NTPC Green Energy Invites Bids For 600 MW Solar PV Modules For Gujarat INGEL Project

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has invited bids for the supply of solar photovoltaic (PV) modules for its 600 MW INGEL Solar Project in Gujarat. This project is part of India’s ongoing efforts to expand renewable energy capacity and support sustainable power generation. The tender process is domestic competitive bidding and will be conducted in two stages: a techno-commercial bid followed by a price bid. Notably, there will be no reverse auction involved.

The INGEL Solar Project is located in Bhuj, Gujarat, and has a total direct current (DC) capacity of 750 megawatt peak (MWp). This capacity is split into two equal blocks of 375 MWp each. The scope of work includes manufacturing, supply, packing, forwarding, and transportation of crystalline solar PV bifacial modules. These modules must have a minimum nominal power rating of 570 watts peak (Wp). Furthermore, the modules should belong to the OPEN Category and be included in the Approved List of Models and Manufacturers (ALMM) for solar PV modules as per government regulations. NGEL also requires an additional 1% of the total quantity as spare modules to ensure smooth operation and maintenance.

NGEL plans to finance this solar project using its own funds and possibly through external borrowings, reflecting its strong commitment to growing renewable energy assets. The bidding documents for the project were made available online from June 9, 2025, to June 23, 2025. A pre-bid conference was held, and bidders could send their queries until June 24, 2025. The deadline for submitting the first stage of bids—the techno-commercial bids—was July 3, 2025, by 3 PM Indian Standard Time (IST). The bids were scheduled to be opened the same day at 3:30 PM IST. To participate, bidders had to pay a fee of INR 22,500 for the bidding documents.

An important part of the bidding process is the submission of bid security, which varies depending on the quoted module capacity. For bidders quoting for a single block of 378.75 MWp, the bid security amount is ₹10 crore (100 million). For those bidding for both blocks, totaling 757.5 MWp, the bid security requirement doubles to ₹20 crore (200 million). Bids that are not accompanied by the correct bid security will be rejected outright.

To qualify for participation, bidders must meet specific technical and financial criteria. On the technical side, bidders need to have supplied solar PV modules or solar PV cells with a total capacity of at least 40 MWp before the techno-commercial bid opening date. Additionally, at least one of these supply orders should be for 10 MWp or more. Bidders who do not meet this criterion personally can still participate if their group company, holding company, or subsidiary meets the requirement, provided a joint undertaking is submitted.

Financially, the bidders must have an average annual turnover of at least ₹90 crore for a single block or ₹180 crore for two blocks over any three financial years preceding the techno-commercial bid opening date. Furthermore, the net worth of the bidder should be equal to or more than their paid-up share capital as of the last day of the previous financial year. These conditions are designed to ensure that only financially stable and experienced companies take part in the project.

Interested bidders are required to register on the ISN Electronic Tender Services (ETS) website to participate. The cost of the bidding documents must be paid via electronic transfer or NEFT to the specified INGEL account. Additionally, bidders must submit a duly signed Non-Disclosure Agreement to gain access to the bidding documents.

NGEL has made it clear that it reserves the right to reject any or all bids or cancel the invitation for bids without providing any reason. This cautious approach reflects the competitive nature of large-scale renewable energy projects and the desire to maintain transparency and fairness in the procurement process.

This tender represents a significant opportunity for solar module manufacturers and suppliers in India to contribute to one of the country’s major renewable energy projects, helping to further India’s goals for clean energy and sustainable development.