Enfinity Secures $135 Million for 1.2 GW of Solar and Wind Projects in India

Coal India Subsidiary Invites Bids for 20 MW of Solar Projects in Odisha

Eos Energy Narrows Loss in Q1 2024, Cuts Direct Material Cost

SJVN’s Subsidiary Invites Bids for 377 MW of Solar Modules

Singareni Collieries Issues Consultancy Tender for 67.5 MW Solar Project

Rajasthan Regulator Approves Tariff for NLC India’s 810 MW Solar Project

IEX Records 9% Jump in Q4 Profits, Trades 1 BU of Green Energy

CERC Issues Draft Deviation Settlement Mechanism Regulations

Goodluck, Arctech, GameChange Solar: Top Module Mounting Firms in 2023

Daily News Wrap-Up: Top Rooftop Solar Installers in 2023


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2023/07/amazon_polly_55991.mp3?version=1688639330">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p>Solar engineering, procurement, and construction (EPC) company <a href="https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Esvaryu%2Ecom&amp;urlhash=yiIk&amp;trk=about_website" target="_blank" rel="noopener">Svaryu Energy</a> has been awarded an EPC contract by Coal India Navikarniya Urja on behalf of <a href="https://www.bcclweb.in/" target="_blank" rel="noopener">Bharat Coking Coal</a> for a 25 MW grid-connected solar project at Bhojudih Coal Washery in Purulia, West Bengal.</p>
<p>The company must also oversee the project’s maintenance and operation for five years.</p>
<p>Svaryu Energy quoted ₹1.63 billion (~$19.8 million) to win the auction and was issued the word order on April 7, 2023.</p>
<p>The company has already submitted performance security of ₹81.5 million (~$992,374).</p>
<p>The tender was <a href="https://www.mercomindia.com/epc-tender-solar-west-bengal" target="_blank" rel="noopener">floated</a> in March last year.</p>
<p>CIL Navikarniya Urja and Bharat Coking Coal are wholly-owned subsidiaries of <a href="https://www.coalindia.in/" target="_blank" rel="noopener">Coal India</a>.</p>
<p>Bharat Coking Coal will utilize the generated power from the proposed solar project for captive consumption of the different consumer points in Jharkhand, and the surplus power may be fed to the grid.</p>
<p>If the contractor fails to achieve successful commissioning or commercial operation date of the project within 365 days from the date of commencement (which begins after the expiration of 30 days from the issuance of the letter of acceptance), the company will impose liquidated damages on the contractor.</p>
<p>However, partial commissioning of a minimum allowed capacity of 12.5 MW will be permitted. The performance guarantee test and the operation and maintenance period will commence only when the contractor commissions the full capacity of 25 MW.</p>
<p>If the EPC work is not completed on time, the following compensation terms will apply:</p>
<ol>
<li>For a delay up to 30 days: A penalty of ₹20,000 (~$243)/MW/day will be deducted for the first 30 days of delay, calculated on a per-day basis and proportionate to the capacity that has not been commissioned.</li>
<li>For a delay of more than 30 days and up to 60 days: A penalty of ₹30,000 (~$365)/MW/day will be deducted per day and proportionate to the capacity not commissioned.</li>
<li>For a delay of more than 60 days: A penalty of ₹45,000 (~$547)/MW/day will be deducted per day and proportionate to the capacity.</li>
<li>A delay exceeding 180 days will be considered a default.</li>
</ol>
<p>The total 25 MW will be connected to the 132/33 kV substation at Patherdih, Jharkhand.</p>
<p>The efficiency of modules should also be at least 20%, and they must be warranted for their material, manufacturing defects, and workmanship for ten years. The output peak watt capacity should not be less than 90% at the end of 10 years and 80% at the end of 25 years.</p>
<p>Subscribe to Mercom&#8217;s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of the real-time tender activity.</p>


Svaryu Energy Wins EPC Contract for Coal India Subsidiary’s 25 MW Solar Project

svaryu-energy

Get the most relevant India solar and clean energy news.

RECENT POSTS