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SECI Tenders First Saffron-Based Agro Solar Project Of 5 MW Capacity In J&K

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SECI, Solar Energy Corporation of India, has issued a request for proposals for the engineering, design, building, testing, erection, and commissioning of a 5 MW grid-connected saffron-based agro solar power plant in Jammu and Kashmir’s Pulwama district. 

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The saffron-based agro solar project is the first of its type in which the solar project’s land will be utilized for saffron cultivation. The facility would be built on 22.55 acres of government-owned property in the Pulwama district’s Pampore region.

April 19, 2022, is the deadline for proposal submissions and on the same day, bids will be opened.

Interested applicants would be required to submit an earnest money deposit of Rs 4.7 million. The winning bidder will additionally be required to provide contract performance security in the sum of 4% of the contract value.

Furthermore, local manufacturers will be given precedence in purchases. This tender will only accept bids from Class-I local suppliers. Local suppliers in Class I are those whose products, services, or works have a local content of 50% or more.

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The project should be completed within 12 months of the date on which the letter of award was issued. The winning bidder will also be responsible for the project’s operation and maintenance (O&M) for the next 10 years.

If the contractor fails to meet the deadlines for effective project commissioning, the contractor will be required to pay the owner an amount equal to 0.5% each week of the contract amount as liquidated damages.

SECI informed that applicants should not ignore the application of the basic customs duty (BCD) from April 1, 2022, and therefore, bid appropriately. The ‘Change in Law’ provision will not apply to the application of BCD.

SECI has stipulated that the cells and modules to be utilized in this project should only be purchased from the models and manufacturers mentioned in List-1 of the ALMM order.

The bidder’s average yearly turnover in the previous 3 fiscal years must be at least Rs 95 million, and the bidder’s net worth should have increased during the previous fiscal year in order to participate in the bidding process.

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Additionally, the applicant should have a minimum working capital of Rs 60 million, according to the most recent audited financial statement.

Bidders can choose between Route I and Route II to participate in the tender.

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