SGEL Invites Bids for 700 MW Solar Power Project in Khavda, Gujarat
SJVN Green Energy Ltd. (SGEL) invites online bids for a 700 MW solar power project in Khavda, Gujarat. The project consists of two phases and includes comprehensive operation and maintenance for three years, emphasising domestic competitive bidding and quality solar modules.
October 23, 2024. By EI News Network
This initiative is divided into two projects viz. Project-1 (GUVNL Phase-XXI) with 500 MW at GIPCL Renewable Energy Park and Project-2 (GUVNL Phase-XXIII) with 200 MW at GSECL Renewable Energy Park.
The scope of work for this project includes the design, engineering, supply, erection, testing, commissioning, and an extensive operations and maintenance (O&M) period of three years. Interested bidders are encouraged to submit proposals for either of the projects, with submissions accepted in multiples of 100 MW. This structured approach allows for flexibility and scalability in bidding, catering to various participants in the renewable energy sector.
The bid availability period is set from October 22, 2024, to November 18, 2024, providing potential bidders ample time to prepare their proposals. A pre-bid meeting is scheduled for November 6, 2024. The deadline for bid submission is November 19, 2024, coinciding with the opening of techno-commercial bids on the same day. Price bids will be announced at a later date. To participate in the bidding process, a bid security of INR 10.70 crore per 100 MW is required, reflecting the project's scale and complexity.
Bidders must meet stringent eligibility criteria to ensure only qualified companies engage in the tender process. This includes technical requirements that mandate bidders demonstrate substantial experience in solar photovoltaic (SPV) projects. Specifically, bidders must have designed, supplied, erected, and commissioned SPV grid-connected power plants with a cumulative installed capacity of at least 30 MWp. Moreover, they must have at least one reference plant of 10 MWp or more in successful operation for a minimum of three months prior to the NIT issuance.
Additionally, bidders must have experience executing industrial projects in sectors such as power, steel, oil and gas, and petrochemicals, with project values reflecting significant investments. This is complemented by a requirement to have successfully executed at least one electrical substation of 33 kV or above in India.
Financial criteria further ensure that only stable and capable companies can bid for the project. Bidders are required to demonstrate an annual average turnover of INR 160.40 crore per 100 MW over the last three financial years. They must also maintain a positive net worth during the preceding financial year and in at least two of the three prior years. Documentation such as annual reports and certified financial statements will be necessary to substantiate these claims.
please contact: contact@energetica-india.net.
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