Railways Invites Bids for 600 MW of Mono PERC Bifacial Solar Modules
The last date to submit the bids is April 25, 2023
March 23, 2023
IRCON Renewable Power (IRPL), a company incorporated by the Ministry of Railways, has invited bids for the supply of monocrystalline Passivated Emitter and Rear Contact (PERC) bifacial solar modules for 600 MW of solar power projects at Pavagada in Karnataka under the domestic content requirement (DCR) category.
The scope of work includes manufacturing, supply, packing, forwarding, and transportation to the Pavagada site, including inland transit insurance of mono PERC bifacial solar modules (530 Wp+ nominal rating) of DCR category to the Pavagada solar project in Karnataka.
The last date to submit the bids is April 25, 2023. Bids will be opened the following day.
The project’s estimated cost is ₹5.98 billion (~$72.37 million).
Bidders will have to submit ₹30.52 million (~$369.35) as an earnest money deposit.
Bidders should have previously manufactured and supplied solar modules of a cumulative capacity of 40 MW or above, out of which at least one such supply order should be for a project of 10 MW or above capacity.
The bidder should be a group company, holding company, or subsidiary of the module manufacturer.
Solar-based supply orders for rooftop, floating solar power projects, which are grid-connected, will also be considered eligible for qualification purposes.
The average annual turnover of bidders should not be less than ₹1.28 billion (~$15.49 million) during the last three completed 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.
If the bidder does not satisfy the annual turnover criteria on its own, its holding company would be required to meet the stipulated turnover requirements, provided that its net worth as of the last day of the preceding financial year should be equal to or more than the paid-up share capital of the holding company.
IRCON said up to 25% of tendered quantity would be procured from micro and small enterprises (MSEs). MSE vendors quoting within the lowest price band (L1) + 15% will be eligible for supply but subject to the acceptance of the L1 price.
If the L1 bidder is not an MSE, all the MSE vendors who quote within L1 + 15% will be allowed to match the L1 price.
Only Class-I Local Suppliers can bid under this tender. The local content requirement to categorize a bidder as Class-I local supplier is a minimum of 50%.
If the vendor fails to supply the required quantity within the stipulated date, liquidated damages equivalent to 0.5% of the undelivered solar modules price per week or part thereof, subject to a maximum of 5% of the total contract price, will apply.
In January this year, IRCON invited bids to hire a project management consultant for 500 MW grid-connected solar projects at Pavagada.
Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.