The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for engineering, procurement, and construction (EPC) of a 60 MW solar project on a turnkey basis at Pabna, Bangladesh.
The Company is a joint venture between the North-West Power Generation Company, a subsidiary of the Bangladesh Power Development Board, and China National Machinery Import and Export Corporation.
The last date to submit bids is December 27, 2021. Bids will be opened on the same day. The pre-bid meeting will be held on November 23.
The scope of work includes the design, engineering, procurement, supply, installation, erection, testing, and commissioning of the 60 MW solar project. The successful bidder must also construct a 37 kilometer long 132 kV double circuit transmission line with substation bay extension on a turnkey basis.
The project should be completed within 540 days from the effective date of the contract. The successful bidder will have to furnish an amount of $1.5 million as a performance bank guarantee.
To participate in the competitive bidding process, the bidder should have experience as a contractor for at least seven years before the bid submission date. The bidder must have executed at least two solar projects outside his own country, each with a minimum capacity of 50 MW within the last five years. The said project should have been in operation for at least one year before the bid opening date.
In addition, the minimum average annual turnover of bidders must be $100 million during the past three financial years. The bidder’s financial resources must meet or exceed the total requirement of $30 million for the project.
In August 2021, BCRECL invited bids for the engineering, procurement, and construction of a 68 MW solar power project on a turnkey basis at Sirajganj Solar Park in Bangladesh.
Mercom had earlier reported that the Government of Bangladesh awarded a 55 MW solar power project to a consortium led by Metito Group, Jinko Power, and AlJomaih Group. The project is being developed on a build-own-operate (BOO) basis under a 20 years’ concession agreement.