The project will be developed at village Neilla Bhakra Dam in Himachal Pradesh and will be installed on a build, own, operate (BOO) basis.
The last date for the submission of bids is June 30, 2020.
Interested bidders will have to submit an amount of ₹500,000 (~$6,660) as the earnest money deposit (EMD) and ₹1 million (~$13,320) in the form of a bank guarantee. The time given for the commissioning of the project is 13 months from the date of the signing of the power purchase agreement (PPA).
The bidder will have to sign a rent agreement with BBMB for 27 years.
The bidder should have installed or commissioned at least one project having the capacity of at least 1 MW. This reference project should have been in operation for at least one year before the last date of the submission of bids. Regarding the financial criteria, the net worth of the bidder should be at least ₹7 million (~$93,240)/MW of the quoted capacity as on the last date of the previous financial year.
According to the tender, the designated voltage level for evacuating power generated at the generation facility is 11 kV. BBMB will provide the transmission line from the generation facility up to the nearest substation. As per the tender document, the declared annual capacity utilization factor should at least 17%.
Recently, PEDA floated a tender for 19,000 solar streetlights in the state under the Ministry of New and Renewable Energy’s off-grid and decentralized solar program. The scope of work included the supply, installation, and commissioning of solar street lights along with five years of repair and maintenance.
In July last year, BBMB had announced its decision to install grid-connected rooftop solar PV projects on the roofs of its non-residential buildings and offices along with floating and ground-mounted projects.
Rakesh 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). More articles from Rakesh Ranjan.