Indian Oil invites bids to set up solar projects across India
POWER & RENEWABLE ENERGY

Indian Oil invites bids to set up solar projects across India

Energy major Indian Oil Corporation Limited (IOCL) has invited bids to empanel vendors for solar projects at its locations and retail outlets over India.

The working range involves the design, testing, supply, engineering, packing, transportation, storage, commissioning, and installation of the project. For two years, the contract will also cover the operation and maintenance of the project and an additional three years extension subject to satisfactory performance.

The last date of bids submission is 16 October 2021.

IOCL has floated tender in two categories, Category-I: individual solar projects of capacity up to 50 kW based in specific regions, and Category-II: individual solar projects of over 50 kW and up to 500 kW on the basis of all India.

In the last three years, for category-I, the bidder should have installed and commissioned a cumulative capacity of 150 kW to bid.

In the last three years, for category II the bidder should have successfully installed and commissioned a cumulative capacity of 1,500 kW to bid.

In the last three years, the applicant should have achieved the minimum capacities of similar works.

Bidders must have an annual turnover of at least Rs 6.5 million for Category-I and Rs 63 million for Category-II.

Empanel Vendors should have a minimum of one sales or service set up in any union territory or state where they apply under Category-I for empanelment. Under Category-I and Category-II, the empaneled vendor applying must have competed in a minimum of one tender for solar projects at the Indian Oil location.

From January 24, 2020, to July 31, 2020, the application must have been under the empaneled category where the bid was invited. Alternatively, from January 24, 2020, to July 31, 2021, the bidder must have established solar projects in a minimum of two retail outlets of Indian Oil.

IOCL invited bids from engineering, procurement, and construction (EPC) contractors to establish a 2 MW ground-mounted on-grid solar photovoltaic (PV) project at its LPG Bottling Plant at Delhi's Tikri Kalan in June this year.

Image Source


Also read: Tata Power subsidiary gets LoI for 250 MW solar plant in Maharashtra

Energy major Indian Oil Corporation Limited (IOCL) has invited bids to empanel vendors for solar projects at its locations and retail outlets over India. The working range involves the design, testing, supply, engineering, packing, transportation, storage, commissioning, and installation of the project. For two years, the contract will also cover the operation and maintenance of the project and an additional three years extension subject to satisfactory performance. The last date of bids submission is 16 October 2021. IOCL has floated tender in two categories, Category-I: individual solar projects of capacity up to 50 kW based in specific regions, and Category-II: individual solar projects of over 50 kW and up to 500 kW on the basis of all India. In the last three years, for category-I, the bidder should have installed and commissioned a cumulative capacity of 150 kW to bid. In the last three years, for category II the bidder should have successfully installed and commissioned a cumulative capacity of 1,500 kW to bid. In the last three years, the applicant should have achieved the minimum capacities of similar works. Bidders must have an annual turnover of at least Rs 6.5 million for Category-I and Rs 63 million for Category-II. Empanel Vendors should have a minimum of one sales or service set up in any union territory or state where they apply under Category-I for empanelment. Under Category-I and Category-II, the empaneled vendor applying must have competed in a minimum of one tender for solar projects at the Indian Oil location. From January 24, 2020, to July 31, 2020, the application must have been under the empaneled category where the bid was invited. Alternatively, from January 24, 2020, to July 31, 2021, the bidder must have established solar projects in a minimum of two retail outlets of Indian Oil. IOCL invited bids from engineering, procurement, and construction (EPC) contractors to establish a 2 MW ground-mounted on-grid solar photovoltaic (PV) project at its LPG Bottling Plant at Delhi's Tikri Kalan in June this year. Image Source Also read: Tata Power subsidiary gets LoI for 250 MW solar plant in Maharashtra

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?