SJVN Green Energy Invites Bids for 1.4 GW of Solar Modules
The last date for the submission of bids is November 30, 2023
SJVN Green Energy, a subsidiary of SJVN, has invited bids for the manufacture and supply of solar photovoltaic modules of a total of 1.465 GW capacity for solar power projects to be installed in various states.
The last date for the submission of bids is November 30, 2023. Bids will be opened the same day.
The modules are to be installed at the following locations:
Bidders have to submit earnest money deposits for each project as under:
Bidders must submit a quotation for the projects based on their eligibility requirements. Each individual bidder will not be allocated more than 572 MW of capacity.
The delivery period for solar modules for each project is 45 days, starting from the date of the Letter of Acceptance issuance.
Bidders have to submit ₹5900 (~$70.86) as the cost of the bid document.
If bidders quote a combined capacity of 572 MW or more for a combination of projects, the total EMD will be ₹288.3 million (~$3.4 million).
Bidders must have a track record of manufacturing and supplying modules with a cumulative capacity of 30 MW or more over the last seven years.
At least one of these supply orders should be for a capacity of 10 MW or more.
Only supply orders with a minimum capacity of 5 MW or more will be considered when determining the cumulative capacity.
The annual average turnover of the bidders for the last three financial years should be at least ₹7.6 million (~$91,282)/MW for the total quoted capacity or an equivalent value in foreign currency.
Their net worth must be positive in the most recent financial year and in at least two out of the three preceding financial years.
Recently, SJVN Green Energy emerged as one of the successful bidders in SECI’s auction of 1.2 GW of ISTS-connected wind power projects (Tranche XIV).
Earlier, MNRE had designated SJVN as the implementing agency responsible for floating tenders for renewable energy projects. It will also act as the intermediary procurer of power and work with other agencies to avoid concurrent bids.
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