BHEL initiates tender for 5 MW solar project in Haridwar
POWER & RENEWABLE ENERGY

BHEL initiates tender for 5 MW solar project in Haridwar

Bharat Heavy Electricals (BHEL) has issued an invitation for bids from project developers to establish a 5 MW ground-mounted solar power project at its Ranipur facility in Haridwar on a build, own, operate, and maintain basis.

It was stated that the scope of work includes the development, construction, synchronisation, commissioning, operation, and maintenance of the solar project. Additionally, it involves the establishment of the evacuation network up to the BHEL substation.

It was further specified that the selected bidder would be required to enter into a 25-year power purchase agreement (PPA) with BHEL.

The deadline for submitting the bids was revealed to be February 6, 2024, with the opening of bids scheduled for the same day.

It was outlined that bidders must furnish an earnest money deposit of Rs 3 million. The winning bidder is obligated to provide a performance bank guarantee (PBG) of Rs 12.85 million prior to signing the PPA or within 21 days of receiving the letter of intent, whichever occurs first.

The project was mandated to be commissioned within six months from the effective PPA date, with no provision for partial commissioning. A delay in commissioning up to one month would lead to the encashment of a partial PBG of Rs 3 million, calculated proportionally on a per-day basis. For delays extending beyond one month and up to three months, the remaining PBG of Rs 9.85 million would be encashed.

It was emphasised that the declared annual Capacity Utilisation Factor (CUF) must never fall below the CUF specified for each year in the tender by BHEL.

It was clarified that any surplus power generated by the project would be directly sold to BHEL, which reserved the right to sell or utilise the excess power at its discretion.

Bidders were required to have established ground-mounted solar power projects with a capacity of not less than 2.5 MW, and individual projects should have capacities of not less than 1 MW. Furthermore, bidders must possess experience in operating and maintaining solar projects with a capacity of 2.5 MW over the last seven financial years. These solar projects must have been commissioned and operational for a minimum of one year.

Bharat Heavy Electricals (BHEL) has issued an invitation for bids from project developers to establish a 5 MW ground-mounted solar power project at its Ranipur facility in Haridwar on a build, own, operate, and maintain basis. It was stated that the scope of work includes the development, construction, synchronisation, commissioning, operation, and maintenance of the solar project. Additionally, it involves the establishment of the evacuation network up to the BHEL substation. It was further specified that the selected bidder would be required to enter into a 25-year power purchase agreement (PPA) with BHEL. The deadline for submitting the bids was revealed to be February 6, 2024, with the opening of bids scheduled for the same day. It was outlined that bidders must furnish an earnest money deposit of Rs 3 million. The winning bidder is obligated to provide a performance bank guarantee (PBG) of Rs 12.85 million prior to signing the PPA or within 21 days of receiving the letter of intent, whichever occurs first. The project was mandated to be commissioned within six months from the effective PPA date, with no provision for partial commissioning. A delay in commissioning up to one month would lead to the encashment of a partial PBG of Rs 3 million, calculated proportionally on a per-day basis. For delays extending beyond one month and up to three months, the remaining PBG of Rs 9.85 million would be encashed. It was emphasised that the declared annual Capacity Utilisation Factor (CUF) must never fall below the CUF specified for each year in the tender by BHEL. It was clarified that any surplus power generated by the project would be directly sold to BHEL, which reserved the right to sell or utilise the excess power at its discretion. Bidders were required to have established ground-mounted solar power projects with a capacity of not less than 2.5 MW, and individual projects should have capacities of not less than 1 MW. Furthermore, bidders must possess experience in operating and maintaining solar projects with a capacity of 2.5 MW over the last seven financial years. These solar projects must have been commissioned and operational for a minimum of one year.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?