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

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->