Bharat Heavy Electricals Limited (BHEL) has initiated the bidding process for a 2 MW grid-connected solar power project at its campus in Ramachandrapuram, Hyderabad. The project will be developed by a solar project developer on a Build Own Operate and Transfer (BOOT) basis. Interested bidders must submit their bids by July 18, 2023, with the bid opening scheduled for the same day.
The selected developer will be responsible for designing, building, operating, and maintaining the solar power project for a period of 25 years. The generated electricity will be supplied to BHEL. The project includes a power evacuation network to be connected with the 11 kV system at New Pipe and Plate Yard in BHEL Township.
To participate in the bidding process, bidders must provide an earnest money deposit of ₹10,00,000. Additionally, a performance bank guarantee of ₹6 crore should be furnished before signing the Power Purchase Agreement (PPA) or within 21 days of receiving the letter of intent.
The entire project capacity must be bid for by the interested parties. Upon selection, BHEL will enter into a 25-year PPA with the successful bidder. The project is expected to be commissioned within six months from the effective date of the PPA. Any surplus power generated by the solar plant will be directly sold to BHEL, who may choose to sell the excess power to the distribution company.
The identified land for the project will be provided by BHEL on a “Right-to-Use” basis without any cost. The selected developer will be responsible for tasks such as vegetation clearance, site leveling, civil works, and obtaining the necessary permits and clearances.
BHEL’s tender aims to promote established and operational technologies to minimize technology risks and ensure timely project commissioning. Interested bidders must have prior experience in establishing and maintaining ground-mounted solar plants with a capacity of at least 2 MW.
View tender document for more details: