NHPC Limited has invited bids for a competitive tariff-based selection process for setting up 1200 MW (1.2 GW) ISTS-connected solar power projects in India. These projects will be integrated with an energy storage system (ESS) of 600 MW/2,400 MWh under the Green Shoe Option. The selection will be conducted through an online reverse auction (e-RA) as part of NHPC-Tranche-XI-Solar with Storage (2024-25).
Interested bidders can access the tender documents through the Central Public Procurement (CPP) portal. The last date for the bid submission will be 28th April 2025.
The tender will follow a two-envelope bidding process, where the first envelope will contain the online technical and commercial bid, while the second envelope will contain the financial bid.
The earnest money deposit (EMD) required for this bid is calculated as follows: ₹9,42,000 per MW of the solar component’s rated installed capacity and ₹13,64,000 per MW of the ESS component’s rated installed capacity. The total EMD will vary based on the project capacity selected by the bidder. The performance bank guarantee (PBG) amount will also be determined based on the project size.
The validity period for the bid is 180 days from the last date of bid submission. The project completion timeline follows the “Scheduled Commercial Operation Date (SCOD)” as defined in Section 2 of the tender document.
The authority responsible for inviting and processing the tender is the General Manager (Civil Contracts-I) at NHPC’s Corporate Office in Faridabad, Haryana. All interested bidders must register for e-tendering on the CPP portal and submit their bids before the final submission deadline.
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