Bharat Heavy Electricals (BHEL) has issued a tender for 1.6 MW solar photovoltaic projects at its Heavy Plates and Vessels Plant in Visakhapatnam, Andhra Pradesh. The project comprises a 1 MW capacity for the factory and 0.6 MW for the township, both with net metering arrangements.

The last date for bid submission is July 12, 2024. Bids will be opened on the same day.

The selected solar power developer will design, build, own, operate, and maintain the project for 25 years under a power purchase agreement with BHEL. It will be built on a build, own, operate, and maintain basis.

BHEL will give the land for the project free of cost to the developer on a right-to-use basis.

Bidders must submit an earnest money deposit of ₹2 million ($24,400).

Bidders must be companies incorporated in India or foreign companies forming an Indian subsidiary. They must have experience in establishing and operating ground-mounted solar plants of at least 2 MW capacity.

The minimum net worth of bidders must be ₹25 million ($312,000) as of the financial year (FY) 2021-22 or 2022-23. A minimum annual turnover of ₹10 million ($120,000) in FY 2022-23 or FY 2023-24 is required.

The bidders’ profit before depreciation, interest, and taxes must have been at least ₹2 million ($24,000) in FY 2022-23 or FY 2023-24.

Earlier, BHEL invited bids for supplying and commissioning grid-connected power conditioning units for a 300 MW floating solar power project at Rengali, Odisha.

In January, the company invited bids from project developers to set up a 5 MW ground-mounted solar power project at its Ranipur facility in Haridwar.

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