SJVN Floats Tender for 70 MW of Solar Projects in Himachal Pradesh
The last date to submit the bids is November 1, 2022
October 4, 2022
SJVN Green Energy, a wholly-owned subsidiary of SJVN, has invited bids to install and commission 70 MW of grid-connected solar power projects in Himachal Pradesh.
The projects will be installed at three locations for a total of 70 MW, i.e., 30 MW at Kolar in the Sirmaur district (Unit I), 20 MW at Bhanjal and Kadh in the Una district (Unit II), and 20 MW at Bela in the Fatehpur district of Himachal Pradesh (Unit III).
The successful bidder will also have to take care of the project’s operation and maintenance (O&M) for three years.
The last date to submit the bids is November 1, 2022. Bids will be opened the same day.
The project’s engineering, procurement, and construction (EPC) must be completed within 510 days from the letter of award.
Bidders must furnish an earnest money deposit (EMD) depending on their bid capacity. For 20 MW (Unit-II or III) bid capacity, the bidders must submit an EMD of ₹12.9 million (~$158,471); for 30 MW (any one of Unit-I or II or III), the amount is ₹18.8 million (~$230,951); for 40 MW (Unit I or II or III), the amount is ₹25.8 million (~$316,938). For a bid capacity of 50 MW (any two of Unit-I and/or Unit-II and /or Unit-III), the EMD is ₹31.7 million (~$389,416).
To be eligible, bidders should have experience as EPC contractors or developers installing and commissioning grid-connected solar power projects with a cumulative installed capacity of 10 MW or higher. Out of which, at least one plant must be 4 MW or higher capacity. The reference project must have been operating for at least three months before the notice inviting tender date.
Alternatively, bidders should have executed an industrial project either as developers or as EPC contractors in the area of power, steel, oil & gas, petrochemical, fertilizer, coal mining, or any other process industry of a value of at least ₹17.9 million (~$219,220)/MW in a single project. The project should have been operating for at least six months before the notice inviting tender date.
Additionally, bidders should have executed at least one electrical substation of 33 kV or above voltage level, consisting of equipment such as voltage level circuit breakers and power transformers, either as developers or EPC contractors. The project should have been operating for at least six months before the date of the notice inviting tender.
The average annual turnover of bidders during the last three financial years should be at least ₹17.9 million (~$219,220)/MW. Their net worth in any two of the last three financial years should be positive.
They must have a working capital of at least ₹800,000 (~$9,797)/MW as of the last day of the preceding financial year.
The maximum allotted capacity to a single bidder will be 50 MW, i.e., a maximum of two units only.
In August this year, SJVN Green Energy invited bids for the design, engineering, construction, erection, testing, and commissioning of 100 MW grid-connected solar power projects in Punjab.
Earlier, SJVN had floated two tenders for land procurement to set up solar projects in Himachal Pradesh and Punjab.
According to Mercom’s India Solar Tender Tracker, SJVN has so far floated tenders for 1.9 GW of solar projects across the country.