BPCL invites bids for 15 MW open-access renewable power
POWER & RENEWABLE ENERGY

BPCL invites bids for 15 MW open-access renewable power

Bharat Petroleum Corporation Ltd (BPCL) has floated a tender for supplying 15 MW solar or non-solar open-access renewable power to BPCL and its Mumbai Refinery at Mahul.

According to the tender and Power Purchase Agreement (PPA), the work for the supplier includes evacuation of solar or non-solar renewable power from the generating source to the delivery point.

The bidders are obligated to bid a minimum for a 15 MW solar or non-solar renewable power on a round-the-clock basis and scheduled delivery from 1 July 2021. The tender will be valid from 1 July 2021 to 31 March 2022.

The deadline for submission of the bid is 23 June 2021, along with a pre-bid meeting scheduled for 10 June 2021.

For eligibility, the bidder should own and operate generating units with an installed capacity equal to twice the contract capacity and supply the contract capacity to the company on a round-the-clock basis. According to the tender document, the estimate of the final power capacity is to be procured around 98.64 million units (MU).

As mentioned in the PPA, interested bidders should submit a bank guarantee within seven days of signing the agreement of issue of the letter of intent (LoA). The bank guarantee should be equal to Rs 0.45 per kWh for the purchase obligation of the renewable power target to twice the unit estimated to be supplied through PPA.

The interested bidders will be eligible if their net worth is at least Rs 0.5 crore per MW of the contract capacity, which amounts to Rs 2.25 crore in each of the last three FYs. The average turnover of the bidder in the last three FYs should not be less than Rs 10.62 crore.

Image Source


Also read: IREDA extends bid submission date for CPSU solar projects

Also read: Renewable energy capacity surged over 250% in 6-7 years: Narendra Modi

Bharat Petroleum Corporation Ltd (BPCL) has floated a tender for supplying 15 MW solar or non-solar open-access renewable power to BPCL and its Mumbai Refinery at Mahul. According to the tender and Power Purchase Agreement (PPA), the work for the supplier includes evacuation of solar or non-solar renewable power from the generating source to the delivery point. The bidders are obligated to bid a minimum for a 15 MW solar or non-solar renewable power on a round-the-clock basis and scheduled delivery from 1 July 2021. The tender will be valid from 1 July 2021 to 31 March 2022. The deadline for submission of the bid is 23 June 2021, along with a pre-bid meeting scheduled for 10 June 2021. For eligibility, the bidder should own and operate generating units with an installed capacity equal to twice the contract capacity and supply the contract capacity to the company on a round-the-clock basis. According to the tender document, the estimate of the final power capacity is to be procured around 98.64 million units (MU). As mentioned in the PPA, interested bidders should submit a bank guarantee within seven days of signing the agreement of issue of the letter of intent (LoA). The bank guarantee should be equal to Rs 0.45 per kWh for the purchase obligation of the renewable power target to twice the unit estimated to be supplied through PPA. The interested bidders will be eligible if their net worth is at least Rs 0.5 crore per MW of the contract capacity, which amounts to Rs 2.25 crore in each of the last three FYs. The average turnover of the bidder in the last three FYs should not be less than Rs 10.62 crore.Image SourceAlso read: IREDA extends bid submission date for CPSU solar projects Also read: Renewable energy capacity surged over 250% in 6-7 years: Narendra Modi

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?