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SECI Invites Bids for 5 MW Saffron-Based Agro-Solar PV Power Plant in Jammu and Kashmir
Solar Energy Corporation of India Ltd. (SECI) has issued a tender for a 5 MW(AC) grid-connected saffron-based Agro-Solar PV power plant at Pampore, Pulwama, J&K. Bid submission closes on November 7, 2024.
October 18, 2024. By Mrinmoy Dey
Solar Energy Corporation of India Ltd. (SECI) has recently floated a tender for the design, engineering, supply, construction, erection, testing and commissioning of a 5 MW(AC) grid-connected saffron-based Agro-Solar PV power plant at Pampore, Pulwama, J&K.
The project must be completed within 12 months. The selected bidder also needs to provide operation and maintenance of the said plant for 10 years.
The pre-bid meeting will be held on October 28, 2024. Bids can be submitted online till 2:00 PM on November 7, 2024. Techno-commercial bids will be opened on November 7, 2024, at 4:00 PM.
Bidders need to deposit INR 25000 as a tender processing fee. Further, they also need to deposit INR 56 lakh as EMD. The selected bidder also needs to deposit five percent of the contract value as a performance bank guarantee.
Bidders can participate through either Route I or Route II to meet the technical eligibility criteria. Under Route I, the bidder should have experience in EPC execution of ground-mounted Solar PV projects on a turnkey basis including design, supply, installation and commissioning of grid-connected Solar PV power plant of cumulative capacity not less than 2.5 MW in the last seven years. However, such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six months prior to the last date of bid submission.
Additionally, the bidder should have experience in EPC execution of ground-mounted solar projects on a turnkey basis including design, supply, installation and commissioning of at least two grid-connected Solar PV power plant projects having an individual capacity of 500 kW or above in the last seven years. Such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six 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 2.5 MW in the last seven years.
Additionally, the bidder should have experience in the execution of ground-mounted Solar projects as a developer of at least two grid-connected Solar PV power plant projects having an individual capacity of 500 kW or above in the last seven years. However, such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six months prior to the last date of bid submission.
As for financial eligibility, the minimum average annual turnover of the bidder in the last three financial years should be at least INR 11.29 crore. The net worth for the last financial year should be positive.
Additionally, the bidder should have a minimum working capital of INR 7.06 crore. 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 7.06 crore to meet the working capital requirement of the project.
The project must be completed within 12 months. The selected bidder also needs to provide operation and maintenance of the said plant for 10 years.
The pre-bid meeting will be held on October 28, 2024. Bids can be submitted online till 2:00 PM on November 7, 2024. Techno-commercial bids will be opened on November 7, 2024, at 4:00 PM.
Bidders need to deposit INR 25000 as a tender processing fee. Further, they also need to deposit INR 56 lakh as EMD. The selected bidder also needs to deposit five percent of the contract value as a performance bank guarantee.
Bidders can participate through either Route I or Route II to meet the technical eligibility criteria. Under Route I, the bidder should have experience in EPC execution of ground-mounted Solar PV projects on a turnkey basis including design, supply, installation and commissioning of grid-connected Solar PV power plant of cumulative capacity not less than 2.5 MW in the last seven years. However, such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six months prior to the last date of bid submission.
Additionally, the bidder should have experience in EPC execution of ground-mounted solar projects on a turnkey basis including design, supply, installation and commissioning of at least two grid-connected Solar PV power plant projects having an individual capacity of 500 kW or above in the last seven years. Such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six 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 2.5 MW in the last seven years.
Additionally, the bidder should have experience in the execution of ground-mounted Solar projects as a developer of at least two grid-connected Solar PV power plant projects having an individual capacity of 500 kW or above in the last seven years. However, such grid-connected Solar PV power plant capacity must have been in satisfactory operation for at least six months prior to the last date of bid submission.
As for financial eligibility, the minimum average annual turnover of the bidder in the last three financial years should be at least INR 11.29 crore. The net worth for the last financial year should be positive.
Additionally, the bidder should have a minimum working capital of INR 7.06 crore. 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 7.06 crore to meet the working capital requirement of the project.
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