SECI invites bids for O&M of Badi Sid solar project
Bidders must submit Rs 1.21 million ($14,618) as earnest money deposit. The successful bidder will have to furnish an amount equivalent to 3% of the total contract value as the performance bank guarantee.
To be eligible, bidders must have experience as contractors or sub-contractors in O&M of grid-connected ground-mounted solar power projects including services and spares for cumulative capacity not less than 5 MW in the last seven years. The project must be in operation for at least 12 months before the last date of bid submission.
Also, out of the above-mentioned capacity, at least two grid-connected solar projects must have an individual capacity of 1 MW or above in the last seven years.
The bidders must have a minimum average annual turnover of Rs 24.1 million ($291,167) during the last three financial years and a positive net worth in the last financial year.
Additionally, the bidder should have a working capital of at least Rs 3.017 million ($36,450) as of the last day of the previous financial year.
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