Indian Oil Floats EPC Tender for a 1.2 MW Captive Solar Project in Gujarat
The last date to submit the bids is May 27, 2022
May 3, 2022
Indian Oil Corporation Limited (IOCL) has invited bids for the engineering, procurement, and construction (EPC) of a 1.2 MW grid-connected captive solar project with a net metering facility at its LPG bottling plant at Sanand in the Ahmedabad district of Gujarat.
The successful bidder will also have to take care of the comprehensive operation and maintenance of the project for five years.
The project’s estimated value is ₹58.98 million (~$770,869).
The last date to submit the bids is May 27, 2022. Bids will be opened on May 30.
Bidders will have to submit a bid security declaration to participate in the bidding process.
Within 15 days from the date of issuance of the letter of award, the successful bidder should furnish a security deposit for 10% of the work order value in the form of a bank guarantee toward contract performance guarantee for the commissioning of the project’s full capacity.
Bidders should have completed three similar works, with each costing not less than ₹16.92 million (~$221,144), or two similar works with each costing not less than ₹22.55 million (~$294,729), or one similar work costing not less than ₹28.19 million (~$368,443) during the last five years.
The bidders’ annual turnover during any of the last three financial years should be at least ₹33.83 million (~$442,158).
Bidders should use indigenous manufacturing facilities, construction expertise, and products of Indian origin to the extent possible.
The solar modules offered should not degrade more than 2.5% for the first year and not more than 0.7% from the second year of its rated power. During the first ten years and the entire life span of 25 years, the solar modules should not degrade more than 10% and 20% of their rated power, respectively.
The peak power rating of the solar modules should not be less than 330 Wp under standard test conditions. The efficiency of the modules should not be less than 16.5%, and the fill factor should be at least 0.75%.
The solar modules should perform satisfactorily in relative humidity up to 85% ± 5% with operating temperatures between -10°C & +85°C and withstand wind speeds of 180 kmph.
Last October, IOCL invited bids to install and commission a 1 MW grid-connected solar project for its hydrogen production and dispensing station for refueling hydrogen in Faridabad.
Earlier, IOCL had invited bids to empanel vendors to develop solar projects at its locations and retail outlets across India. The scope of work included the design, engineering, testing, supply, packing, transportation, storage, installation, and commissioning of the project.
According to Mercom’s India Solar Tender Tracker, IOCL has so far floated tenders for 47 MW of solar projects.
Image credit: Nikhil B, CC BY 3.0, via Wikimedia Commons