Punjab Energy Development Agency (PEDA) has released a tender to commission 8.7 MW of solar projects at 970 rural piped water supply systems in the state.
The bidder must submit โน 10,00,000 as an earnest money deposit and the successful bidder should furnish โน 500,000 as a performance security within 15 days from the allocation letter.
The minimum capacity utilization factor for each year from the projectโs commissioning date should be a minimum of 15%. Bidders should have completed the supply, installation, and commissioning of grid-connected rooftop or ground-mounted solar power projects of a minimum of 50% (cumulative capacity) of the quoted capacity in the last seven financial years.
The tender document also states that the modules should carry a performance warranty of >90% during the first ten years and >80% during the next 15 years.
The last date to submit the bid is April 10, 2023, and the bids will be opened on April 12.
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