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Indian Oil Corporation Ltd(IOCL) floated a tender for Operation and Maintenance of 55 KWp On-Grid Roof Mounted Captive Solar Power Project at IndianOil Terminal at Trichy.
The opening date of bid is 22nd April 2020 at 03:00 PM and end date of bid submission 21 April 2020 at 03:00 PM. The Tender shall be submitted in a “single bid system”.
The scope of work for the bidders is divided into two parts, Part-A: Engineering, Procurement and Construction (EPC) of 55.0 KWp On-Grid Captive Solar PV (SPV) Plant on turnkey basis inclusive of comprehensive O&M of the SPV Plant for one year from the date of successful project commissioning. Part-B: Operation & Maintenance of Solar Plant for a further period of 4 years from the date of completion of work.
The document stated that the tender submitted by the bidder shall remain valid and open for acceptance for not less than 4 (four) months from the last date of bid submission. The bid and rates offered for Part-B of SOR shall remain valid for a period not less than 24 months from the date of successful completion of Part-A of the tender.
Period for Completion for Part-A is 16 months (4 months for project commissioning + 12 months of inclusive O&M) from date of Site Handing Over (SHO) and for Part-B is 48 months from date of completion of Part-A. Performance Guarantee Test(PGT) should be done within 3 months and overall completion time for work mentioned is 16 months from the date of Site Handing Over (SHO).
Along with their bids, every bidder must submit an earnest money deposit of NR 29000/-. There is no tender fee for this tender. The mode of payment of EMD is only accepted online. Exemption from payment of EMD shall be allowed to all Micro & Small parties registered with any of the following agencies/bodies as per Public Procurement Policy(PPP).
In order to bid, all the vendors are required to obtain a legally valid Digital Certificate as per the Indian IT Act from the licensed Certifying Authorities (CA) operating under the Root Certifying Authority of India (RCAI) and Controller of Certifying Authorities (CCA) of India.
In January, Indian Oil Corporation Limited (IOCL) announced that their outlet in goa will run on solar power. While work on two outlets is complete, eight more retail stations are expected to be ready by June this year.
Indian Oil Corporation Ltd (IOCL) is India’s flagship national oil company with business interests straddling the entire hydrocarbon value chain – from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals. It is the leading Indian corporate in the Fortune ‘Global 500’ listing, ranked at the 117th position in the year 2019.