Power Grid Corporation of India Limited (PGCIL) has invited bids for the transmission line package for the Gadag-Koppal 400 kV DC line, the extension of 400 kV Gadag power station, and the extension of 400 kV Koppal power station associated with the transmission program for the solar energy zone in Gadag (1,500 MW), Karnataka.
The last date to submit the bids is March 25, 2022.
The project must be completed within 15 months from the date of the issuance of the letter of award.
Interested bidders will have to submit an amount of ₹20 million (~$268,110) as bid security to participate in the bidding process.
Within 28 days of the award notification, the contractor should provide performance security, an amount equivalent to 10% of the contract price, with a validity up to 90 days beyond the defect liability period.
The contractor’s obligation will include the provision of all equipment and the performance of all services required for the design, the manufacture of the equipment, and the installation, completion, commissioning, and performance testing of the facilities per the procedures and specifications specified in the bidding document.
The contractor should acquire in its name all permits, approvals, and licenses from local, state, or national government authorities or public service undertakings in the country where the site is located that are necessary for the execution of the contract.
The contractor failing to complete the work on time will have to pay the employer a sum equivalent to 0.5% of the contract price as liquidated damages for such default.
PGCIL stated that the equipment to be supplied and installed and services carried out under the contract could have their origin in any country or firms other than those restricted by the Government of India from conducting business with and the firms with whom the business has been banned by the employer.
Recently, Project Eight Renewable Power Private Limited (Ayana Renewable Power) and SolarOne Energy Private Limited (Fortum) were declared winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW interstate transmission system (ISTS)-connected solar power projects (Tranche-X) in Karnataka. They were awarded the 600 MW capacity for the Koppal substation in the first auction and the remaining 600 MW capacity for the Gadag substation in the second auction
For the Gadag substation, Ayana won 300 MW solar capacity quoting a tariff of ₹2.35 (~$0.031)/kWh, and Fortum secured 300 MW capacity at ₹2.36 (~$0.032)/kWh.
For the Koppal substation, Ayana had won 300 MW solar capacity quoting a tariff of ₹2.36 (~$0.0316)/kWh, and Fortum 300 MW capacity at ₹2.37 (~$0.0317)/kWh out of the quoted 400 MW.
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