Central Electronics Ltd invites EoI to develop 200 MW solar projects

Central Electronics Limited (CEL) has floated tenders inviting expressions of interest (EoI) to develop 200 MW of solar projects anywhere in India by engineering, procurement, and construction (EPC) contractors. The public sector enterprise plans to implement ground-mounted solar power generating systems ranging from 2 MW to 10 MW with a cumulative capacity of 200 MW across India. The deadline for submitting bids is 10 September 2021, and bids will be opened on the same day. The successful bidder should pay Rs 300,000 as a security deposit for empanelment with CEL. The security deposit is going to be returned after 15 months and will not be adjusted in any manner. The applicant should be registered in India with the Ministry of Corporate Affairs (MCA) or National Small Industries Corporation (NSIC), or Digital India Corporation (DIC) for the past three years. The bidder must have supplied, commissioned, designed and installed a cumulative capacity of 5 MW of grid-connected solar power projects either indirectly or directly for any government agency or public sector undertaking or any company listed on the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE) in the last five years. Out of the overall capacity, the bidders must have installed one 1 MW project at a single location in the past five years to take part in the bidding process. Renewable energy service company (RESCO) model plant may also be considered for the bidding. Nevertheless, the bidder should submit the power purchase agreement signed with the central government electricity board or the state government with the application or latest invoice. The certificate issued by the designated agency stating that the plant is operational on date should also be submitted. Consortiums are not allowed to take part in this EoI, but group companies, or subsidiaries or joint ventures (JVs) are allowed to participate. The minimum average revenue of the bidder must be at least Rs 200 million in the last three financial years. The bidder should submit a certificate of solvency of Rs 50 million from any nationalised or scheduled commercial bank. The bidder should not be debarred or blacklisted by any organisation, autonomous organisation, public sector undertaking, or government agency. Image Source Also read: Central Electronics floats tender for 2,000 mono PERC cells