Hindustan Petroleum Corporation (HPCL) has floated an engineering, procurement, and construction (EPC) tender for the erection of 11 MW of solar power projects for captive use at its Panipat and Jhansi sites, in Haryana and Uttar Pradesh, respectively.
Participants are required to submit the bids by April 21, 2023, which will be revealed on the same day.
The projects will be built in 2 phases, with 5 MW constructed in Karari Village in Jhansi under Schedule 1 of the tender and the remaining 6 MW project will be built in Baholi Village in Panipat under Schedule 2.
Bidders are required to furnish an earnest money deposit (EMD) of Rs. 4.5 million for the Panipat project, and Rs. 4.25 million for the Jhansi project. If a bidder quotes for both projects, they must provide the whole of the EMD amount, which is Rs. 8.75 million.
Within 2 weeks of receiving the letter of intent, the selected bidders must also provide a performance bank guarantee of 3% of the contract value.
The developers are required to finish the work within 7 months of receiving the award letter.
In the event of a delay, liquidated damages of 0.5% of the entire contract price will be applied every week, which will be capped at 5% of the contract value.
The contractor will also be in charge of the project’s operation and maintenance (O&M) for 10 years, beginning with the completion date of the defect liability period, which is 12 months after project commissioning.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
 has floated an engineering, procurement, and construction (EPC) tender for the erection of 11 MW of solar power projects for captive use at its Panipat and Jhansi sites, in Haryana and Uttar Pradesh, respectively. Participants are required to submit the bids by April 21, 2023, which will be revealed on the same day.){kind=link}