Indian Oil Invites Bids for 1.5 MW of Captive Solar Projects in Uttar Pradesh

The last date to submit the bids online is October 6, 2022

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Indian Oil Corporation (IOCL) has invited bids for engineering, procurement, and construction (EPC) of 1.485 MW of grid-connected captive solar power projects at its bottling plants in Uttar Pradesh.

The successful bidder will also have to take care of the comprehensive operation and maintenance of the projects for five years.

The scope of work includes the installation and commissioning of a 500 kW captive solar power project at the Kanpur bottling plant, a 300 kW captive solar power project at the Lucknow bottling plant, a 310 MW captive solar power project at the Gorakhpur bottling plant, a 275 kW captive solar power project at the Varanasi bottling plant, and a 100 kW captive solar power project at Trisundi bottling plant.

The projects must be completed within 15 months from the handing over of the site.

The last date to submit the bids online is October 6, 2022. Bids will be opened the following day.

Bidders are not required to pay any earnest money deposit to participate in the tender. The successful bidder must submit an amount equivalent to 3% of the work order value as a contract performance guarantee.

Bidders should have executed one similar work of value not less than ₹36.3 million (50% of the work order value), two similar works of value not less than ₹29.1 million each (40% of the work order value), or three works of value not less than ₹21.8 million each (30% of the work order value).

The annual turnover of bidders during any of the last three financial years should be at least 60% of the estimated value of work under consideration.

The efficiency of the modules should not be less than 16% under standard testing conditions, and the peak power rating of the modules should not be less than 300 Wp.

Recently, IOCL invited bids from consultants for project management consultancy services to set up a 2.25 MW of grid-connected ground-mounted solar power project at its Liquefied Petroleum Gas (LPG) bottling plant in Jabalpur, Madhya Pradesh.

Earlier, IOCL had invited bids to empanel vendors to develop solar projects at its locations and retail outlets across India.

According to Mercom’s India Solar Tender Tracker, IOCL has floated tenders for 74 MW of solar projects to date.

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