Engineering Projects (India) Limited Invites EOI For 250 MW Solar EPC Project With Land And O&M In Rajasthan

Engineering Projects (India) Limited (EPIL), a Mini Ratna public sector enterprise under the Ministry of Heavy Industries, has invited Expressions of Interest (EOI) from experienced contractors and associates for a pre-tender partnership related to a large-scale solar power project in Rajasthan. The EOI, issued under reference EPI/CO/BDD/EOI/057 dated June 5, 2026, aims to identify a suitable associate for participation in an upcoming Engineering, Procurement, and Construction (EPC) package with land.

The proposed project involves the development of an AC grid-connected solar photovoltaic power plant with a capacity of up to 250 MW. The project is planned near the 220 kV Bikaner-IV substation at Ambaran in Rajasthan and includes the associated transmission line infrastructure along with comprehensive operation and maintenance services for a period of three years. The original tender has been floated by SJVN Green Energy Limited (SGEL) under PSPCL ET-3.

According to the EOI document, the selected associate will be responsible for a wide range of activities, including the identification and acquisition of suitable land parcels. The bidder must either facilitate complete ownership transfer of the land or arrange a lease agreement for 28 years in favor of SGEL. The scope further includes design, engineering, manufacturing, procurement, supply, installation, testing, erection, and commissioning of the solar power project. Power evacuation facilities up to the interconnection point and comprehensive operation and maintenance of the solar plant, switchyard, and transmission infrastructure for three years are also part of the contract.

To qualify, applicants must meet specific technical and financial requirements. On the technical side, bidders should have successfully executed grid-connected solar projects totaling at least 30 MWp during the last ten years, including one solar plant of at least 10 MWp that has been operational for a minimum of three months. Alternatively, developers or EPC contractors who have completed an industrial or infrastructure project with a value of at least Rs. 1.59 crore per MW, along with a substation of 33 kV or higher, are also eligible.

Financial eligibility criteria require an average annual turnover of at least Rs. 400 crore during the last three completed financial years, namely FY 2022-23, FY 2023-24, and FY 2024-25. Applicants should not have incurred losses in more than two of the last five financial years. In addition, they must possess a minimum net worth of Rs. 80 crore as of March 31, 2025, or provide a bank solvency certificate worth at least Rs. 320 crore.

The EOI process commenced on June 5, 2026. The clarification period remains open from June 6 to June 9, 2026, up to 5:00 PM. Interested bidders must submit their online EOI applications and sealed price bids by June 15, 2026, at 2:00 PM. The proposals are scheduled to be opened on June 16, 2026, at 2:00 PM.

Applicants are required to pay a non-refundable EOI document fee of Rs. 29,500, including GST, along with a refundable EMD of Rs. 20 lakh. The selected associate will also need to arrange a tender EMD of Rs. 26.50 crore in favor of SGEL and provide the required performance bank guarantees as per the final tender conditions, taking full responsibility for project execution.