Gujarat Transmission Corporation Invites EPC Contractors for 250 MW Solar Project

The Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for 250 MW of solar power projects ranging between 20 MW to 60 MW at substations of Gujarat Energy Transmission Corporation Limited (GETCO). The tender is for the design, engineering, supply and procurement, construction, operation and maintenance of the 250 MW SPV projects.

The bid submission deadline is August 31, 2019, and the technical bids will be opened on the same date. The date of the financial bid opening will be announced later. The commissioning dateline is six months.

The Earnest Money Deposit (EMD) in the form of bank guarantee is ₹400,000 (~$5,654)/MW and is valid for 120 days from the date of opening the technical bids. The security deposit and the performance bank guarantee will be 10% of the EPC contract value to be submitted within seven days of the acceptance of the letter of intent (LoI). For the operation and maintenance bank guarantee, 5% of the EPC contract value must be submitted upon the completion and acceptance of the performance guarantee.

Technical prerequisites of the bid entail that the bidder must have experience in design, supply, installation, commissioning and operation of a cumulative installed capacity equivalent to 66% of the total bid capacity.

The bidder will have to quote the net electrical energy generation guarantee (NEEGG) for ten years at the metering point.

In the Gujarat state’s budget announced for the current financial year 2019-2020, a recalibrated target of 30 GW of renewable capacity by 2022 has been announced. This target includes both solar and wind, and out of this targeted capacity, 20 GW will be specifically for the state while 10 GW will be for projects tendered by the national implementing agencies.

According to Mercom’s India Solar Project Tracker, Gujarat has an installed solar capacity of ~2.1 GW with nearly ~1.1 GW of solar projects under various stages of development.

Recently, the Gujarat Urja Vikas Nigam Limited had floated two solar tenders for a total capacity of 950 MW. Both the tenders were for projects to be developed in the state’s solar parks.

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