HomeRenewable energy ›SECI Invites Bids for 10 MW Floating Solar Project in Telangana

SECI Invites Bids for 10 MW Floating Solar Project in Telangana

Solar Energy Corporation of India (SECI) has issued a tender for design, engineering, procurement and supply, construction and erection, testing, and commissioning of a 10 MW floating solar project at STPP, Telangana. Bid submission ends January 23, 2025.

January 03, 2025. By Mrinmoy Dey

Solar Energy Corporation of India (SECI) has floated a tender for setting up a 10 MW floating solar project in Telangana.

The scope of work includes design, engineering, procurement and supply, construction and erection, testing, and commissioning of the floating solar projects at STPP, Telangana. The bidders also need to provide comprehensive operation and maintenance for 10 years.

The bidders need to pay INR 25,000 (including GST) as a tender processing fee. Further, they need to furnish INR 1.02 crore as an earnest money deposit (EMD).

The last date for submission of bids is January 23, 2025, till 2:00 PM. The techno-commercial bids will be opened on January 23, 2025, at 4:00 PM.

The tender mandates the use of both solar photovoltaic (SPV) cells and modules manufactured domestically as per specifications and testing requirements fixed by MNRE.

Bidders can participate through any one of the three below-mentioned qualifying routes.

In Route-I, the bidder must have experience in EPC execution of ground-mounted solar PV projects on a turnkey basis including design, supply (supply of modules/inverters can be inclusive or exclusive in the bidder’s scope in the past experience), installation and commissioning of grid-connected solar PV power plant of cumulative capacity not less than 5 MW in last seven years as on last date of bid submission. However, such grid-connected solar PV power plant capacity must have been in satisfactory operation for at least 6 months prior to the last date of bid submission.

Additionally, the bidder must possess EPC experience of at least two grid-connected solar PV power plant projects having an individual capacity of 1 MW or above in the last seven years as on the last date of bid submission. And, that should be in satisfactory operation for at least 6 months prior to the last date of bid submission.

Under Route II, the bidder should have experience in the execution of ground-mounted solar PV projects as a developer of grid-connected solar PV power plant(s) of cumulative capacity not less than 5 MW in the last seven years as on the last date of bid submission. However, such grid-connected solar PV power plant capacity must have been in satisfactory operation for at least 6 months prior to the last date of bid submission.

Additionally, the bidder must possess experience of developing at least two grid-connected solar PV power plant projects having an individual capacity of 1 MW or above in the last seven years as on the last date of bid submission. And, that should be in satisfactory operation for at least 6 months prior to the last date of bid submission.

Under Route-III, the bidder must have executed an industrial project either as a developer or as an EPC contractor in the area of power, steel, oil and gas, petro-chemical, fertiliser, cement, coal mining (including coal handling plant), infrastructure and or any other process industry, of a value of INR 26 crore or more in a single project or single work in last seven years and till last date of bid submission. However, such project capacity must have been in satisfactory operation for at least 6 months prior to the last date of bid submission.

Additionally, the bidder should have executed at least one electrical sub-station of 33 kV or above voltage level, consisting of equipment such as 33kV or above voltage level circuit breakers and power transformer, either as developer or as EPC contractor and such substation capacity must have been in satisfactory operation for at least six 6 months prior to the last date of bid submission.

The Minimum Average Annual Turnover (MAAT) of the bidder in the last three financial years should be INR 20.42 crore. The net worth for the last financial year should be positive.

The bidder should have a minimum working capital of INR 12.76 crore as per the last audited financial statement. If the bidder’s working capital is inadequate, the bidder should supplement this with a letter from the bidder’s bank, having a net worth not less than INR 500 crore, confirming the availability of the line of credit for more than or equal to INR 12.76 crore to meet the working capital requirement of this particular project.
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