NHPC Limited has invited online bids for setting up solar power plants with a total capacity of 1200 MW at Jalaun Solar Power Park in Uttar Pradesh. The project is divided into four units of 300 MW each and will be awarded through a Tariff-Based Competitive Bidding process with an e-Reverse Auction. NHPC is conducting the bidding on behalf of Bundelkhand Saur Urja Limited, a joint venture of NHPC and UPNEDA. The selection of developers will be based on a single-stage, two-part bidding system, which includes a techno-commercial bid and a financial bid.
The last date for receiving queries and clarifications from bidders is 12th August 2025 until 11:00 AM. A pre-bid meeting is scheduled for 14th August 2025 at 3:00 PM. The online bid submission will begin on 25th August 2025 at 11:00 AM and will close on 5th September 2025 at 5:30 PM. Offline submission of documents must be completed by 8th September 2025 at 5:00 PM at the NHPC Office in Faridabad. The technical bids will be opened on 10th September 2025 at 3:00 PM. The date for opening the financial bids and the start of the e-reverse auction will be informed later.
The bid security or Earnest Money Deposit (EMD) required for participation is ₹10 crore. The commissioning period for the project is 18 months from the effective date of the Power Purchase Agreement (PPA). The period of bid validity is 180 days from the last date of submission. Interested bidders must submit a non-refundable processing fee as prescribed in the tender document.
Only Indian legal entities or consortia with Indian companies as lead members are eligible to bid. LLPs are not allowed. The bidders should not be blacklisted, involved in fraudulent activities, or undergoing insolvency resolution. They must also meet specific financial criteria. The net worth required is ₹79.48 lakh per MW of the quoted capacity. For example, for 300 MW, the required net worth is approximately ₹238.46 crore. In terms of liquidity, bidders need either a minimum annual turnover of ₹119.22 lakh per MW or working capital of ₹44.16 lakh per MW during the previous financial year.
Bidders must use commercially established technologies and provide detailed technical parameters. The submission process is entirely online through the CPP portal, with the requirement to submit certain documents offline as well. The use of digital signatures is mandatory for uploading the bids. Interested bidders are encouraged to review the portal frequently for any updates or changes.
All bids will be evaluated based on the eligibility and qualification criteria. NHPC reserves the right to cancel or reject any or all bids without assigning a reason and without incurring any liability to the bidders.
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