NTPC Invites Bids For 1.2 GW Solar Projects

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NTPC Limited has floated a tender and invited bids for engineering, procurement, and construction (EPC) package with land development for 1,200 MW of grid-connected solar power projects in Rajasthan. The winning bidder has to take care of the O&M activities of the solar project for three years from the date of successful completion of the trial run. The scope of work includes design, engineering, manufacturing, supply, packing, transportation, storage, and commissioning of grid-connected solar power projects.

Capacity should be a minimum 10 MW  or higher multiples of 10 MW for individual projects. The minimum capacity quoted by a bidder should be 50 MW and the maximum 600 MW.

21st May 2021 is the last date to submit the bids which will be opened on the same day. The pre-bid meeting will take place on May 7. There was no mention of an earnest money deposit requirement.

In the past, the bidder should have designed, supplied, erected, and commissioned as an EPC contractor or developer grid-connected solar power projects of cumulative capacity of 40 MW or higher, out of which one project should have been of 10 MW or higher capacity. The reference project should have been in successful operation for at least six months before the bid opening date. Alternatively, the bidder should have executed in the last ten years an industrial project either as a developer or an EPC contractor in the area of power, steel, oil & gas, petrochemical, fertilizer, cement, coal mining, or any other process industry for a value of ₹2 billion (~$26.59 million) or more in a single project. The project should have been in successful operation for at least one year before the bid opening date.

Along with this, the bidder should have executed at least one electrical substation of 33 kV or above voltage level, consisting of equipment such as 33kV or above voltage level circuit breakers and power transformer, either as a developer or EPC Contractor. The project should have been in operation for at least one year before the bid opening date.

As far as the bidder’s average annual turnover is concerned, it should not be less than ₹2 billion (~$26.59 million) during the last three financial years. As of the last day of the last financial year, the bidder’s net worth should not be less than 100% of the bidder’s paid-up share capital.

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