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Satna Municipal Corporation (SMC) in Madhya Pradesh has invited bids to set up ten charging stations for electric vehicles (EVs) at various locations in the city.
The successful bidder will be responsible for the maintenance activities of the project for the contract period of 20 years from the contract’s signing date.
The last date to submit the bids is September 20, 2022. Bids will be opened on September 22.
Bidders will have to submit ₹100,000 (~$1,250) as an earnest money deposit. The licensee should pay a security deposit equivalent to six months of the license fee.
The license fee quoted by the successful bidder and accepted by SMC will be escalated by 7% annually on a compounding basis, i.e., at the beginning of every anniversary during the agreement period as per the terms and conditions set out in the agreement. The selected bidder will be the bidder quoting the highest license fee.
SMC will provide the space for setting up charging stations at any feasible location in the city.
The contract will be for 20 years with a lock-in period of five years, after the letter of acceptance of the notice of award. After 20 years, SMC will invite fresh bids, and the operator already working with SMC will have the first right of refusal.
A land area of 75 square meters will be provided for setting up each EV charging station.
The operator must install DC-type EV chargers for 4-wheelers and 2-wheelers at the premises. SMC will not provide any subsidy for installing EV charging station infrastructure. The bidder can approach competent authority on their own to seek any such subsidy per available guidelines and rules (if any).
The details of the charging stations to be set up in the city are given below:
To be eligible, the bidders must have completed at least one assignment of similar nature during the last five years as of the last date of the month before the one in which bids have been invited.
Bidders should have a minimum average annual turnover of ₹5 million (~$62,509) during the last three financial years. Also, the net worth of bidders during the last financial year should be at least ₹500,000 (~$6,250).
In March this year, the Ministry of Heavy Industries announced that it had approved 2877 EV charging stations in 68 cities across 25 states and union territories under the second phase of the faster adoption and manufacturing of hybrid and electric vehicles (FAME-II) program.
Earlier, Raipur Smart City had issued a request for proposal (RfP) for installing EV charging stations at 25 locations in the city.
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Rakesh Ranjan 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). More articles from Rakesh Ranjan.