Damodar Valley Corporation (DVC) has invited bids to set up 234 MW floating solar projects on the Reservoir of DVC Maithon Dam, Maithon in Jharkhand.

Bids must be submitted by 16, 2025. Bids will be opened on the same date.

Bidders must furnish an earnest money deposit of ₹102 million (~$1.1 million).

The scope of work entails the design, engineering, procurement, erection, testing, and commissioning of the projects. It also includes overseeing the equipment and materials supply, testing at the manufacturers’ works, inspections, packing and transportation, receipt, unloading and storage at the site, installation and incidentals, and associated civil works.

Selected bidders must obtain the projects’ permits and licenses. They must also provide 10 years of comprehensive operation and maintenance services.

Additionally, they must conduct the projects’ site clearance, including removing bushes and trees, and complete its leveling, grading, and finishing.

The projects must be commissioned within 18 months.

Bidders must submit module insurance with a minimum coverage of 6 % of the total order value of the module supplies for 25 years.

The minimum individual project size must be 59.5 MW. The projects must have a design life of 25 years and a minimum capital utilization factor of 24.42%.

The solar modules must be sourced from the Approved List of Models and Manufacturers-listed suppliers. Alternatively, the suppliers can get listed before the bid submission date or within four months of the letter of award, whichever is earlier.

The floating solar systems’ manufacturers must have produced and supplied solar floaters of a minimum capacity of 5 MW at a single location. Anchoring and mooring suppliers must have designed and installed a system for 20 MW of floating blocks at a single location.

In October 2024, DVC issued a tender for the design, engineering, procurement, construction, installation, testing, and commissioning of a 10 MW grid-connected floating solar project in Jharkhand.

In December 2024, DVC invited bids to commission 234 MW of floating solar projects on the Maithon reservoir in Dhanbad, Jharkhand.

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