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Bharat Heavy Electricals Limited (BHEL) has invited bids for the operation and maintenance (O&M) of a 100 MW grid-connected solar power project at Raghanesda Solar Park (Phase-I) in Gujarat for ten years.
The estimated value of the contract is ₹111.33 million (~$1.39 million).
The last date to submit the bids is August 22, 2022. Bids will be opened the same day.
Bidders will have to submit ₹1 million (~$12,568) as an earnest money deposit. The successful bidder will have to furnish an amount equivalent to 5% of the contract value as the security deposit.
The bidders’ average annual financial turnover during the last three financial years should be at least 30% of the contract value.
Bidders should have executed three similar works costing not less than ₹52.55 million (~$660,448) each or two similar works costing not less than ₹65.68 million (~$825,466) each, or one similar work costing not less than ₹105.01 million (~$1.32 million).
Alternatively, they should have completed three similar works, each having capacity not less than 40% of the total project capacity, or two similar works, each having capacity not less than 50% of the total project capacity, or one similar work having a capacity not less than 80% of the total project capacity, for a minimum period of one year.
A penalty of 0.5% per week of delay on the value of the work order will be levied if the vendor fails to start the O&M work within two weeks of the date of the notice.
The contractor should not sub-contract, transfer, or assign the contract in full or any part thereof to any other person, firm, or company without the written approval of BHEL.
In May this year, BHEL issued a notice inviting tender for the operation and maintenance of NTPC’s 20 MW grid-connected solar power project at Gandhar in Gujarat for three years.
Earlier, BHEL Haridwar had invited bids from contractors for the operations and maintenance of a 5 MW solar power project at its Heavy Electricals Equipment Plant in Haridwar, Uttarakhand.
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Rakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.