EESL floats tender for supplying 300 ABT meters

11 Jun 2021 CW Team

The work includes the designing, engineering, manufacturing, assembly, inspection, testing, and commissioning of the ABT meters with the terminal modems, establishing automatic meter reading data, and creating IT-based solutions for remote monitoring of the decentralised solar projects of capacity between 0.3 MW to 10 MW. Five years of maintenance activities will be taken care of by the successful bidder.

The ABT is a pricing mechanism for unscheduled power transactions. It falls under the electricity market mechanism to charge and regulate the power to achieve network stability for long-term and short-term periods.

The deadline to submit the bids online is 24 June, and the bids will be opened on the same day. The pre-bid meeting will be held on 15 June.

The winning bidder will have to furnish 10% of the contract value as the performance security deposit within 28 days, starting from the date of receiving the award letter.

According to the bidding document, the project should be completed within five months from the date of issuance of the award letter.

To participate in the bidding, the bidder should be a manufacturer of ABT meters or a system integrator for providing control, monitoring, and reporting system, or the interested bidder should be a system integrator of ABT meters with terminal modems to create IT-based solutions for decentralised solar power projects.

The interested bidder should have completed a similar work of Rs 23 million, or two works of Rs 14.4 million each, or three works of Rs 11.5 million each.

The average annual turnover of the bidder should be at least Rs 7.1 million for the last three FYs and should have a profitable last FY. The net worth should not be less than 100% of the paid-up share capital.

Further, the bidding document mentions that the interested bidder should not have been blacklisted by central or state agencies.

If the execution of the order goes beyond the stipulated time, CESL will recover the amount from the bidder, which will be equal to 0.5% of the value of delayed equipment installation for each delayed week to a maximum of 5% of the total contract value.

Image Source

Also read: Govt revises smart meter rollout plan, may adopt aggregation model

Also read: EDF instals 1 lakh smart meters in first large deployment in India

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Convergence Energy Services (CESL), a fully-owned subsidiary of Energy Efficiency Services (EESL), has invited tenders for the supply and installation of 300 availability-based tariff (ABT) meters for monitoring the decentralised solar projects in Maharashtra. The work includes the designing, engineering, manufacturing, assembly, inspection, testing, and commissioning of the ABT meters with the terminal modems, establishing automatic meter reading data, and creating IT-based solutions for remote monitoring of the decentralised solar projects of capacity between 0.3 MW to 10 MW. Five years of maintenance activities will be taken care of by the successful bidder. The ABT is a pricing mechanism for unscheduled power transactions. It falls under the electricity market mechanism to charge and regulate the power to achieve network stability for long-term and short-term periods. The deadline to submit the bids online is 24 June, and the bids will be opened on the same day. The pre-bid meeting will be held on 15 June. The winning bidder will have to furnish 10% of the contract value as the performance security deposit within 28 days, starting from the date of receiving the award letter. According to the bidding document, the project should be completed within five months from the date of issuance of the award letter. To participate in the bidding, the bidder should be a manufacturer of ABT meters or a system integrator for providing control, monitoring, and reporting system, or the interested bidder should be a system integrator of ABT meters with terminal modems to create IT-based solutions for decentralised solar power projects. The interested bidder should have completed a similar work of Rs 23 million, or two works of Rs 14.4 million each, or three works of Rs 11.5 million each. The average annual turnover of the bidder should be at least Rs 7.1 million for the last three FYs and should have a profitable last FY. The net worth should not be less than 100% of the paid-up share capital. Further, the bidding document mentions that the interested bidder should not have been blacklisted by central or state agencies. If the execution of the order goes beyond the stipulated time, CESL will recover the amount from the bidder, which will be equal to 0.5% of the value of delayed equipment installation for each delayed week to a maximum of 5% of the total contract value. Image Source Also read: Govt revises smart meter rollout plan, may adopt aggregation model Also read: EDF instals 1 lakh smart meters in first large deployment in India

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..