IOC Invites Bids for 1 MW Open Access Captive Solar Project in Haryana

The last date to submit bids is April 29, 2024


Indian Oil Corporation (IOC) has issued a tender for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected open access captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana.

In addition to commissioning the project, the contract will encompass one year of complete operation and maintenance (O&M) services following construction and an additional nine years of extended operation and maintenance support.

The last date for bid submission is April 29, 2024, and the bid opening is scheduled for the next day.

The contract duration is 127 months from the date of the letter of acceptance, with a Part-A duration of 19 months (7 months for project commissioning and one year O&M and a Part-B duration of 9 years from the completion of Part-A.

The earnest money deposit for the tender is ₹641,700 (~$79,000), with exemptions for central and state public sector undertakings and joint ventures of IOCL.

The annual turnover of the bidders during any one of the preceding three financial years should not be less than ₹41.9 million (~$517,000).

Bidders must have executed at least 1 MW of on-grid solar power project with net-metering/gross metering/net billing or feed-in/open access facility in any industry, either as the main contractor or subcontractor, within the last seven years.

The required project experience includes three similar completed works, each valued at no less than ₹21 million (~$251,000); two similar completed works, each valued at no less than ₹28 million (~$336,000) and one similar completed work valued at no less than ₹35 million (~$420,000).

Last month, IOCL invited bids for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh.

Late last year, it invited bids for O&M of an existing 1.1 MW solar power project at Indane Bottling Plant, Devanagonthi village in Bengaluru Rural district in Karnataka.

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