Hyderabad’s Housing Complex Invites Bids for 500 kW Rooftop Solar Project
The last date for the submission of bids is October 15, 2023
October 9, 2023
A residential complex, My Home Vihanga, in Hyderabad, has floated a tender to develop a 500-kW grid-connected rooftop solar power project in Gachibowli.
The project will fall under the Ministry of New and Renewable Energy’s (MNRE) rooftop solar grid-connected program facilitated by the Telangana State Renewable Energy Development Corporation (TSREDCO).
The last date for the submission of bids is October 15, 2023. Bids will be opened the next day.
My Home Vihanga Welfare Association said the power generated will primarily be used for internal purposes, with any excess power being supplied to the grid.
The scope of the project includes design, manufacture, supply, erection, testing, and commissioning, including ten years of comprehensive operation and maintenance of the project.
The project involves a rooftop solar project utilizing a net-metering system across 20 buildings, comprising ten blocks with 14 floors each, ten blocks with 17 floors each, and a six-floor clubhouse within its gated community.
Bidders must submit a non-refundable payment of ₹10,000 (~$120) as a bid processing fee. They must also furnish ₹500,000 (~$6,006) as an earnest money deposit.
The successful bidder must provide a performance bank guarantee amounting to 10% of the contract value, which should be submitted after receiving the letter of allocation (LoA).
The anticipated completion date for project commissioning will be 90 days from the date of issuing the LoA.
Bidders must have completed the installation and activation of a grid-connected solar project as part of the MNRE program. This project should have a capacity of one system with 200 kW or two systems with 100 kW each.
These installations should have been completed within the two years leading up to the bid opening date. Ideally, these installations should be in a residential complex located in Telangana.
Bidders must have installed and commissioned a combined capacity of at least 1 MW in grid-connected ground-mounted or rooftop solar projects anywhere in India over the past two years.
They should have been actively engaged in the solar power generation industry for a minimum of 5 years.
Bidders should be on the approved list of suppliers for grid-connected rooftop solar systems with a minimum capacity of 500 kW.
They should have an annual turnover of at least ₹30 million (~$360,406) in two of the three financial years immediately preceding the bid deadline.
Many residential complexes across India have turned to rooftop solar to meet their power needs.
Earlier this year, a condominium in Bengaluru went in for its third phase of rooftop solar by inviting bids to install 105 kW of capacity. The apartment complex claims to be saving ₹350,000 (~$4,262) a month on power bills after opting for rooftop solar.
Mercom recently reported how Kerala achieved an 18% growth in rooftop solar capacity between the second quarter (Q2) of 2022 and Q2 of 2023, with approximately ~276 MW of capacity installed.
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