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NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for land and an extra high voltage (EHV) transmission system package to develop interstate transmission system (ISTS)-connected solar power projects of up to 2 GW capacity in Rajasthan.
The last date to submit the bids is December 27, 2022. Bids will be opened on the same day.
Bidders are not required to submit any earnest money deposit to participate in the tender.
The successful bidder will have to acquire 5 acres/MW of land on a leasehold basis in non-Great Indian Bustard (GIB) zones in Bikaner and the adjoining areas in the state.
Bidders must possess experience in arranging land parcels and in obtaining technical feasibility approval for power evacuation through STU/ISTS substation.
The experience should be related to executing solar power projects, solar parks, wind projects, or a combination of these projects with a cumulative capacity of 100 MW or higher, but one of these projects must be of at least 50 MW capacity at a single location.
The average annual turnover of bidders with the quoted capacity in the range of 50 MW to 300 MW should be at least ₹65 million (~$795,496) in any three of the last five financial years.
Further, for quoted capacity greater than 300 MW, the average annual turnover should be at least ₹220,000 (~$2,692)/MW.
If the bidder does not satisfy the annual turnover criteria on its own, its holding company would be required to meet the specified turnover requirements, provided that the net worth of the holding company in the previous financial year should be equal to or more than the paid-up share capital of the holding company.
The net worth of bidders in the previous financial year should be positive.
Any bidder from a country that shares a land border with India will be eligible to bid in this tender.
Recently, NTPC Renewable Energy invited bids for the supply of solar modules for 325 MW of solar projects in Shajapur Solar Park, Madhya Pradesh.
Earlier, NTPC Renewable Energy had invited bids for the balance of system package (excluding land and transmission system) for 500 MW of state transmission utility-connected solar project at Bhadla in Rajasthan.
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