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					</table><p><a href="https://www.vizagport.com/" target="_blank" rel="noopener">Visakhapatnam Port Authority</a> has invited bids for the annual maintenance contract of a 10 MW solar power project for one year.</p>
<p>The last date to submit the bids is February 10, 2023. Bids will be opened on February 13.</p>
<p>The estimated cost of the contract is ₹6.56 million (~$80,649).</p>
<p>Bidders will have to submit ₹131,156 (~$1,612) as an earnest money deposit. The successful bidder will have to furnish an amount equivalent to 3% of the contract price as a performance bank guarantee.</p>
<p>To participate in the bidding process, bidders should have executed three similar works, each costing not less than 40% of the estimated cost of work; or two similar works, each costing not less than 50% of the estimated cost; or one similar work costing not less than 80% of the estimated cost of work during the last seven years.</p>
<p>Also, bidders should have previously executed the supply, erection, testing, and commissioning of a solar project with a minimum capacity of 1 MW or above with grid connectivity.</p>
<p>Additionally, they should have executed the work of operation and maintenance of a 5 MW or above capacity grid-connected solar power project.</p>
<p>They must submit a solvency certificate from a nationalized bank or scheduled bank to the extent of ₹1 million (~$12,294) obtained during the last year before the bid submission date.</p>
<p>The average financial turnover of the firm during the last three years should be at least 30% of the estimated contract cost.</p>
<p>According to the tender documents, the solar modules for the project should be of suitable rating in an array totaling 11 MW, including mounting frames, module mounting structures, stainless steel fasteners, array foundation, and module interconnection.</p>
<p>The contractor will be required to measure the solar radiation and other climatic conditions relevant to measure the plant performance. This is necessary to study the solar level and guaranteed performance of the solar power project.</p>
<p>The contractor will also be responsible for the estimation and determination of the plant generation on a daily basis in the form of look-ahead scheduling of power output.</p>
<p>For any delay in the implementation of the O&amp;M activity, the contractor will have to pay a compensation amount equal to 0.5% per every week of delay, subject to a maximum of 10% of the total contract value.</p>
<p>In June last year, V.O. Chidambaranar Port Authority, Tuticorin, had <a href="https://mercomindia.com/bids-5-mw-solar-project-chidambaranar-port-authority/" target="_blank" rel="noopener">invited</a> bids to install a 5 MW grid-connected solar power project on a turnkey basis.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> for timely updates on all solar tenders issued by various agencies in India.</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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Visakhapatnam Port Authority Floats O&M Tender for 10 MW Solar Project

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