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<p>The <a href="https://www.bcpcl.org.bd/" target="_blank" rel="noopener">Bangladesh-China Renewable Energy Company</a> has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar power project on a turnkey basis at Sirajganj Solar Park in Bangladesh. The contract will also include the development of a 132 kV double circuit transmission line with a substation bay.</p>
<p>The Bangladesh-China Renewable Energy Company is a joint venture between the North-West Power Generation Company (a subsidiary of the Bangladesh Power Development Board) and China National Machinery Import and Export Corporation.</p>
<p>The last date to submit the bids is September 27, 2021. Bids will be opened on the same day. The pre-bid meeting will be held on August 24.</p>
<p>The project should be completed within 540 days from the effective date of the contract. The successful bidder will have to furnish an amount of $1.5 million as a performance bank guarantee.</p>
<p>The bidder should have experience in the role of a contractor for at least seven years before the bid submission date. The bidder should have executed at least two solar projects outside the bidder’s own country, each with a minimum capacity of 50 MW within the last five years. The said project should have been in operation for at least one year before the bid opening date.</p>
<p>To participate in the bidding process, the bidder’s minimum average annual turnover should be $100 million during the last three financial years. The bidder’s financial resources must meet or exceed the total requirement of $30 million for the project.</p>
<p>In June last year, the Asian Development Bank <a href="https://mercomindia.com/adb-invests-in-35-mw-solar-project-bangladesh/" target="_blank" rel="noopener">signed</a> a deal with Spectra Solar Park Limited to invest $17.7 million in a 35 MW utility-scale solar project in Bangladesh. Once operational, the project will provide 50 GWh of clean power to the national grid and offset 33,200 tons of carbon annually. Earlier, ADB had <a href="https://mercomindia.com/adb-assistance-bangladesh-off-grid-solar/" target="_blank" rel="noopener">announced</a> that it would give a $20 million (~₹1.5 billion) loan to Bangladesh under its Power System Efficiency Improvement Project for the expansion of off-grid solar solutions in the country.</p>
<p>Earlier, Bangladesh had <a href="https://mercomindia.com/bangladesh-develop-solar-project-chattogram/" target="_blank" rel="noopener">awarded</a> a 55 MW solar power project to a consortium led by Metito Group together with Jinko Power and AlJomaih Group. The project is being developed on a build-own-operate basis under a 20-year concession agreement.</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/rakesh-ranjan-parashar/" class="vcard author" rel="author"><span class="fn">Rakesh Ranjan</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/2022/02/Rakesh-Headshot-crop-2.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Rakesh Ranjan,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener">More articles from Rakesh Ranjan.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="77" height="102" /><a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener"><strong style="color: #00b451">Rakesh Ranjan</strong></a> is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). <a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" rel="noopener noreferrer">More articles from Rakesh Ranjan.</a></p>
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Bangladesh Floats EPC Tender for a 68 MW Solar Project

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