The Goa Energy Development Agency (GEDA) has launched a tender for the design, delivery, installation, testing, and commissioning of 1.65 MW of grid-connected rooftop solar systems atop several government buildings in Panaji.
In addition, successful bidders must provide five years of full operation and maintenance service.
The project is expected to cost 92.18 million dollars ($1.20 million).
Only GEDA-approved merchants are eligible to participate in the auction. The deadline for proposal submissions is March 27, 2022.
The project also includes the installation of a 30 kW rooftop solar system on the flat roof of the Goa Industrial Development Corporation building in Patto, Panaji, which is located above the sixth level.
Bidders must post a $1.84 million ($24,104) earnest money deposit (EMD). The winning bidders’ EMD will be reimbursed once they produce a bid security deposit in the form of a bank guarantee against the work order within 15 days, equal to 5% of the project cost.
Within 15 days of the project’s commissioning and grid integration, successful bidders must deposit a performance bank guarantee of 10% of the project cost of the sanctioned capacity.
In the preceding four years, bidders must have developed, delivered, installed, and commissioned rooftop or ground-mounted grid-connected solar installations with a total capacity of more than 2 MW. Residential installations that have been certified by a state nodal body or a power distribution provider will be considered.
A minimum yearly turnover of $100 million ($1.31 million) is required of bidders. In addition, bidders must submit a chartered accountant’s certified turnover certificate for the last two financial years. If the projects are not completed within 12 months of the work order being issued, the contract might be terminated. GEDA, on the other hand, reserves the authority to extend the deadline by one month.
If the successful bidders fail to commission the sanctioned project within the stated time, a penalty of 2% of the security deposit value will be deducted for each day the project is delayed for the next 30 days.
Within 360 days of the work order’s issuance, successful bidders must acquire a no-objection certificate (NOC) from the Goa Electricity Department. A delay in gaining this permission would result in a weekly liquidity loss of 1% of the contract value, rising to 10%.
The rooftop projects’ metering and grid connectivity would be net metering and virtual net metering, as per the Central Electricity Authority or Joint Electricity Regulatory Commission’s current standards for the State of Goa and Union Territories (JERC).
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Resource: Mercom India
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