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GSECL Invites Bids For 20 MW Grid Connected Solar Plant

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Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for Design, Engineering, Supply & procurement, construction, erection, testing, Commissioning, Operation and Maintenance of 20 MW Solar Photovoltaic grid connected power plant at Itiya of Bhavnagar District around substation of GETCO in the State of Gujarat.

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The deadline for bid submission is September 3, 2022 and the bids will be opened on September 9.

It is estimated that the tender will cost approximately Rs 80 Crores.

Tender Fees (non-refundable) is Rs 25,000/- + GST as applicable

The tender guidelines stipulate that the project must be completed within 12 month of the award. The project’s operation and maintenance for five years will be the responsibility of the winning bidder. The bidders must have designed, constructed, supervised, and commissioned grid connected solar power projects with a cumulative installed capacity at least 20 percent of the total bid. The earnest money deposit required by the bidders is Rs 😯 Lakh.

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Prospective bidders must have at least 56 Crore in annual turnover to be eligible to participate the bidding process. This is for the past three financial years. For the last Financial Year, the net worth of the bidder must also be positive.

A bidder who is a 100% subsidiary business and fails to meet the annual turnover criteria would have to be held responsible by its holding company.

Minimum capacity utilization factor should be 23% for the first year.

Every solar module should have a minimum of 90 percent performance guarantee for the first ten and 80% for the next fifteen years.

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