SJVN’s Subsidiary Invites Bids for Supply of Solar Modules for 1.96 GW Projects

The last date for the submission of bids is March 11, 2024


SJVN Green Energy, a wholly owned subsidiary of SJVN, has invited bids for the manufacturing and supply of solar modules of a 1,960 MWdc capacity to be used in solar power projects to be installed in various states of India.

Projects 1 and 2 will have a capacity of 700 MWdc each, while Projects 3 and 4 will have a capacity of 280 MWdc each.

The last date for the submission of bids is March 11, 2024. Bid openings will be notified to techno-commercially qualified bidders later.

Bidders have to pay ₹5,900 (~$71.07) as cost of the bid document.

Bidders must adhere to eligibility criteria when quoting for projects without splitting them. The maximum capacity assigned to a single bidder should not exceed 700 MW.

Bidders must have a track record of manufacturing and supplying solar photovoltaic modules with a cumulative capacity of 30 MW or more in the seven years leading up to the month preceding the tender issuance.

Additionally, at least one supply order within this period should be for modules with a capacity of 10 MW or more.

Only supply orders with a minimum capacity of 5 MW or more will be considered.

Bidders must provide evidence of in-house manufacturing capabilities for solar modules, including relevant registration and certification documents. Submission of the letter of award, purchase order, agreement, or supply order, along with a certificate confirming successful completion issued by the client, is mandatory.

They must demonstrate an annual average turnover of ₹3 million (~$36,137)/MW for the total quoted capacity for the last three financial years.

The net worth of the bidders must be positive in the immediately preceding financial year. Additionally, they should have had a positive net worth in at least two out of the three preceding financial years.

Recently, SJVN Green Energy invited bids for the construction of 132 kV transmission lines, including bays, for its 125 MW Jamui Phase-I solar project and 75 MW Banka solar project in Bihar.

In January, SJVN secured a ₹100 billion (~$1.2 billion) construction financing facility to fund its upcoming renewable energy projects in a first-of-its-kind transaction by a public sector undertaking.

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