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 ₹ 10,00,000 as an earnest money deposit and the successful bidder should furnish ₹ 500,000 as a performance security within 15 days from the allocation letter.
The minimum capacity utilization factor for each year from the project’s 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.