Coal India Subsidiary Invites Bids for 20 MW of Solar Projects in Odisha

The last date to submit the bids is June 6, 2024

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CIL Navikarniya Urja, a wholly-owned subsidiary of Coal India Limited (CIL), has invited bids to commission 20 MW (10 MW x 2) of solar power projects along with the associated transmission system in Jagannath and Lakhanpur, Odisha.

Only empanelled engineering, procurement, and construction contractors can participate in this tender.

The project should be commissioned within 12 months of receiving the work order.

The successful bidder must also provide operation and maintenance services for the project for ten years.

The project’s estimated cost is ₹1.02 billion (~$12.21 million).

The last date to submit the bids is June 6, 2024. Bids will be opened on the next day.

Bidders must submit ₹5 million (~$59,881) as an earnest money deposit.

The successful bidder must deposit a performance security amount calculated at 5% of the contract value within 21 days of the letter of award issuance.

A retention money of 5% of each running bill will be withheld until final acceptance to ensure the completion of the project.

Bidders must submit the certificate of possessing minimum working capital of the project’s estimated cost including access to lines of credit and availability of other financial resources to meet the project’s financial requirements.

The solar power developer should ensure the generation of 19.932 MU of electricity for the Jagannath project and 20.5 MU for the Lakhanpur project for the first year with a permissible level of degradation of 0.7% for the subsequent years.

If the developer fails to complete the work within the stipulated time, 0.5% of the contract price per week of delay, subject to a maximum of 10% of the total value as liquidated damages, will apply.

CIL has mandated using solar modules listed on the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.

Recently, Central Mine Planning & Design Institute, another subsidiary of Coal India, invited bids for the design, supply, installation, commissioning, and testing of grid-connected solar power projects with a cumulative capacity of 13 MW.

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