The Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for 185 MW of grid-connected solar projects ranging between 20 MW and 40 MW in capacity at various substations of the Gujarat Energy Transmission Corporation (GETCO).
The tender is for the design, engineering, supply and procurement, construction, operation, and maintenance of the projects. The scope of work includes the design, engineering, supply, procurement, construction, operation, and maintenance of these projects.
The cost of the project is projected at ₹7.4 billion (~$103.7 million). Interested bidders are to pay an earnest money deposit of ₹400,000 (~$5,602)/MW undertaken.
The last date for the submission of bids is February 28, 2020.
The target date for commissioning is ten months from the date of issue of the notice to proceed (NTP) for 20 MW of projects. For projects between 21 MW and 40 MW, the target is 11 months from the issue of NTP, and for projects above 40 MW, it is one year.
To be eligible to take part in the competitive bidding process, applicants must have prior experience designing, supplying, installing, commissioning, and operating a cumulative capacity of 66% of the total capacity it bids for.
The cumulative turnover of the applicant in the last three financial years must be at least ₹40 million (~$560,271) multiplied by the number of MW bid for, multiplied by 0.9, to be eligible to participate. The bidder is also expected to have a positive net worth.
Last year as well, Gujarat State Electricity Corporation had floated a tender for 250 MW of solar power projects ranging between 20 MW to 60 MW at substations of Gujarat Energy Transmission Corporation. The tender was for the design, engineering, supply and procurement, construction, operation, and maintenance of the 250 MW SPV projects.
Meanwhile, a few days ago, Gujarat Urja Vikas Nigam Limited (GUVNL) also issued a request for selection for the purchase of power from 500 MW of grid-connected solar projects (Phase VIII). The maximum tariff payable to the selected bidder has been set at ₹2.65 (~$0.037)/kWh.
Gujarat has so far installed approximately 2.35 GW of large-scale solar projects while 1.94 GW of projects are currently in the pipeline, according to Mercom India Project tracker.
Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai.