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Coal India Limited’s (CIL), a wholly-owned division, CIL Nvikarniya Urja has requested proposals for the engineering, procurement, design, building, and commissioning of a 15 MW solar power plant and related transmission system in the Pench district of Madhya Pradesh’s Western Coalfields (WCL). The project is expected to cost Rs 881.9 million.
The deadline for proposal submissions is March 30, 2022, and the bids will be disclosed on the next day.
Bidders must provide a certificate demonstrating that they have a minimum working capital of Rs 238.4 million, including reference to lines of credit and the accessibility of other financial resources to satisfy the project’s financial needs.
To compete in the tender process, eligible bidders must submit Rs 5 million as an earnest money deposit.
The selected bidder will also be obligated to pay a performance security sum equal to 5% of the contract value within 21 days of receiving the letter of award. Furthermore, the chosen bidder will also be required to offer project operation and maintenance (O&M) services for a period of five years.
The developer must assure the output of 31.98 MU of power and the capacity utilization factor (CUF) shall be 24.34 percent in the first year, with a maximum allowable depreciation of 0.7 percent in future years.
Additionally, if the contractor fails to finish the job within the specified time frame, they will be required to pay 0.5 percent of the contract price every week of delay, limited to a total of 10% of the total value as liquidated damages.
The projected solar power plant’s power would be evacuated from the Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company’s (MPPKVVCL) 33/11 kV Tendukheda substation via a 33 kV single circuit transmission line. The solar power developer will be in charge of obtaining permission for connection.
WCL will enter into a long-term open contract (LTOA) with MPPKVVCL and the Madhya Pradesh Kshetra Vidyut Vitaran Company to consume power at its load points.