Tender Issued for 282 MW of Rooftop Solar Projects in Rajasthan
The last day to submit the bids is November 26, 2024
Rajasthan Renewable Energy Corporation (RREC) has invited bids to empanel developers to commission 282 MW of grid-connected rooftop solar projects on government buildings in the state.
The project must be commissioned within 12 months of receiving the letter of award.
The installers must also oversee the projects’ operation and maintenance for 25 years.
The last day to submit the bids is November 26, 2024. Bids will be opened on the next day.
Bidders must furnish an earnest money deposit (EMD) of ₹870,000 (~$10,311)/MW of quoted capacity. Small-scale industries of Rajasthan can furnish an EMD of ₹217,500 (~$2,577)/MW.
Selected bidders must submit a performance bank guarantee (PBG) equivalent to 3% of the order value. Small-scale industries in Rajasthan can furnish a reduced PGB equivalent to 0.5% of the order value.
Bidders should have designed, supplied, installed, tested, and commissioned at least one grid-connected solar project with a minimum capacity of 5 kW and cumulative capacity equal to or more than 10% of the quoted capacity in the last seven years.
Bidders must have a minimum net worth of ₹6 million (~$71,115)/MW of quoted capacity.
They should have a minimum average annual turnover of ₹10 million (~$118,526)/MW in the last three financial years.
The project must deliver a capacity utilization factor of at least 15%.
RREC has mandated the use of solar modules from the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.
If the installer fails to complete the work within the stipulated time, a penalty equivalent to 5% of the PBG value will be levied weekly, subject to a maximum of twenty weeks’ delay. RREC can cancel the power purchase agreement if the delay exceeds 20 weeks.
India added 1.1 GW of rooftop solar capacity in the first half of the 2024 calendar year, which is the highest half-yearly installation to date, according to Mercom India’s Q2 2024 India Rooftop Solar Market Report.
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