CREST Invites Bids for 1 MW Rooftop Solar Project in Chandigarh
The last date to submit the bid is March 27, 2023
Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) has invited bids to commission a 1 MW rooftop solar project at the parking area near DT Mall, Chandigarh.
The project should be commissioned within five months of receiving the work order. The installers must provide comprehensive operation and maintenance for ten years.
The last date to submit the bid is March 27, 2023. Bids will be opened on March 29.
The project’s estimated cost is ₹56.95 million (~$695,356).
Bidders must submit an earnest money deposit of ₹1.14 million (~$13,919).
The successful bidder must furnish 3% of the project capital cost as a performance bank guarantee.
The average financial turnover of the bidder or its affiliates should be at least ₹28.5 million (~$347,983) in the last three financial years.
Bidders must have completed three similar works worth not less than 40% of the project cost or two similar works of not less than 50% of the project cost.
Alternatively, they must have completed at least one similar work amounting to not less than 80% of the project cost during the last seven years.
The firm should have a service center in or around Chandigarh within a radius of 50 km with qualified staff. If such a facility does not exist, the same must be opened within one month of the work order.
If the bidder has executed the works as an independent power producer for any government agency/ state nodal agency/ any government public sector, the project cost would be considered as ₹40 million (~$488,397) per MW for financial work eligibility criteria.
The solar modules used for the projects should be from the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.
The modules must have a warranty for 25 years with degradation of power generated not exceeding 10% after ten years and 20% of the minimum rated power at the end of 25 years.
Bidders must submit an undertaking for the minimum expected electrical energy generation of 1,300 kWh per 1 kW system on the LT side for the first year. A 1% decrease of minimum expected electrical energy generation due to the degradation factor of the solar module is allowed from the second year onwards. Any deficiency in the generated electrical energy output will be recovered at the rate of ₹10 (~$0.12)/kWh from their bill.
Last October, CREST invited bids to empanel EPC companies, manufacturers, suppliers, and system integrators to develop grid-connected rooftop solar projects of capacities ranging from 1 kW to 500 kW in Chandigarh.
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