The 1,000 MW solar tender by National Thermal Power Corporation (NTPC) had been under-subscribed with bids received only for 700 MW solar capacity. Of the under-subscribed tender of 700 MW, 80% of the bid capacity 560 MW has been awarded to Tata Power Solar (300 MW), Jakson Limited (110 MW) and Larsen & Toubro Limited (L&T)(150 MW).
Earlier, NTPC had invited bids for grid-connected solar projects up to a capacity of 1,000 MW, floated under the Develop Build Demonstrate Transfer (DBDT) program.
L&T had quoted the price at Rs 19.98 million/MW ($282,102) for 300 MW, but was only allotted capacity of 150 MW following the bucket filling method in the auction. Jakson’s EPC quote bid was for Rs 19.96 million/MW ($281,820) to develop a capacity of 110 MW. Tata Power Solar was the lowest bidder with an EPC quote of Rs 19.2 million/MW ($271,089). The total contract value of Tata Power Solar is Rs 576 crore, Jakson at 219.56 crore and L&T contract value is Rs 299.7 crore approximately.
The scope of work for the project includes design, engineering, manufacturing, supply, and commissioning of a capacity ranging between 50 MW to 300 MW (in multiples of 10 MW) on a turnkey basis. It also includes the operation and maintenance (O&M) of the projects along with the installation of the SCADA system for remote monitoring, module cleaning system, and all associated electrical and civil work, including the evacuation of power, according to a news media report.
The NTPC had also invited bids to develop 923 MW solar projects floated under tranche II of the second phase of the central public sector undertaking (CPSU) program. It was listed under the domestic content requirement (DCR) category, which mandated that domestically manufactured solar cells and modules must be used in the development of the project. The last date for the submission of bids has now been extended to January 17, 2020.