IOCL Floats ₹5.67 Crore Tender For 1 MW Solar Power Project At Delhi LPG Bottling Plant

Indian Oil Corporation Limited (IOCL) has invited bids for the development of a 1 MWp (AC) grid-connected solar power project at its LPG Bottling Plant in Tikri Kalan, Delhi. The project will be executed under an electronic two-bid tender process and includes engineering, procurement, construction (EPC), as well as long-term operation and maintenance (O&M) services. The solar facility will be connected through a group metering arrangement with the Indian Oil Bhawan Northern Region Office in New Delhi.

According to the tender document, the total estimated project cost is Rs. 5.67 crore, including GST. The work has been divided into two parts. The first phase covers the EPC activities along with one year of comprehensive operation and maintenance after commissioning. This phase must be completed within 18 months from the issuance of the Letter of Award (LOA). The second phase consists of an additional four years of operation and maintenance for the solar plant and its associated power evacuation infrastructure.

Interested bidders are required to submit an Earnest Money Deposit (EMD) of Rs. 1.42 lakh. However, government organizations, public sector undertakings, IOCL subsidiaries and joint ventures, as well as recognized startups, are exempt from the EMD requirement. The exemption is not available for Micro and Small Enterprises (MSEs) since the tender falls under the works contract category. For payments above Rs. 1 lakh, bidders may submit the EMD through the online e-tender portal or by providing a Bank Guarantee (BG) or Insurance Surety Bond (ISB).

The successful bidder will also be required to furnish a Performance Bank Guarantee or Security Deposit equal to 10% of the contract value, excluding GST. This amount will be retained until the completion of the 12-month defect liability period after Part-I. A separate security deposit of 10% of the Part-II contract value will be required before the commencement of the four-year O&M period.

The tender will remain valid for 180 days from the date of technical bid opening. All tender-related submissions, updates, and clarifications will be managed through the official IOCL e-tender portal.