NTPC SAIL Power Company Limited (NSPCL), a joint venture of NTPC and SAIL, has invited online bids for setting up a 20 MW floating solar PV project at Maroda Reservoir-2 in Bhilai. The tender will be carried out through a domestic competitive bidding process using a single-stage, two-envelope system, which includes a techno-commercial bid and a price bid.
The project involves a wide scope of work. The selected contractor will handle detailed design, engineering, supply, installation, testing, and commissioning of the floating solar plant. This also includes civil, electrical, and mechanical auxiliary systems. Key components of the project include the supply and installation of floating structures, anchoring systems, and solar PV modules. In addition, the contractor will be responsible for building the power evacuation system, which will include a 33 kV underground cable and a central monitoring system supported by SCADA. After commissioning, the contractor will also provide operation and maintenance services for a period of three years.
To participate in the bidding process, companies must meet certain technical and financial requirements. On the technical side, bidders must have prior experience in commissioning grid-connected solar PV projects with a total capacity of at least 16 MWp. Out of this, at least one project should be of 10 MWp or more. Financially, the bidder must have an average annual turnover of at least Rs. 120 crore over the last three financial years. The net worth of the bidder must also be equal to or more than its paid-up share capital.
The tender requires bidders to submit an Earnest Money Deposit (EMD) of Rs. 2 crore. Details regarding the Performance Bank Guarantee (PBG) have not been specified in the summary but are available in the complete tender documents on the official e-procurement portal.
The bidding process follows a strict timeline. The tender documents were made available for download starting April 24, 2026. The last date for submitting queries is May 7, 2026, followed by a pre-bid conference on the same day. Bid submission will begin on May 8, 2026, and close on May 18, 2026. The techno-commercial bids will be opened on May 19, 2026.
All bids must be submitted through the governmentโs e-procurement portal. Participation is restricted to Class-I and Class-II local suppliers under the Make in India policy. Additionally, bidders from countries sharing land borders with India must be registered with the appropriate authority to qualify for participation.

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