NTPC Green Tenders EPC Package with Land for 300 MW Solar Projects

The last date to submit the bids is February 27, 2024


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

The scope of work includes identification, acquisition, and complete transfer of ownership or lease of encumbrance-free land to NEEPCO. The developer must also identify and arrange grid connectivity to the ISTS substation.

The developer will also be responsible for all the EPC work of the project, along with performance testing for guaranteed generation at the interconnection point.

The selected developer must also oversee the projects’ operation and maintenance for three years from the date of commissioning.

The last date to submit the bids is February 27, 2024. Bids will be opened on the same day.

Bidders must pay ₹22,500 (~$270.68) towards the cost of bidding documents.

For a quoted capacity of 100 MW, bidders must submit a bid security amount of ₹50 million (~$601,510); for a quoted capacity of more than 100 MW and up to 200 MW, they must submit ₹100 million (~$1.20 million) and for more than 200 MW and up to 300 MW quoted capacity, they must submit ₹200 million (~$2.41 million) as bid security.

Bidders should have developed or designed, supplied, erected, or supervised the commissioning or commissioned grid-connected solar power projects with a cumulative capacity of 40 MW or higher. Out of this, at least one project should have been of 10 MW or higher capacity at a single location, and it must have been in operation for at least six months before the bid opening date.

Alternatively, they should have executed an industrial project either as a developer or as an EPC contractor in the areas of power, steel, oil and gas, petrochemical, fertilizer, cement, coal mining, or any other process industry in the last ten years. The project should have been of a minimum value of ₹2.4 billion (~$28.87 million) and must have been in operation for at least six months to one year prior to the bid opening date.

The six-month successful operation criteria is valid for projects in the renewable energy (solar or wind) sector. The one-year criteria is for industrial projects other than the renewable energy sector.

The average annual turnover of the bidders should not be less than ₹2.4 billion (~$28.87 million) for any three out of the last five financial years.

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

Recently, NTPC Green Energy, on behalf of Indian Oil NTPC Green Energy, has invited bids for the EPC package with land to develop up to 200 MW of ISTS-connected solar projects anywhere in India.

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