NTPC Green Energy Issues EPC Tender for 300 MW of Solar Projects

The last day to submit the bids is November 24, 2023


NTPC Green Energy, on behalf of North Eastern Electric Power Corporation (NEEPCO), has invited bids for the engineering, procurement, and construction (EPC) package with land development for up to 300 MW of inter-state transmission system (ISTS) connected solar projects anywhere in India.

The scope of work includes the operation and maintenance of complete solar projects, including switchyard and power evacuation system until the interconnecting grid substation, along with consumables and spare parts for three years from the commissioning date.

The EPC contractor must also identify, acquire, and transfer ownership or lease the land in favor of NEEPCO.

The last day to submit the bids is November 24, 2023. Bids will be opened on the same day.

Bidders must submit a bid security amount according to the quoted capacities. For bidders quoting 100 MW, the bid security amount is ₹50 million (~$600,666); for 150 MW to 200 MW, bidders must furnish ₹100 million (~$1.2 million); and for 250 MW to 500 MW, they must furnish ₹200 million (~$2.4 million).

Bidders must have developed, designed, erected, commissioned, or supervised these activities for a grid-connected solar power project with a cumulative capacity of 40 MW or higher. At least one project must have been of 10 MW or higher capacity. The reference project must have been in operation for at least six months before the bid opening date.

Alternatively, bidders should have executed an industrial project in power, steel, oil and gas, petrochemical, fertilizer, cement, coal mining, coal handling plant and/or any other process industry costing ₹2.4 billion (~$28.8 million).

Bidders must also have executed at least one electrical substation of 33 kV or above voltage as a developer or an EPC contractor, which has been operating for at least the last year.

They must have an average annual turnover of ₹2.4 billion (~$28.8 million) for three of the last five financial years.

The net worth of the bidders as of the last day of the preceding financial year should not be less than 100% of their paid-up share capital.

In February, NTPC Renewable Energy invited bids for the EPC package with land development for 500 MW of ISTS-connected solar projects anywhere in India.

Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.