Indian Oil Corporation to Solarize its Retail Outlets, Calls for Vendor Empanelment
The states and union territories included under the Punjab state office of the IOCL include Punjab, Chandigarh, Himachal Pradesh, Jammu & Kashmir, and Ladakh
The Indian Oil Corporation Limited (IOCL) has invited an expression of interest (EoI) for empanelling vendors or lump-sum turnkey contractors for solar projects at its retail outlets under its Punjab state office.
The states and union territories included under the Punjab state office of the IOCL include Punjab, Chandigarh, Himachal Pradesh, Jammu & Kashmir, and Ladakh.
Interested bidders are expected to pay a processing fee of ₹2,500 (~$34). The tender did not specify an earnest money deposit (EMD) amount. The last date for the submission of bids is September 11, 2020.
The scope of work includes the design, engineering, testing, supply, packing, forwarding, transporting, unloading, storage, installation, and commissioning of the projects on lump-sum turnkey mode. Comprehensive operation and maintenance services of at least one year must also be provided for these projects.
To be eligible to take part in the competitive bidding process, applicants are expected to have had an annual turnover of at least ₹8.4 million (~$114,661) in the last three financial years.
They are also expected to have successfully installed and commissioned solar projects with a cumulative capacity of at least 150 kW in the country in the last three years. Applicants are also expected to have completed a minimum of 50 kW of similar projects. Of these, at least one project must be over 25 kW in size. Alternatively, the bidder can have two projects over 15 kW each, three projects over 10 kW each, or ten projects over 3 kW each.
Earlier, IOCL floated two tenders for 580 kW of grid-connected rooftop captive solar power projects at its terminals in Tamil Nadu and Maharashtra. One was for a 180 kW project at an IndianOil Terminal at Sankari, Tamil Nadu, and the other was for a 400 kW project at the IndianOil Grease Plant in Vashi district, Mumbai, Maharashtra.
In July, Mercom reported that the South Delhi Municipal Corporation signed a memorandum of understanding with Indian Oil and NTPC Limited to develop a demonstration waste-to-energy project at the Okhla landfill site in Delhi.
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Nithin Thomas is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai. More articles from Nithin.