NTPC Renewable Energy Floats EPC Package With Land Tender For 300 MW Solar PV Project In Goa

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited, has invited bids for an EPC package with land for the development of a 300 MW grid-connected solar PV project in Goa. The project scope covers a wide range of activities, including the identification and acquisition of land, arranging grid connectivity, engineering design, supply of solar PV modules, construction of module mounting structures, inverter rooms, EHV switchyard, internal roads, drainage, and SCADA systems. It also includes dynamic reactive power compensation equipment, CCTV surveillance, performance testing, module cleaning systems, and three years of comprehensive operation and maintenance of the solar plant.

The bidding process is being conducted under a single-stage, two-envelope system, with both techno-commercial and price bids, followed by a reverse auction. The tender documents can be downloaded from August 13, 2025, to August 18, 2025, up to 5:00 PM. A pre-bid conference is scheduled for August 19, 2025. The last date for submission of bids is August 26, 2025, at 3:00 PM, and the techno-commercial bid opening will be held on the same day at 3:30 PM. The cost of bidding documents has been set at INR 22,500.

All bids must be accompanied by an earnest money deposit (EMD) in the form of a bid security of INR 20 crore. This serves as a mandatory requirement, and bids without it will be considered non-responsive and rejected. Additionally, the successful bidder will be required to provide a performance bank guarantee (PBG) as per tender conditions after the award of the contract, ensuring proper execution of the project.

The technical qualifying criteria require bidders to have experience in developing or executing solar PV projects of a minimum cumulative capacity of 40 MWp, with at least one project of 10 MWp or higher that has been operational for at least six months. Alternatively, experience in executing industrial projects in related sectors worth at least INR 206 crore in a single project is acceptable, provided the bidder has also executed an electrical substation of 33 kV or higher. Financially, bidders must have an average annual turnover of at least INR 206 crore over the last three financial years, with a net worth not less than 100% of paid-up share capital.

NTPC REL has clarified that bidders from countries sharing a land border with India can participate only if they are registered with the competent authority of the Government of India. Interested parties must also submit a signed Non-Disclosure Agreement (NDA) along with the cost of bidding documents within the document sale period in order to access the official tender documents. The bids are to be submitted online via the ETS portal (Tender Search Code: NTPCREL-2025-TN000019). The company reserves the right to reject or cancel the tender without assigning any reason. This tender is part of NTPC’s larger push to expand renewable energy capacity in India, contributing significantly towards the national target of clean energy transition.