Power Grid Corporation of India (POWERGRID), a public sector enterprise under the Ministry of Power, has invited bids for a 1.07 MW rooftop solar project at the National Institute of Technology (NIT) Durgapur in West Bengal.

This project is a part of POWERGRID’s corporate social responsibility initiatives.

Bids must be submitted by February 13, 2025. Bids will be opened on the same day.

Bidders must submit an earnest money deposit of ₹1.045 million (~$12,650) and a performance guarantee of 5% of the contract price, valid for the contract period plus 90 days.

The contract period is four months from the award date, with a 12-month defect liability period post-commissioning.

Selected bidders must design, supply, install, commission, and maintain the solar project.

They must maintain the project for five years. They must also submit energy usage and performance reports quarterly.

Bidders must be Class-I local suppliers with at least 50% local content.

Bidders must have completed three similar projects with at least 250 kW cumulative capacity, two similar projects with a minimum capacity of 500 kW each, or one similar project with a minimum capacity of 750 kW.

They must have a minimum average turnover of ₹78.3 million (~$947,330) in the last five financial years. They must also have liquid assets of ₹13.1 million (~$158,670) and a positive net worth for the past three financial years.

Bidders must comply with the Approved List of Models and Manufacturers for solar components.

Recently, POWERGRID won two projects from REC Power Development and Consultancy to establish an interstate transmission system and augment substation capacity in Gujarat and Karnataka.

Earlier this year, POWERGRID established a joint venture with Rajasthan Rajya Vidyut Prasaran Nigam to develop Rajasthan’s intrastate transmission system.

In December 2024, POWERGRID raised ₹42.5 billion (~$514.04 million) via bonds on a private placement basis.

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