ITI Limited, a state-owned telecommunications equipment manufacturer, has floated a tender for 1.2 MW of grid-connected rooftop or ground-mounted solar power projects with net metering at its Bengaluru facility.
Bidders must make an earnest money deposit of ₹340,000 (~$4,614). The last date for the submission of bids is March 21, 2021.
The scope of work includes the design, fabrication, supply, installation, testing, and commissioning of the projects at its site in Doorvani Nagar, Bengaluru. Selected bidders are required to provide five years of comprehensive operations and maintenance services for the projects.
The selected bidder must start installing the projects immediately after the work order is released. The project must be commissioned within eight months and produce at least 1.54 million units of electricity annually. A penalty of ₹6 (~$0.081)/kWh will be levied if there is a shortfall.
To be eligible to participate in the competitive bidding process, applicants must have completed three similar projects with a total capacity not less than 40% of the tendered capacity, two similar projects of at least 50% of the tendered capacity, or one similar project that is at least 80% of the tendered capacity in the last three years.
Bidders must have a minimum average annual turnover of ₹50 million (~$678,600) in the last three financial years and a positive net worth in at least one of them.
ITI Limited said that it would supply 1.2 MW of solar photovoltaic modules to the selected bidders at the proposed site.
Previously, ITI Limited invited bids to develop a 1.5 MW grid-connected solar power project at its manufacturing facility in the Raebareli district of Uttar Pradesh. Earlier, it floated a tender for the supply of 531,360 multicrystalline solar cells.
Mercom’s India Solar Tender Tracker provides subscribers real-time and periodic updates on all solar tenders issued by private and government agencies.
Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai. More articles from Nithin.