Ministry of Railways issue Tender for Implementation of Rooftop Solar PV System at Various Locations of Rameswaram station of Madurai division, Southern Railway, through RESCO Mode – EQ
Summary:
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## Executive Deal Snapshot
**Issuer:** Southern Railway (Government of India)
**Project Type:** Rooftop Solar PV – RESCO Model
**Location:** Rameswaram Station, Madurai Division, Tamil Nadu
**Estimated Deal Size:** ₹137.84 crore
**Contract Duration:** 25 years (tariff-based power supply)
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## Project Purpose & Scope
* Development, installation, operation, and maintenance of rooftop solar PV systems
* Supply of solar-generated electricity directly to railway assets
* Designed to reduce grid dependency and enhance renewable energy usage within Indian Railways
* No upfront capital expenditure by Railways due to RESCO structure
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## Commercial Framework
* **Tariff Structure:** Single fixed tariff for entire 25-year period
* **Energy Volume:** ~28.13 million units (indicative)
* **Tariff Quotation:** Excluding all taxes, duties, and statutory levies
* **Risk Allocation:**
* Taxes, network charges, and future levies borne by Railways
* Developer protected from regulatory cost escalation
* **Governing Contract:** Long-term Power Purchase Agreement (PPA)
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## Bidding & Timeline
* **Tender Method:** Open e-Tender | Two-stage (Technical + Financial)
* **Bid Deadline:** 6 January 2026, 3:00 PM
* **Pre-Bid Meeting:** 4 December 2025 (mandatory)
* **Project Execution Period:** 240 days from award
* **Bid Validity:** 180 days
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## Financial Qualification Thresholds
* Minimum average annual turnover of ₹150 lakh (last 3 financial years)
* Positive net worth across the same period
* Parent company financials acceptable with minimum 26% shareholding
* Mandatory submission of audited financial statements and GST registration
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## Technical Qualification Requirements
* Proven execution experience in solar PV projects, either:
* Rooftop solar installations of at least 200 kWp, or
* Grid-connected solar projects of minimum 1 MWp
* Projects must be completed and commissioned
* Experience must belong to the bidding entity itself
* Supporting certificates and commissioning proofs required
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