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					</table><p>Solar Energy Corporation of India (<a href="https://www.seci.co.in/" target="_blank" rel="noopener">SECI</a>) has invited bids for designing, engineering, testing, and commissioning a 300 MW ground-mounted solar project at Ramagiri in Andhra Pradesh.</p>
<p>The scope of work includes operating and maintaining the solar project for five years after being commissioned.</p>
<p>The project must be commissioned within 12 months from the award notification date.</p>
<p>Bidders must furnish an Earnest Money Deposit of ₹89 million (~$1 million). They must pay a tender processing fee of ₹25,000 (~$305.4).</p>
<p>The last date to submit the bids is May 26, 2023, and the bids will be opened on the same day.</p>
<p>Bidders must submit the performance bank guarantee as specified in the tender document.</p>
<p>The successful bidder must procure solar inverters from Class I local suppliers. Class I local suppliers provide goods, services, or works with local content equal to or over 50%.</p>
<p>The bidder must have experience in executing engineering, procurement, and construction (EPC) of ground-mounted solar projects on a turnkey basis, including the design, supply of modules or inverters, installation, and commissioning of the grid-connected solar project of not less than 120 MW in the last seven years. The projects executed must have been operational for six years.</p>
<p>Also, the bidder must have successfully executed two grid-connected solar projects, each of 30 MW capacity or above, in the last seven years.</p>
<p>The bidder must have experience installing ground-mounted solar projects as a developer of grid-connected solar projects of at least 120 MW in the last seven years. They must also have executed two grid-connected solar projects of 30 MW each.</p>
<p>In the last ten years, the bidder must have executed an industrial project worth ₹7.95 billion (~$97 million) either as a developer or as an EPC contractor in diverse sectors, including power, steel, oil, and gas, among other process industries. The project should have been operational for a year.</p>
<p>The minimum average annual turnover of the bidder in the last three financial years should be ₹1.7 billion (~$22 million). This must be the individual company’s turnover and not that of any group of companies.</p>
<p>Per the last audited financial statement, the bidder should have a minimum working capital of ₹1.11 billion (~$13.6 million). If the bidder’s working capital is inadequate, the bidder should supplement this with a letter from their bank, having a net worth of not less than ₹5 billion (~$61.1 million).</p>
<p>Recently, Amp Energy India, ReNew Vikram Shakti, Hero Future Energies, and ACME Cleantech Solutions <a href="https://www.mercomindia.com/amp-energy-renew-hero-2-gw-hybrid-tender" target="_blank" rel="noopener">bagged</a> SECI’s tender for developing 1,200 MW of interstate transmission system-connected wind-solar hybrid power projects (tranche-VI) with energy storage and assured peak power supply across India.</p>
<p>Last month, SECI <a href="https://www.mercomindia.com/seci-floats-2-gw-solar-projects-in-india" target="_blank" rel="noopener">issued</a> a tender for selecting solar power developers to set up 2 GW inter-state transmission system ISTS-connected solar projects (tranche XI) in India.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gourav-mishra/" class="vcard author" rel="author"><span class="fn">Gourav Mishra</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="50" /></p>
<p><strong style="text-decoration: underline">Gourav,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav.</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="89" height="102" /><a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">Gourav</a> is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master&#8217;s in journalism from Jain University, Bengaluru. <a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav Mishra</a></div>
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SECI Invites Bids for 300 MW Solar Project in Andhra Pradesh

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