Soshe Power Wins EPC Contract for Indian Oil’s 1 MW Solar Project in Haryana
The total contract value quoted by Soshe Power is ₹50.3 million
July 29, 2024
Soshe Power Tech, a Hyderabad-based solar power developer, has secured an engineering, procurement, and construction (EPC) contract from Indian Oil Corporation (IOC) for a 1 MW grid-connected open access captive solar power project at IOC’s Northern Region Pipelines in Kurukshetra, Haryana.
The scope of the contract includes the commissioning of the project and one year of comprehensive operation and maintenance (O&M) services , with an additional nine years of extended O&M support.
The total contract value quoted by Soshe Power is ₹50.3 million (~$600,000) for the EPC and O&M works.
The tender for this project was floated in April of this year. Soshe Power is tasked with completing the project within seven months from the issuance of the work order.
Established in 2019, Soshe Power recently completed a 10 MW single-axis tracker EPC project in Assam and a 2 MW rooftop solar project in Kerala. Additionally, they commissioned a 1.9 MW ground-mounted project for Hindustan Petroleum Corporation in Karnataka.
Currently, Soshe Power is developing a 750-kW floating solar project in Bhavnagar, Gujarat, alongside a 2.4 MW rooftop project and a 1.3 MW project for industrial clients.
Earlier this year, IOC invited bids for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh.
Late last year, IOC also sought bids for the O&M of an existing 1.1 MW solar power project located at the Indane Bottling Plant in Devanagonthi village, Bengaluru Rural district, Karnataka.
In another project, Soshe Power won an EPC contract from Hindustan Petroleum Corporation for a 1.9 MW solar power project to be developed at Hiriyur in Karnataka. This project also includes a ten-year operation and maintenance agreement.
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