HPCL Invites Bids for 4.03 MW Solar Power Plants Across Multiple Locations

Hindustan Petroleum Corporation Ltd (HPCL) has announced a tender inviting bids for the supply of 4.03 MW solar power plants at various HPCL locations. The bid, with a deadline of July 26, 2024, at 15:00 IST for submission, will be followed by bid opening at 15:30 IST on the same day. The validity of the bid offers extends for 120 days from the bid end date.

To participate, interested parties are required to provide an Earnest Money Deposit (EMD) for each schedule or group selected during bid creation. The EMD amounts vary depending on the location: Raipur and Lucknow IRD require INR 600,000, while Suryapet Terminal and Coimbatore IRD are set at INR 400,000 each. Indore and Srinagar IRD demand INR 400,000 and INR 600,000 respectively, with Loni Terminal, Sagar IRD, and Gwalior IRD at INR 200,000, INR 100,000, and INR 100,000 respectively.

This initiative by HPCL aims to bolster its renewable energy portfolio across multiple sites, leveraging solar power technology to enhance sustainability and reduce environmental impact. The move underscores HPCL’s commitment to integrating renewable energy solutions into its operational framework, contributing to both energy efficiency and environmental stewardship. Interested stakeholders in the renewable energy sector are encouraged to participate and contribute to HPCL’s green energy initiatives.