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GSECL Floats Two EPC Tenders For Solar Projects With 166 MW Total Capacity

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Gujarat State Electricity Corporation Limited (GSECL) has issued two tenders for the engineering, procurement, and construction (EPC) of 166 MW grid-connected solar projects. One tender capacity comprises 131 MW of solar plants in the Surendranagar and Morbi districts, and the second one comprises 35 MW capacity solar plants in the Kutch area near Gujarat Energy Transmission Corporation (GETCO) substations.

The deadline for submitting proposals for both tenders is February 25, 2022, with March 7 being the bid’s opening date.

The scope of work comprises the design, supply, engineering, building, procurement, erection, and testing of solar projects at defined locations.

The contractor shall only use crystalline-silicon (poly/multi or mono/single) solar PV modules. According to the tender document, the PV modules to be used must have a minimum 72-cell design and a rated power of at least 300 W.

The anticipated project cost for the 131 MW of solar plants is Rs 5.24 billion. Bidders must provide earnest money (EMD) deposit of Rs 52.4 million. According to GSECL, the minimum capacity utilization factor for the first year should be 23%.

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The estimated cost of a 35 MW solar projects is expected to be Rs 1.4 billion. Bidders must deposit an EMD of Rs 14 million. The module’s minimum certified efficiency should be 15%.

In addition, the successful bidder must present a performance bank guarantee for 5% of the contract value within seven working days after acceptance of the letter of award.

Following the commissioning of these projects, the successful bidder will be responsible for the project’s operations and maintenance for a period of five years.

Applicants should have supplied, designed, erected, and commissioned MW-scale grid-connected solar power projects with a cumulative installed capacity of 20% or greater of the total bid capacity, with at least one project being 5% (in MW) or greater of the total bid capacity, and it should be in successful operation for at least six months prior to the bid opening date.

Bidders must have a total revenue of at least Rs 3.67 billion and Rs 980 million in the previous three fiscal years for the tender of 131 MW and 35 MW solar projects, respectively. Bidders’ net worth during the previous fiscal year should be positive for both tenders.

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