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EXIM Bank Invites Bids For Development Of 100 MW Solar Project In Bangladesh

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KfW Approves EUR 150 Million for Solar Energy Production in India

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The Export-Import Bank of India (EXIM Bank) has requested proposals from Indian engineering, procurement, and construction (EPC) firms for a 100 MW solar project in the Jamalpur district’s Madarganj region of Bangladesh.

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EXIM Bank of India has approved the funding of a project under a line of credit given to the Government of Bangladesh to fund development initiatives. A portion of the line of credit will be used to build the 100 MW solar project.

The project must be finished within 24 months of the work order being received.

July 6, 2022, is the last date for receiving bids, which will be opened on the same day. Bidders will have to pay a Rs 50,000 non-refundable bid processing fee. 

Two EPC contractors will be chosen for two different contracts. The first contract is for the EPC of the 100 MW solar project and its facilities, which include a substation, embankment construction around the project boundary, landfill and land development, and preliminary site preparations such as leveling, consolidation, grading, and necessary land compaction. The line of credit provided by India will be used to support these projects.

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EPC of a 100 MW solar project and associated infrastructure, consisting of 33/132 kV substation, drainage system, internal roadways, water supply system, and fire fighting system, is part of the scope of work. 

Site preparation, project installation, the building of a 6.5-kilometer embankment surrounding the project, land development, testing, and commissioning, site inspections, and quality control also fall under the responsibilities of the contractor.

The second contract, funded by the Bangladesh Government, is for the EPC of a 50-kilometer-long 132-kV double-circuit transmission line from the in-project switchyard’s battery limit to the connecting point at the Ghatail grid substation. This covers the whole bay expansion and hookup work on both ends. 

To be eligible for bidding, participants must have done 3 similar works of 40 MW capacity each or of $53 million each, two similar works, each with a 50 MW capacity or of $66 million each, or one similar work totaling $105 million or 80 MW in the previous seven years.

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Bidders must have had annual revenue of $44 million in any of the previous five fiscal years. They must have had a positive adjusted net worth for each of the past five fiscal years and should have made a profit for at least two of the last five fiscal years.

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