THDC Issues Consultancy Tender for Floating Solar Projects in Maharashtra

The last date for submission of bids is December 26, 2023


THDC India has issued a request for proposals from consultants and expert agencies to create a feasibility report to set up floating solar power projects on reservoirs in the Godavari Marathwada region of Maharashtra.

The last date for submission of bids is December 26, 2023. Bids will be opened on the same day.

Bidders must submit an earnest money deposit (EMD) of ₹123,000 (~$1,474.9).

For bidders registered as micro and small enterprises in India, the EMD will not be applicable.

They must also provide a performance security, equivalent to 10% of the contract price (including GST), at least seven days before signing the contract, which must occur within 30 days of issuing the letter of award.

Bidders must familiarize themselves with local conditions at their own expense and consider these factors when preparing their proposals. It is recommended that bidders visit the project site and attend the pre-bid conference to gather information on the local conditions before submitting their proposals.

Bidders must be private, public, or government-owned entities. Joint ventures or consortia are allowed, but the maximum number of constituents or partners, including the lead partner, is restricted to two.

The average annual financial turnover of the bidders must be not less than ₹3.7 million (~$44,371), including GST, over the last three financial years, concluding on March 31 of the previous financial year (ending March 2023).

The net worth of the bidders should be at least 100% of their paid-up share capital as of the last day of the preceding financial year.

Bidders must have at least three years of experience offering consultancy services related to pre-feasibility studies or detailed project reports (DPR) for floating or ground-mounted solar power projects within or outside India.

They should have completed at least two pre-feasibility reports or DPR for grid-connected floating solar power projects with an installed capacity of not less than 10 MW. These reports must have been submitted to the client and accepted within the last seven years before the date of the tender’s publication.

In July this year, THDC India invited bids to empanel consultants to acquire land to develop 2,000 MW ultra-renewable energy parks in Rajasthan under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Program.

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