NHPC Invites Bids for 100 MW Floating Solar Project in Odisha

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NHPC Limited has floated tender inviting bids for an engineering, procurement, and construction (EPC) of 100 MW floating solar power projects, along with the transmission line required to connect the site to the 400 kV substation at the Rengali reservoir in Odisha.

The deadline for submitting bids online is 7 October and the opening of bids will take place on 18 October. A pre-bid meeting has been scheduled for 2 September 2021.

The successful bidder will also be responsible for the project’s operation and maintenance (O&M) for the next ten years. Upon notification of award, the project should be completed within 12 months.

The bidder must have earlier engaged in the design, supply, and installation of or developed grid-connected solar power projects with a cumulative total installed capacity of at least 40 MW, one of which should be 10 MW or greater. The reference projects of 10 MW or higher capacity for themselves or any other clients at a single location.

At the time of the last date of the month before the bid submission, the bidder should also have a minimum of six months of experience with O&M of a 10 MW solar project. The O&M experience should be in the last 5 years.

An eligible bidder must have generated an average annual turnover of Rs. 8 billion in each of the past three years. Furthermore, three out of the past five years’ net worth of the bidder should be positive. It is essential that the bidder has at least INR 900 million in working capital.

Last month, NHPC had invited bids for a 600 MW ISTS connected solar project. The tender, which covers engineering, procurement, and construction for the projects in Rajasthan.

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