Tender Issued for 50 MW of Rooftop Solar Projects in Rajasthan
The last day to submit the bids is November 28, 2022
October 25, 2022
Rajasthan Renewable Energy Corporation (RREC) has invited bids for the design, supply, erection, testing, and commissioning of 50 MW of grid-connected rooftop solar projects atop state government buildings in Rajasthan.
The selected bidder must install the systems under the renewable energy service company (RESCO) model within 24 months of the work order. The selected installers must also offer comprehensive operations and maintenance services for 25 years.
Bidders must quote for a minimum capacity of 3 MW and a maximum of 10 MW.
The last day to submit the bids is November 28, 2022. Bids will be opened on the same day.
Bidders must furnish ₹5,900 (~$71) and ₹1,180 (~$14) towards the bid document cost and e-procurement charges, respectively. They must submit a bid security of ₹870,260 (~$10,521)/ MW of quoted capacity.
Bidders who are small-scale industries located in Rajasthan must furnish bid security of ₹217,565 (~$2,630)/MW of allocated capacity. The bid security amount for other entities whose cases are pending with the Board of Industrial and Financial Reconstruction will be ₹435,126 (~$5,260)/MW of the bid capacity.
Successful bidders must submit a performance bank guarantee (PBG) of ₹1.3 million (~$15,710)/ MW of allocated capacity. Small-scale industries located in Rajasthan must furnish a PBG of ₹217,563 (~$2,630)/MW of allocated capacity. Other entities with cases pending with the Board of Industrial and Financial Reconstruction will be ₹435,126 (~$5,260)/MW of allocated capacity.
Additional performance security must be deposited by bidders quoting 15% below the ceiling tariff of ₹4.05 (~$0.049)/kWh.
Bidders must have commissioned at least one grid-connected power project with a minimum capacity of 250 kW and cumulative capacity of not less than 50% of quoted capacity in the last five years.
Bidders must have a minimum net worth of ₹10 million (~$120,846)/MW of the quoted capacity and a minimum average annual turnover of ₹30 million (~$362,538)/MW of the quoted capacity during the last three financial years.
If the installer fails to complete the work within the stipulated time, a penalty equivalent to 5% of the PBG value will be levied weekly, subject to a maximum of twenty weeks’ delay. RREC can cancel the power purchase agreement if the delay exceeds twenty weeks.
The modules used for the projects must be listed in the Ministry of New and Renewable’s Approved List of Models and Manufacturers.
In August, the Ajmer Vidyut Vitran Nigam (AVVNL) announced the lowest bids for 55 MW of rooftop solar projects under the capital expenditure model for three power distribution companies in Rajasthan.
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