ITI Invites Bids for 10 MW (AC) Ground-Mounted Solar Projects in Naini, Uttar Pradesh
ITI Ltd. has issued a tender for setting up a 10 MW ground-mounted grid-connected solar power plant at its Naini facility, seeking developers under the open access model with a 25-year tripartite power purchase agreement among ITI, procurer and the developers. Bid submission ends on February 7, 2025.
January 29, 2025. By Mrinmoy Dey
The solar power developer must arrange complete supply, installation and commissioning of the 10 MW plant through open access model including power evacuation lines to the UPPCL sub- station along with all terminal equipment.
The bidders need to pay INR 10,000 as a RfP cost. Further, they need to furnish INR 10 lakh as an earnest money deposit (EMD).
Selected bidders need to submit INR 1 crore as a performance bank guarantee.
The last date for submission of bids is February 7, 2025. The techno-commercial bids will be opened on February 8, 2025.
The responsibility of the successful bidder(s) would be for supply and sell of electricity for 25 years, as per the terms and conditions of the Tripartite PPA. The Tripartite PPA will be signed between ITI, procurer and successful bidder(s).
The Bidder must be into solar business for not less than 3 years prior to the date of bid submission.
The bidder must have cumulative past experience of 8 MW in grid-interactive/off-grid solar PV (SPV) systems and one solar power plant with a minimum capacity of 4 MW during the preceding five financial years. This shall be in satisfactory service for at least a period of one-year prior to the date of submission of bid.
The bidder must have Minimum Average Annual Turnover (MAAT) of 30 crore during preceding five financial years. Bidder(s) must have positive Net worth at the close of the preceding financial year.
please contact: contact@energetica-india.net.
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