BPCL offers 52 MW solar project in UP
It was also stated that the operation and maintenance (O&M) period will start from the date of the operational acceptance test. Bidders were instructed to provide quotes for the O&M charges, taking into account the warranty periods for the various equipment/components specified. Furthermore, bidders were required to provide a minimum of Rs 1 million/ MW as comprehensive O&M Cost.
Moreover, it was specified that the successful bidder would be required to provide a performance bank guarantee of 10% of the base value of the contract order. Eligibility for bidding was limited to Indian entities that have completed three financial years after the commencement of business, as well as Class-I and Class-II local suppliers. Joint ventures and consortium bids were deemed ineligible.
BPCL emphasised its right to accept any tender, clarifying that they are not bound to accept the lowest tender and may reject any or all tenders received without providing reasons.