Jammu and Kashmir Energy Development Agency (JAKEDA) has issued an invitation for bids to enlist vendors for a rate contract aimed at implementing grid-connected solar power projects ranging from 1 kW to 30 kW. These projects are intended to solarize approximately 4,000 existing agricultural pumps.
These initiatives fall under Component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Program.
The vendors selected will be required to complete the projects within a span of three months from the issuance of the work order. Additionally, they will be responsible for overseeing the maintenance of the projects for a duration of five years.
The estimated cost of the project stands at ₹140 crores.
Interested parties are expected to submit their bids by March 1, 2024, with the opening of bids scheduled for March 4.
To participate, bidders must furnish an interest-free bid bond amounting to ₹50 lakhs. Furthermore, successful bidders must provide a performance security deposit equivalent to 5% of the total value of the work order.
Eligible bidders should have prior experience in solarizing a minimum cumulative quantity of 200 individual grid-connected agriculture pumps under PM-KUSUM Component-C or installing solar pumps under Component B between April 1 and February 29, 2024, for government organizations.
Moreover, bidders are required to demonstrate a minimum average annual turnover of ₹20 crores over the past three financial years. Their net worth as of the last day of the preceding financial year should not be less than 100% of the paid-up share capital.
In addition to the above requirements, bidders must supply a solar variable frequency drive (SVFD) along with the solar project. The SVFD, also referred to as a solar pump inverter, facilitates the conversion of direct current from solar panels into alternating current. It should allow for real-time adjustment of output frequency based on sunlight intensity to optimize power generation. Importantly, it should function independently of the grid power, ensuring operation even in off-grid conditions.
Furthermore, only modules listed on the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers are permitted for usage. These modules must have a minimum capacity of 500 Wp and be warranted for their output peak watt capacity, which should not degrade below 90% after 10 years and 80% after 25 years of operation.
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