Railway invites bids for Technical and Financial QualificationFor Empanelment of agencies for Implementation of Roof top Solar PV Projects for Indian Railways.
The bid opening date is February 12, 2024. Bidders are required to remit ₹34,810 as the bid document cost. The successful bidder must enter into a power purchase agreement (PPA) and assume responsibility for the project’s operation and maintenance for a 25-year period.
Moreover, the selected bidder is obligated to provide ₹16.02lakhs/MW as performance security within 30 days of PPA signing.
As per the tender terms, the project developers must supply power exclusively to the zonal railways through a net metering system. Net metering provisions, in accordance with the prevailing norms and regulations of the respective states or as mutually agreed upon between Zonal Railways and SPD, will be integral to the PPA.
Additionally, the successful bidder must furnish an earnest money deposit of ₹10.68lakhs/MW. Bidders need to submit a state-wise bid, specifying the locations where they propose to sell power, with bids for partial capacity being rejected.
The stipulated project completion time is 240 days from the effective date, categorized into two types: rooftop projects with a capacity exceeding 10 kW but not exceeding 100 kW, and larger projects with capacities ranging from 100 kW to 500 kW.
Eligibility criteria for bidders include experience in installing a minimum aggregate of 200 kW capacity of grid-connected solar rooftop systems in developer or EPC mode before the scheduled date of the technical bid submission. Alternatively, bidders should have installed and commissioned a minimum aggregate of 1,000 kW capacity of any grid-connected systems in developer or EPC mode across residential, social, industrial, commercial, and government projects.
Interested bidders must demonstrate an average turnover of ₹1.5 crores per year over the last three financial years and maintain a positive net worth throughout the same period.
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