Indian Oil Corporation Limited (IOCL) has invited bids for providing consultancy services to set up a 2.25 MW solar project at its LPG bottling plant in Jabalpur. Consultants are required to help with the long-term open access and project registration with the renewable energy department of Madhya Pradesh.
The project’s estimated cost is ₹493,240 (~$6,367). The contract will be four months from the 15th day of the work order.
The last date to submit the bids is May 24, 2022. Bids will be opened the following day.
Bidders are not required to pay any earnest money deposit to participate in the tender.
Bidders will have to submit an amount equivalent to 3% of the work order value for 12 months without interest as a security deposit.
Compensation or liquidated damages will be levied on the work order value at 0.5% per week or part thereof, subject to a maximum of 10% of the value of the delayed work.
The contractor would be required to provide tax invoices as per the provisions of the current law and as per the proposed Goods and Services Tax to enable IOCL to avail the input tax credit of all applicable taxes.
The contractor should carry out works as per directions in the work order. The contractor should not change the specifications mentioned in the tender documents and the work order.
The contractor will be responsible for every part of the work and should rectify effectively any errors or imperfections. The contractor should bear the cost of rectification of the errors.
Recently, IOCL invited bids for the engineering, procurement, and construction of a 1.2 MW grid-connected captive solar project with a net metering facility at its LPG bottling plant in Gujarat.
Earlier, IOCL had invited bids to install and commission a 1 MW grid-connected solar project for its hydrogen production and dispensing station in Haryana.
According to Mercom’s India Solar Tender Tracker, IOCL has so far floated tenders for 47 MW of solar projects.
Rakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.