Gujarat Urban Development Company Invites bids for 2 MW Solar Projects

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The Gujarat Urban Development Company (GUDC) has invited bids to commission 2,027.78 kW solar projects across six urban local bodies in Gujarat.

The projects’ estimated cost is ₹154.64 million (~$1.9 million). The projects must be commissioned within three months of issuing notice to proceed.

GUDC intends to set up 627.48 kW at Mansa, 300 kW at Idar, 99.9 kW at Prantij, 475 kW at Bhuj, 425.52 kW at Gandhidham, and 99.9 kW at Mandvi Rural.

Developers must provide five years of comprehensive operation and maintenance services.

The last date to submit the bids is February 14, 2023. Bids will be opened on February 21.

Bidders for projects in Mansa, Idar, and Prantij must submit an earnest money deposit (EMD) of ₹785,658 (~$9,625), while those bidding for projects in Bhuj, Gandhidham, and Mandvi Rural must submit an EMD of ₹760,714 (~$9,319).

Selected bidders of Mansa, Idar, and Prantij projects must submit a security deposit of ₹2.86 million (~$35,037) within 15 days from the letter of intent. Further, ₹1.78 million (~$21,806) will be deducted from each bill as retention money during the EPC period.

Selected bidders for Bhuj, Gandhidham, and Mandvi Rural projects must submit a security deposit of ₹2.77 million (~$33,934) within 15 days from the letter of intent. A total of ₹1.72 million (~$21,071) will be deducted from each bill as retention money during the EPC period.

Eligibility Criteria for Mansa, Idar, and Prantij projects

Bidders must have completed solar projects totaling 2,000 kW or more in India in the past seven years. These projects must include at least one of 822 kW or larger capacity, two with 513 kW or larger capacity, or three with 410 kW or larger capacity.

In addition, bidders must provide documentation showing that they have achieved targeted performance generation for at least one solar project of 513 kW or larger in India, which has been operational for at least one year and certified by the owner.

Bidders should have an average annual turnover of at least ₹39.28 million (~$481,213) in the last five financial years. Their net worth must be positive for at least two of the last three financial years.

They must submit a solvency certificate of at least ₹15.71 million (~$192,461) from a bank for the current calendar year.

Eligibility Criteria for Bhuj, Gandhidham, and Mandvi Rural projects

Bidders must have completed solar projects totaling 2,000 kW or more in India in the past seven years. These projects must include at least one with 800 kW or larger capacity, two with 500 kW or larger capacity, or three with 400 kW or larger capacity.

They must provide documentation showing that they have achieved targeted performance generation for at least one solar project of 500 kW or larger in India, which has been operational for at least one year and certified by the owner.

Bidders should have an average annual turnover of at least ₹38 million (~$465,532) in the last five financial years. Their net worth must be positive for at least two of the last three financial years.

They must submit a solvency certificate of at least ₹15.21 million (~$186,362) for the current calendar year.

Developers must use models and manufacturers included in the latest Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy.

In December, GUDC invited bids to select a consultant to develop 150 MW of solar power projects under the captive model to cover the energy demands of urban local bodies in the state.

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