Gujarat Invites Bids for EPC of 75 MW Solar Project
The last date to submit bids is March 13, 2024
February 21, 2024
Gujarat Industries Power Company (GIPCL) has invited bids for engineering, procurement, construction (EPC), and operations and maintenance (O&M) for three years of a 75 MW grid-connected solar project near its Surat Lignite Power Plant.
The last date to submit bids is March 13, 2024.
The scope of work includes the development of the solar project along with associated power evacuation equipment to provide grid connectivity to Gujarat Energy Transmission Corporation’s 66 kV substation in a nearby village. GIPCL will provide 133 hectares of land near the lignite power plant.
The project’s expected commissioning date will be 330 days from the issuance of the letter of intent.
Bidders must submit an earnest money deposit of ₹30 million (~$361,600). The security deposit and performance bank guarantee will be equivalent to 10% of the EPC cost, while the O&M bank guarantee will be equivalent to 5% of the EPC cost.
The average annual turnover of the bidders for the last three financial years should be a minimum of ₹2 billion (~$24 million), and the net worth for the last financial year must be positive.
Bidders must have experience in constructing and commissioning solar projects with a cumulative installed capacity of 40 MW or higher. Out of this, at least one project should have a capacity of 10 MW or higher capacity and be operational for at least six months before the bid opening date.
GIPCL also invited bids for an EPC package with land for up to 500 MW of solar power projects anywhere in Gujarat.
In September, GIPCL invited bids for the supply of 750 MW of bifacial solar modules with a minimum wattage output of 540 Wp for a 600 MW solar power project at the Khavda Renewable Energy Park in Gujarat.
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