Maharashtra State Power Generation Company (MAHAGENCO) has invited bids for the engineering, procurement, and construction (EPC) package for 600 MW of grid-connected solar projects along with the associated power evacuation system to the state transmission utility (STU) substation in Maharashtra.

The successful bidder must also oversee the project’s operation and maintenance (O&M) for three years.

Bidders can bid for a minimum capacity of 50 MW and a maximum capacity of 300 MW.

The last date to submit the bids online is October 31, 2023. Bids will be opened the following day.

Bidders must submit ₹100,000 (~$1,202)/MW of the quoted capacity as an earnest money deposit.

The successful bidder must furnish an amount equivalent to 10% of the contract value as a performance bank guarantee within seven days from the issuance of the letter of award.

Bidders should have designed, supplied, erected, and commissioned grid-connected solar power projects of a cumulative capacity of 30% of the quoted capacity, out of which at least one project should have been of 25 MW capacity. The reference project should have been operational for at least six months before the bid opening day.

The net worth of bidders as of the last day of the previous financial year should not be less than ₹2.5 million (~$30,038)/MW of the quoted capacity.

The average annual turnover of bidders should not be less than ₹25 million (~$300,378)/MW of the quoted capacity during the last three financial years as of the bid opening date.

MAHAGENCO has mandated the use of solar modules from the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy (MNRE).

The modules to be used in the project should not have been manufactured more than 12 months before the transfer of ownership to MAHAGENCO.

The manufacturer should warrant the output of solar modules for at least 90% of its rated power at the end of 12 years and 80% of its rated power at the end of 27 years from receipt of modules on the site.

In April this year, MAHAGENCO invited bids for installing and commissioning a 62 MW grid-connected solar power project with the associated high-tension overhead transmission line, underground cable, and electrical equipment in the Akola district of Maharashtra.

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