Madhya Pradesh Invite Bids for 200 MW of Grid-Connected Solar Power Projects

In Madhya Pradesh, NTPC Renewable Energy (NTPC Renewables) has invited bids for an engineering, procurement, and construction (EPC) package with land for 200 MW of solar power projects connected to the state transmission utility (STU).

The scope of work covers the design, engineering, manufacturing, supply, packing, transportation, storage, installation, and commissioning of grid-connected solar projects.

The selected bidder will also be responsible for the project’s operation and maintenance for a period of three years following its commissioning.

The deadline for bid submissions is July 8, 2022. On the same day, bids will be opened.

Bidders will be required to provide a bid security deposit of ₹20 million for the offered capacity of 50 MW, ₹50 million for 60 MW to 100 MW, and ₹100 million for 110 MW to 200 MW.

The winning bidder must be an EPC contractor or a developer with expertise designing, supplying, erecting, and commissioning of grid-connected solar power projects with a total installed capacity of 40 MW or more, including at least one plant of 10 MW. Before the bid opening, the 10 MW plant had to have been operational for at least six months. It should be in a single location that the bidder has created for itself or any other client.

Alternatively, the bidder must have completed an industrial project worth ₹2 billion in the last ten years, either as a developer or as an EPC contractor, in the areas of power, steel, oil & gas, petrochemical, fertilizer, cement, coal mining, or any other process industry. The same should have been in operation for at least one year before the bid opening date.

As a developer or as an EPC Contractor, the bidder must have completed at least one 33 kV electrical substation, consisting of equipment such as 33 kV or above voltage level circuit breakers and power transformer, that has been in operation for at least one year prior to the bid opening date.

As of the bidding opening day, the bidder’s average annual turnover should not be less than ₹2 billion in any three years of the previous five financial years.

The bidder’s net worth should not be less than 100% of the paid-up share capital as of the final day of the previous financial year.

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Resource: Mercom India

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