Indian Oil Corporation (IOCL) has invited bids for the development of a one Megawatt (MW) alternating current grid-connected solar power project at its Liquefied Petroleum Gas (LPG) Bottling Plant in Tikri Kalan, Delhi. The tender covers engineering, procurement and construction (EPC) along with long-term operation and maintenance (O&M) services and will be awarded through an electronic two-bid process. The total estimated project cost is Rs. 56.7 mn, inclusive of goods and services tax.

The facility will be connected through a group metering arrangement with the Indian Oil Bhawan Northern Region Office in New Delhi. Work has been divided into two parts, with Part I comprising EPC activities and one year of comprehensive O&M after commissioning to be completed within 18 months of issuance of the Letter of Award (LOA). Part-II comprises an additional four years of O&M covering the solar plant and associated power evacuation infrastructure.

Interested bidders are required to submit an Earnest Money Deposit (EMD) of Rs. zero point one four two million, while government organisations, public sector undertakings, IOCL subsidiaries, joint ventures and recognised startups are exempted from the EMD requirement. The exemption does not extend to Micro and Small Enterprises since the tender is categorised as a works contract. For payments above Rs. zero point one mn bidders may submit the EMD through the online e-tender portal or provide a Bank Guarantee (BG) or Insurance Surety Bond (ISB).

The successful bidder will be required to furnish a Performance Bank Guarantee or security deposit equal to 10 per cent of the contract value excluding GST, which will be retained until completion of the 12-month defect liability period after Part-I. A separate security deposit equal to 10 per cent of the Part-II contract value must be furnished before commencement of the four-year O&M period. The tender will remain valid for 180 days from the date of technical bid opening and all submissions, updates and clarifications will be managed through the IOCL e-tender portal.