+
CREST invites bids for 2 MW floating solar projects in Chandigarh
POWER & RENEWABLE ENERGY

CREST invites bids for 2 MW floating solar projects in Chandigarh

Chandigarh Renewable Energy and Society (CREST) issues an Engineering, Procurement, and Construction (EPC) tender for the installation of 2 MW grid-connected floating solar projects in Chandigarh with high power evacuation systems.

The estimated cost of the project is Rs 120 million.The last date for bid submission is February 26, 2022.The technical bids will commence on February 28 and the pre-bid meeting will be held on February 18.

Bidders need to furnish an earnest money deposit worth Rs 2.4 million.The successful bidder is required to submit 3% of the contract value for the performance bank guarantee within 15 days from the issuance date of the work order.

The scope of work comprises manufacturing, erection, design, supply, testing, and the commissioning of two one MW grid-connected floating solar projects.They will be located in sector 39 Chandigarh’s Water Works, tank number seven and eight. After the projects are commissioned, the successful bidder needs to provide a comprehensive operation and maintenance service for a period of ten years.

In order to participate in the bidding process, the bidders need to have one similar project completed at a cost not lower than 80% of the estimated cost of the project in the past seven years.

The bidders must have also commissioned two similar projects of not less than 50% of the estimated cost of the project or three similar projects of not less than 40% of the estimated cost of the project. Other requirements can be checked on their website.

Image Source

Also read: Odisha set for India's largest floating solar power project

Chandigarh Renewable Energy and Society (CREST) issues an Engineering, Procurement, and Construction (EPC) tender for the installation of 2 MW grid-connected floating solar projects in Chandigarh with high power evacuation systems. The estimated cost of the project is Rs 120 million.The last date for bid submission is February 26, 2022.The technical bids will commence on February 28 and the pre-bid meeting will be held on February 18. Bidders need to furnish an earnest money deposit worth Rs 2.4 million.The successful bidder is required to submit 3% of the contract value for the performance bank guarantee within 15 days from the issuance date of the work order. The scope of work comprises manufacturing, erection, design, supply, testing, and the commissioning of two one MW grid-connected floating solar projects.They will be located in sector 39 Chandigarh’s Water Works, tank number seven and eight. After the projects are commissioned, the successful bidder needs to provide a comprehensive operation and maintenance service for a period of ten years. In order to participate in the bidding process, the bidders need to have one similar project completed at a cost not lower than 80% of the estimated cost of the project in the past seven years. The bidders must have also commissioned two similar projects of not less than 50% of the estimated cost of the project or three similar projects of not less than 40% of the estimated cost of the project. Other requirements can be checked on their website. Image Source Also read: Odisha set for India's largest floating solar power project

Next Story
Real Estate

Rs 24.4 Trillion Worth Of Plots Launched Since 2022

Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger ap..

Next Story
Infrastructure Urban

Wyndham, Cygnett To Add 60 Hotels Across South Asia

Wyndham Hotels & Resorts has entered into a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to significantly expand its presence across South Asia. The collaboration will bring Wyndham’s La Quinta and Registry Collection Hotels brands to India, with plans to develop over 60 hotels across India, Bangladesh, Sri Lanka, and Nepal in the next ten years.This move seeks to capitalise on the growth of India’s travel and tourism industry, fuelled by infrastructure investments, a growing middle class, and rising domestic and international tourism.Dimitris M..

Next Story
Infrastructure Urban

Marengo Asia To Invest Rs 1.5 Billion In West India Expansion

Marengo Asia Healthcare, a prominent multi-specialty hospital platform backed by marquee investors including Samara Capital, Havells Family Office, and the Godrej Family Office, has announced a strategic investment of Rs 1.5 billion to expand its presence into Maharashtra and Rajasthan. The move is part of the group’s wider vision to build a pan-India network by strengthening its operations across northern and western India.Currently operating around 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo plans to double its bed capacity to 3,000 within the next 12 months. This wi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?