State-owned, Singareni Collieries Company Limited (SCCL) is going to have a 22 MW overburden dump-based solar project at Ramagundam site in Telangana. The Solar Energy Corporation of India (SECI) has requested bids for the design, building, engineering, erection, supply, testing, and commissioning of the same.
The topsoil is removed during mining, and the crushed rock is heaped in the form of overburdened dumps. Large areas of land are occupied by piled dumps, which lose fertility as soil quality deteriorates. Such unused land is now being examined for solar installations.
Bids must be submitted by June 15, 2022, and on the same day, bids will be opened.
As an earnest money deposit, bidders must provide Rs 36.6 million. Further, the selected bidder will also be responsible for the project’s operation and maintenance for a period of 10 years.
During the previous 3 fiscal years, the bidder’s average yearly turnover should have been at least Rs 731.3 million. Furthermore, the bidder’s net worth for the previous fiscal year should be positive in order to participate in the bidding process.
In the previous 7 fiscal years, the bidder should have experience as an engineering, procurement, construction (EPC) contractor or developer for the turnkey execution of ground-mounted solar projects, with a cumulative capacity of at least 11 MW.
Alternatively, bidders must have worked as an EPC contractor or developer on at least two grid-connected solar projects with individual capacities of 3 MW or higher in the last 7 years.
However, such projects must have been operational for at least 6 months prior to the proposal deadline.
The bidder must have at least Rs 457 million in operating capital. If the bidder’s working capital is insufficient, he or she should augment it with a letter from a bank with a net value of at least Rs 5 billion. The bidder must also certify the availability of a line of credit in the amount of Rs 457 million or more to cover the working capital need.
The contractor will be charged 0.5% every week of the contract price as liquidity damages, up to a maximum of 5% of the contract value, if the contractor fails to finish the project on time.
SECI has stipulated that the solar cells and modules used in the project should be manufactured in India, preferably by manufacturers listed on the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM). Additionally, Only Class-I local vendors will be used to acquire solar modules and inventors.