NTPC Invites Bids to Develop 176 MW of Solar Projects in Telangana

The last date for the submission of bids is October 20, 2023

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NTPC has invited bids for the implementation of a 120 MW ground-mounted and a 56 MW floating solar project at NTPC Ramagundam Super Thermal Power Plant in Telangana.

The scope of work encompasses the construction of both ground-mounted and floating solar installations, as well as the establishment of a power evacuation system, which includes the procurement and installation of PV modules within the specified area.

The last date for the submission of bids is October 20, 2023. Bids will be opened on the same day.

The successful bidder also has to provide three years of operation and maintenance services for the solar project and an annual maintenance contract for essential equipment.

The cost of the bidding document is ₹22,500 (~$270), and bidders have to submit an earnest money deposit of ₹100 million (~$1.2 million).

Bidders must have experience in designing, supplying, erecting, and commissioning solar photovoltaic grid-connected power projects with a total capacity of 40 MW or more.

One of these projects must have had a capacity of 10 MW or higher and operate successfully for at least six months before the date of the technical and commercial bid opening.

Alternatively, bidders should have developed grid-connected solar projects with a cumulative capacity of 40 MW or higher, including at least one project with a capacity of 10 MW or more, which has been in successful operation for at least six months before the bid opening.

Additionally, in the last ten years, bidders should have completed an industrial project in the power, steel, oil and gas, petrochemical, fertilizer, cement, coal mining, or any other process industry, either as a developer or EPC contractor, with a value of at least ₹2.25 billion (~$27 million).

This project should have been in successful operation for at least one year before the date of the technical and commercial bid opening.

Bidders should also have executed at least one electrical substation with a voltage level of 33 kV or higher, containing equipment like 33kV or higher circuit breakers and power transformers, as a developer or EPC contractor. The substation should have been in operation for at least one year before the bid opening.

The average annual turnover of the bidders for the three most recent financial years must not be less than ₹2.25 billion (~$27 million).

Their net worth as of the last day of the preceding financial year should be equal to or greater than 100% of the bidder’s paid-up share capital.

Earlier, NTPC Renewable Energy had issued an invitation for bids for the design, engineering, manufacturing, supply, installation, and commissioning of a 250 MW/500 MWh grid-connected standalone battery energy storage system near Fatehgarh-III ISTS substation in Rajasthan.

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