and services. Bids are invited through an open procedure. Delivery covers India (Asia). It is classified under Renewable Energy against the sustainability taxonomy rather than matched on keywords.

Summary

PEDA, Punjab's state renewable energy agency, is procuring the design, supply, installation and operation of about 50 MWp of grid-connected rooftop solar PV systems across various Punjab locations under a RESCO (rooftop energy service company) model with a payment security mechanism. It suits solar EPC developers and RESCO operators with rooftop PV delivery experience and the financial capacity to fund capex in exchange for long-term power-purchase revenue.

Summary by Raise Lens from the official notice · 11 Oct 2026Accurate?

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About this tender

Implementation of Tentative of 50 MWp Cumulative Grid Connected Roof Top Solar PV Systems under RESCO Mode at various locations in the State of Punjab with Payment Security Mechanism Organisation: Department of Punjab Energy Development Agency / New and Renewable Energy Tender ID: 2026_PEDA_176894_1

Key requirements

  • ✓Design, supply, installation, commissioning and O&M of grid-connected rooftop solar PV systems totalling about 50 MWp across Punjab
  • ✓Operates under RESCO model: developer funds capex and is paid per unit of solar energy supplied
  • ✓Payment security mechanism provided to protect developer revenue from offtakers

Relevant sectors

How this compares

  • Compared with 221 similar tenders (renewables in India) listed in the last 12 months.
  • It allows 35 days to respond, longer than the typical 15 days across 221 similar tenders.
  • The same organisation listed 3 other similar tenders here in the last 12 months.

Figures are computed from notices listed on Raise Lens in the same sector and country over the last 12 months.

About this sector

Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.