REMCL invites bids for 14 MW solar project for Indian Railways in UP
POWER & RENEWABLE ENERGY

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

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

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?