NTPC Renewable Energy Floats EPC Tender for 225 MW Solar Projects in Gujarat

The last date for the submission of bids is June 25, 2024

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NTPC Renewable Energy has invited bids for the engineering, procurement, and construction (EPC) package for 225 MW of grid-connected solar power projects to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda (GSECL Stage-3).

The scope of work includes design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading storage, installation, testing, and commissioning of the projects, including the supply of solar modules.

The selected developer will also be responsible for three-years of operation and maintenance of the project.

The last date for the submission of bids is June 25, 2024. Bids will be opened the same day.

Bidders must submit a bid security of ₹100 million (~$1.2 million).

Bidders should be developers or have experience designing, supplying, erecting, and commissioning solar projects with a cumulative installed capacity of 40 MW or higher.

At least one project must have had a capacity of 10 MW or more, and this project should have been in operation for at least six months before the bid opening date.

Alternatively, bidders should have executed an industrial project costing ₹2.4 billion (~$28.78 million) in the last ten years as a developer or as an EPC contractor in the power, steel, oil, gas, petrochemical, fertilizer, cement, coal mining, or any other process industry.

Bidders should have executed at least one electrical substation with a 33 kV or higher voltage level, including equipment like 33 kV or above voltage level circuit breakers and power transformers, either as developers or EPC contractors.

The substation should have been in operation for at least one year (for projects other than the renewable energy sector) or six months (for electrical substations in the solar/wind sector) before the bid opening date.

Bidders should have an average annual turnover of ₹2.4 billion (~$28.78 million) during the last three financial years.

Bidders’ net worth as of the last day of the preceding financial year should be at least 100% of their paid-up share capital.

Earlier this year, Gujarat Urja Vikas Nigam invited bids to procure power from 1,125 MW grid-connected solar power projects to be set up in GSECL’s renewable energy park at Khavda (GSECL Stage-3) without energy storage.

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