RBI Subsidiary Seeks Consultants for Rooftop Solar Systems at Its Facility in West Bengal

Listen to this article

Bhartiya Reserve Bank Note Mudran (BRBNMPL), a wholly-owned subsidiary of the Reserve Bank of India (RBI), has invited bids for consultancy services to set up grid-connected rooftop solar systems at its facility in Salboni, West Bengal.

The estimated project cost is ₹350,000 (~$4,391).

The last date to submit the bids is October 14, 2022. Bids will be opened the same day.

Bharatiya Reserve Bank Note Mudran produces banknotes for RBI and manages two printing presses – one in Mysuru, Karnataka, and the other at Salboni in West Bengal.


Bidders must submit ₹7,000 (~$87.84) as an earnest money deposit (EMD). Micro and small enterprises (MSEs) are exempted from paying the EMD.

The successful bidder will have to submit an amount equivalent to 3% of the contract value as a security deposit within 21 days of the issuance of the award notification.

The consultant should prepare a detailed feasibility study report, design, and layout of the solar power projects at all sites per the Ministry of New and Renewable Energy (MNRE) specifications, including all civil, structural, electrical, and other related works.

The consultant must submit the completed report within 45 days of receiving the letter of award.

Any bidder from a country that shares a land border with India will be eligible to bid in this tender.

Bidders should have executed three similar works, each costing not less than 40% of the estimated work value, equivalent to ₹140,000 (~$1,756), or two similar works, each costing not less than 50% of the estimated value, equivalent to ₹175,000 (~$2,195) or one similar work costing not less than 80% of estimated value, equivalent to ₹280,000 (~$3,513) in the last five years.

The average annual financial turnover of bidders during the last three financial years should be 30% of the estimated work value, equivalent to ₹105,000 (~$1,317) or more.

The net worth of bidders should not be negative and should not have eroded by more than 30% year-on-year in the last three years as of the last date of the previous financial year.

If the successful bidder fails to deliver the services on time, BRBNMPL will deduct from the contract price, as liquidated damages, a sum equivalent to the 0.5% percent of the services contract price for each week of delay, subject to a maximum of 10% of the delayed services contract price.

Benefits and facilities applicable to MSEs will be available. Of the 25% purchase preference for MSEs, 3% has been reserved for women-owned MSEs, and 4% has been earmarked for SC/ST-owned MSE firms.

‘Class-I local suppliers’ will get purchase preference provided the quoted price falls within the margin of price preference, i.e., within L1 + 20%. ‘Class I local suppliers’ are those suppliers or service providers whose goods, services, or works have local content equal to or more than 50%.

In March this year, BRBNMPL invited bids to design, supply, test, install and commission a 1 MW ground-mounted solar project without a battery bank in its premises in Mysuru.

Subscribe to Mercom’s India Solar Tender Tracker to stay on top of tender activity in real time.