Indian Oil Floats O&M Tender for 8 MW Solar Project in Ahmedabad

The last date to submit the bids is April 15, 2023


Indian Oil Corporation (IOCL) has invited bids for the operation and maintenance (O&M) of an existing 8 MW solar power project at the LPG bottling plant at Sanand in Ahmedabad for five years.

The last date to submit the bids is April 15, 2023. Bids will be opened on April 17.

The project’s estimated cost is ₹40.9 million (~$494,921).

Bidders need not submit any earnest money deposit to participate in bidding. The successful bidder must submit an amount equivalent to 3% of the total contract value as a security deposit.

In cases where the bidder has completed one such similar work, the cost should not be less than ₹4.1 million (~$49,541). For two similar works, each should not cost less than ₹3.3 million (~$39,608) and not cost less than ₹2.5 million (~$29,676) for three similar works.

For micro and small enterprises (MSEs), they should have completed one similar work costing not less than ₹3.47 million (~$42,031) or two similar works, each costing not less than ₹2.8 million (~$33,673), or three similar results, each costing not less than ₹2.1 million (~$25,194).

Also, bidders should have executed work consisting of the supply, installation, and O&M of a 4 MW solar power project or higher capacity during the last five years up to the previous day of the month before the one in which the tender has been invited.

The work should have been satisfactorily carried out by the party directly in their name as a direct order and not in any other form such as MoU, joint venture, sister concern, or agent, and subcontracted work will not be considered.

The annual turnover of bidders during the preceding three financial years should be at least ₹4.9 million (~$59,473). For MSEs, the annual turnover should be at least 85% of 60% of the estimated work cost under consideration or ₹4.17 million (~$50,509).

IOCL invited bids for the comprehensive annual rate contract for the O&M of a 5 MW solar power project at IOC’s Rawra facility in Jodhpur, Rajasthan, for three years.

IOCL had invited bids for comprehensive O&M of a 4.5 MW grid interactive ground-mounted solar power project at Narimanam, Tamil Nadu.

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