NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, has invited bids for the installation of a 6 MW grid-connected solar power project at the Cement Corporation of India’s (CCI) Tandur facility in Telangana.
The selected bidder will not only be responsible for the installation of the project but also for its operation and maintenance (O&M) for a period of three years, along with the annual repair of essential equipment for 10 years.
Interested bidders must submit their bids online by July 10, 2023, and the bids will be opened on the following day.
The scope of work for the grid-connected solar power project includes conducting a feasibility analysis, designing, engineering, supplying, constructing, testing, and commissioning the project. It also involves establishing the power evacuation system up to the CCI substation to meet the designated capacity.
To participate, bidders are required to provide an earnest money deposit of Rs 5 million. The winning bidder must also furnish a bank guarantee for performance, amounting to 10% of the contract price, within 28 days of receiving the award notification.
The project must be completed within six months from the issuance of the grant notification.
To be eligible, bidders should have had an average annual turnover of at least Rs 347 million in the previous three fiscal years. If a bidder cannot meet this criterion individually, their holding company can fulfill it, provided the holding company’s net worth is equal to or greater than its paid-up share capital.
Bidders’ net worth must be at least 100% of their paid-up share capital as of the last day of the preceding financial year.
The bidding process is open to contractors registered with the appropriate government from countries that share a land border with India.
Preference will be given to Class I local suppliers over Class II local suppliers and non-suppliers, according to NVVN. Class-I local suppliers must have a minimum local content of 50%, while the minimum local content for Class-II local suppliers is 20%.
In case of any delays beyond the stipulated six-month timeframe, the contractor will be liable to pay liquidated damages of 0.5% of the contract value per week, up to a maximum of 5% of the total contract price.
Solar modules for the project must be sourced from the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM), as approved by NVVN.