NTPC Renewable Energy Limited (NTPC REL) has invited bids for a balance of system (BoS) package with land for 300 MW of inter-state transmission system (ISTS)-connected solar projects to be set up anywhere in India.
The last date to submit bids is March 4, 2022. Bids will be opened on the same day. The pre-bid meeting will take place on February 18.
Bidders quoting for capacity between 50 MW and 110 MW should submit ₹20 million (~$268,148) as a bid security deposit. From 120 MW to 230 MW, the bid security amount is ₹50 million (~$670,371) and ₹100 million (~$1.33 million) for 240 MW up to 300 MW.
The scope of work includes identification, acquisition, and transfer of ownership or lease of land in favor of NTPC Renewable Energy. In addition, the successful bidder will be responsible for all engineering, procurement, and construction (EPC) works to develop solar projects with power evacuation systems, excluding solar modules supply.
After commissioning these projects, the successful bidder must provide three years of comprehensive operation and maintenance service, including switchyard and power evacuation systems.
To participate in the competitive bidding process, bidders must have installed and commissioned BoS of a total of 40 MW of grid-connected solar projects. Of this, one project should be of 10 MW or above and have been in operation for a minimum of six months before the date of techno-commercial bid opening.
Alternatively, bidders should be a developer of grid-connected solar projects and must have installed a total of 40 MW or above capacity. One project should have a capacity of 10 MW or above and have been in successful operation for at least six months before the date of the techno-commercial bid opening.
In the last ten years, bidders must have executed an industrial project as a developer or EPC contractor in the power, steel, oil and gas, petrochemical, fertilizer, cement, or coal mining sector. The value of a single project should be equal to or higher than ₹1.1 billion (~$14.72 million), and the project must be in successful operation for at least a year before the date of techno-commercial bid opening.
Bidders should have completed at least one electrical substation of 33 kV or above voltage level, consisting of power transformers and circuit breakers.
The minimum average annual turnover of the bidder must not be less than ₹1.1 billion (~$14.72 million) in the last three financial years. Bidders’ net worth should not be less than 100% of their paid-up share capital in the previous financial year.
Earlier this month, NTPC REL invited bids for a BoS package with land for up to 1,000 MW of ISTS-connected solar projects to be set up anywhere in India.
Last month, the company invited bids for a BoS package for 325 MW of solar projects located at Shajapur Solar Park, Madhya Pradesh.
According to Mercom’s India Solar Tender Tracker, NTPC has invited bids for BoS packages of 2,060 MW of solar projects to date.