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For the purpose of selecting a 50 MW grid-connected rooftop solar power plant project at various sites across the state, Rajasthan Renewable Energy Corporation Limited (RRECL) has issued an invitation to bids.
Bids for this solar power project must be submitted by November 28, 2022, which will be opened on November 29, 2022.
These solar power plants will be erected on the roofs of state government buildings and state government undertakings. The minimum quoted capacity for all interested bidders is 3 MW, and the highest quoted capacity is 10 MW.
Each bidder would be required to pay e-processing fees of Rs. 1,000 and tender document costs of Rs. 5,000, both of which are non-refundable. Bidders also have to pay Rs. 870,260/MW of quoted capacity as bid security, which is Rs. 217,565/MW of quoted capacity for Small Scale Industries of Rajasthan.
Additionally, within 15 days after the project’s approval, the winning bidder must also contribute 1% of the MNRE Benchmark Cost plus any applicable taxes as a Nodal Agency administrative cost for each project. A performance bank guarantee (PBG) of Rs. 1.3 million/MW is required from the successful bidder after the letter of intent is issued, but before the power purchase agreement (PPA) is finalized.
Design, site development, manufacture, engineering, erection, supply, inspection at the supplier’s facility, transport, insurance, storage, testing, and commissioning with net metering are all included in this tender’s scope of work.
In addition, operation and maintenance (O&M) services for solar installations are included in the scope of work for a period of 25 years following the project’s commissioning date.
The bidder’s minimum annual financial turnover over the previous 3 years should have been Rs. 30 million/MW. The bidder must have had a net worth of Rs. 10 million/MW for the stated capacity during the previous 2 fiscal years.