REMCL invites bids for 14 MW solar project for Indian Railways in UP

A joint venture (JV) of the Indian Railways and RITES Limited, Railway Energy Management Company Limited (REMCL) invited bids to develop a 14 MW grid-connected rooftop solar project for Indian Railways at the Modern Coach Factory, Raebareli, Uttar Pradesh. The successful bidder will be responsible for the operations and maintenance (O&M) of this project for 25 years. The last date for bid submission is May 17, 2022. The bids shall be opened on the same day. The successful bidder will have to furnish an amount equivalent to Rs 1.07 million per MW as a performance bank guarantee after the issuance of the letter of award. The 14 MW solar project will be used at Modern Coach Factory and other locations in Uttar Pradesh. Solar energy is being utilized to fulfill the state's obligations for renewable purchase obligation (RPO). This tender does not have any central financial assistance or any other type of support from the Ministry of New and Renewable Energy or Indian Railways. In order to participate in the bidding process, one must have paid for or received payments for successful commissioning of at least 100 kW at a single location over the past three years and thereby reached a minimum value of 35% of offered capacity. The total amount which is paid or received by bidders in the last three financial years before the bid due date should be at least 150% of the estimated project. Image Source Also read: Central Railway adds 4 more sites generating solar power