NTPC’s Subsidiary Invites Bids for Rooftop Solar Projects Below 10 MW
The last date for the submission of the bids is December 12, 2022
December 12, 2022
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC, has invited bids to select engineering, procurement, and construction (EPC) contractors to develop rooftop solar projects below 10 MW capacity.
The scope of work includes designing, engineering, supplying, installing, testing, and commissioning the project, along with the operation and maintenance (O&M) for ten years.
The last date for the submission of the bids is December 12, 2022. Bids will be opened on January 3, 2023.
NVVN has not specified any earnest money deposit or performance bank guarantee for the project.
According to the terms of the tender, the selected bidders will be enlisted for a year with the provision for a further extension of up to one year to execute upcoming solar projects for NVVN.
Further, the contractors must remotely monitor the generation of solar power using appropriate software post the commissioning of the projects. They must also maintain a sufficient inventory of spare parts to ensure that the project is operational during the O&M period.
Bidders must have designed, supplied, erected, and commissioned or supervised the commissioning of the grid-connected solar power project of an installed capacity of 800 kW or more, of which at least one project should have been of 100 kW or higher capacity.
Alternatively, bidders should have executed an industrial project in the last ten years either as developers or EPC contractors in power, oil and gas, petrochemical, fertilizer, cement, and coal mining or any other process industry with an estimated value of ₹40 million (~$484,575) or more in a single project.
The project should be operational for at least one year before the bid opening date.
In addition to the above criteria, the bidders should have executed at least one electrical substation of 11 kV or above, comprising equipment of 11 kV or above voltage level circuit breakers and power transformers. The work should be in operation for at least one year before the bid opening date.
The net worth of the bidders in the preceding financial year should not be less than 100% of their paid-up share capital.
The bidders’ average annual turnover will also be considered for the financial evaluation based on the project capacity and the cost at which they offer bids.
In October this year, NVVN invited bids to develop two solar projects of 10.5 MW each on the land provided by the Bhopal Municipal Corporation in the Neemuch district of Madhya Pradesh.
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