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					</table><p>Damodar Valley Corporation (<a href="https://www.dvc.gov.in/dvcwebsite_new1/" target="_blank" rel="noopener">DVC</a>) has invited bids to install and commission 10 MW of grid-connected solar power projects at its thermal powers station in Koderma, Jharkhand.</p>
<p>The successful bidder will also have to take care of the operation and maintenance of the project for ten years.</p>
<p>The last date to submit the bids is July 28, 2022. Bids will be opened on the same day.</p>
<p>Bidders will have to submit ₹5.272 million (~$67,406) as an earnest money deposit. The contractor should furnish an amount equivalent to 3% of the ordered value as a performance bank guarantee within 30 days from the letter of award.</p>
<p>The project must be commissioned within nine months from the letter of award.</p>
<p>Bidders should have as an engineering, procurement, and construction (EPC) contractor or as a developer designed, supplied, erected, and commissioned grid-connected solar power projects of a cumulative capacity of 5 MW or higher, out of which at least two projects should have been of 1 MW or higher capacity. The reference projects of 1 MW or higher capacity must have been in operation for at least six months before the bid submission date.</p>
<p>The reference grid-connected solar power project of 1 MW or higher capacity should be at a single location developed by the bidder for itself or any other client.</p>
<p>Bidders must have net working capital or access to credit facilities of ₹175.743 million (~$2.25 million) in the last financial year.</p>
<p>Their annual turnover for the best three financial years out of the last five financial years should not be less than ₹702.972 million (~$8.99 million).</p>
<p>Bidders must have a net worth of not less than 100% of the paid-up share capital as of the last day of the previous financial year.</p>
<p>In January, DVC <a href="https://mercomindia.com/damodar-valley-corporation-tender-12-mw-solar-project/" target="_blank" rel="noopener"> invited</a> bids from EPC contractors to set up a 12 MW grid-connected ground-mounted solar power project with associated systems, including the power evacuation system at the Koderma Thermal Power Station in Jharkhand.</p>
<p>Earlier, DVC had <a href="https://mercomindia.com/tender-issued-survey-solar-damodar-valley/" target="_blank" rel="noopener">invited</a> bids from consultancy firms for a detailed topographical and contour survey of 200 acres to develop solar photovoltaic projects in and around thermal power stations.</p>
<p>According to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a>, DVC has so far issued tenders for 62 MW of solar power projects.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/rakesh-ranjan-parashar/" class="vcard author" rel="author"><span class="fn">Rakesh Ranjan</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Rakesh Ranjan,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener">More articles from Rakesh Ranjan.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="77" height="102" /><a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener"><strong style="color: #00b451">Rakesh Ranjan</strong></a> is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). <a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" rel="noopener noreferrer">More articles from Rakesh Ranjan.</a></p>
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Bids Invited for 10 MW of Solar Power Projects in Jharkhand

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