Coal India Issues Tender for Balance Works of 100 MW Solar Project in Gujarat
The last date for the submission of bids is October 24, 2024
September 27, 2024
Coal India (CIL) has issued a tender for the balance work on a risk and cost basis for a 100 MW grid-connected solar photovoltaic power project in Gujarat. The project is located at Bhadramali and Jabadia Village, Banaskata District.
The last date to submit the bids is October 24, 2024. Bids will be opened on October 27.
The scope of the work includes completing the balance work on an “as is where is” basis, utilizing supplied materials and executed work, and supplying and erecting the remaining components. The project must be commissioned within ten months from work commencement.
Successful bidders will also be responsible for operation and maintenance for five years.
The project’s estimated cost is ₹4.1 billion (~$49 million).
Bidders must furnish an earnest money deposit of ₹5 million (~$59,761).
For the first year, the minimum guaranteed energy generation is 253.2 million units and the minimum capacity utilization factor is 28.9%.
The bidders must have experience in completing similar projects within the last seven years, ending on the last day of the month before the bid invitation date.
The experience should meet one of the following conditions:
- Three similar completed projects, each with a capacity of at least 20 MW;
- Two similar completed projects, each with a capacity of at least 25 MW;
- One similar completed project with a capacity of at least 40 MW.
Similar work refers to the design, supply, installation, testing, and commissioning of solar photovoltaic grid-connected power projects, which may include installations such as ground-mounted,rooftop and floating solar projects.
Alternatively, similar work may involve executing grid-connected solar projects on a turnkey basis.
The bidders’ average annual turnover for the last three years, ending on March 31, 2024, must be at least 30% of the estimated cost of the tendered work.
Their net worth for each of the last three financial years, up to the financial year preceding the bid submission, must be positive.
Additionally, bidders must submit a certificate demonstrating adequate working capital, which should amount to at least 20% of the project’s annualized or estimated value, inclusive of access to lines of credit and other financial resources to meet project requirements.
Recently, Central Mine Planning & Design Institute (CMPDI) invited bids for the design, supply, installation, commissioning, and testing of grid-connected solar power projects with a cumulative capacity of 13 MW.
In August last year, CMPDI invited bids to implement a grid-connected 8.5 MW solar project for Central Coalfields.
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