The Assam Power Generation Corporation Limited (APGCL) has floated a tender for 25 MW of grid-connected solar projects at the Namrup Thermal Power Station.
Bidders must make an earnest money deposit of ₹20 million (~$275,900). The last date for the submission of bids is March 26, 2021. The project must be commissioned within one year from the date of issue of the letter of award.
The scope of work includes the design, engineering, procurement, supply, transportation, unloading, site development, construction, erection, installation, testing, and commissioning of the project. Selected bidders must also set up the required evacuation system at 33 kV voltage level up to the existing switchyard and provide comprehensive operation and maintenance services for five years.
To be eligible to participate in the competitive bidding process, applicants must have executed projects with a similar scope of work for a cumulative 20 MW of grid-connected solar projects in the last five years. At least one of these projects must be 10 MW or larger.
Applicants must have a minimum average annual turnover of ₹900 million (~$12.4 million) in the last three financial years. They must have an internal resource generation capacity of ₹125 million (~$1.7 million) as of March 31, 2020.
According to Mercom’s India Solar Tender Tracker, the APGCL has floated tenders for 70 MW of solar photovoltaic projects as of December 2020. Assam has about 190 MW of solar projects under development as of September 2020, according to Mercom’s India Solar Project Tracker.
Previously, the APGCL had invited expressions of interest from financial institutions for advancing a term loan to finance a 25 MW solar project at Namrup. The loan was to be used to meet the capital expenditure involved in the project.
Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai. More articles from Nithin.