EESL welcomes tenders for 2 GW single-phase solar inverters

17 Jul 2024 CW Team

Bidders must submit a Rs 25,000 fee for the bidding document and provide an earnest money deposit as follows: - Package I: Rs 71 million - Package II: Rs 73.6 million - Package III: Rs 47.3 million - Package IV: Rs 63.1 million - Package V: Rs 42 million

The successful bidder must furnish 10% of the contract price as a performance bank guarantee. Only single entities can bid; joint ventures or consortiums are not allowed. Participation is limited to Class-I local suppliers with at least 50% local content.

Eligibility criteria:

- Manufacturing experience: Bidders must have produced and supplied the following quantities of solar inverters (1 kW and above) in the last three years: - Package I (North Region): 27,390 units - Package II (West Region): 28,531 units - Package III (South Region): 18,260 units - Package IV (East Region): 23,966 units - Package V (North East Region): 15,978 units

If bidding for multiple packages, the experience requirement is the cumulative sum of the units for each quoted package. For example, bidding for Packages I and II would require a total of 55,921 units (27,390 + 28,531).

- Financial requirements: Bidders must have an average annual turnover over the last three financial years of at least: - Package I (North Region): Rs 532.8 million - Package II (West Region): Rs 552 million - Package III (South Region): Rs 354.5 million - Package IV (East Region): Rs 473 million - Package V (North East Region): Rs 315.3 million

If participating in multiple packages, the turnover requirement is the cumulative sum for all quoted packages.

- Liquid assets or credit facilities: Bidders must have liquid assets or access to credit facilities of at least: - Package I (North Region): Rs 444 million - Package II (West Region): Rs 460 million - Package III (South Region): Rs 295.4 million - Package IV (East Region): Rs 394.1 million - Package V (North East Region): Rs 262.8 million

The liquid asset requirement for multiple packages is the cumulative sum for all quoted packages.

- Net worth: The bidders? net worth in the immediate last financial year must be at least 100% of their paid-up share capital or capital.

Previously, EESL invited bids for supplying 28.72 MW of polycrystalline solar modules (330 Wp and above) for solar power projects in Maharashtra and, in September 2022, issued a tender for contractors to supply 24 MW of solar polycrystalline modules for its decentralized grid-connected solar project in Maharashtra. (Source:Mercom India)

Energy Efficiency Services (EESL) has issued tenders inviting bids for an annual contract to supply 2,000 MW of single-phase solar inverters across India. The last date for bid submission is August 5, 2024. Bidders must submit a Rs 25,000 fee for the bidding document and provide an earnest money deposit as follows: - Package I: Rs 71 million - Package II: Rs 73.6 million - Package III: Rs 47.3 million - Package IV: Rs 63.1 million - Package V: Rs 42 million The successful bidder must furnish 10% of the contract price as a performance bank guarantee. Only single entities can bid; joint ventures or consortiums are not allowed. Participation is limited to Class-I local suppliers with at least 50% local content. Eligibility criteria: - Manufacturing experience: Bidders must have produced and supplied the following quantities of solar inverters (1 kW and above) in the last three years: - Package I (North Region): 27,390 units - Package II (West Region): 28,531 units - Package III (South Region): 18,260 units - Package IV (East Region): 23,966 units - Package V (North East Region): 15,978 units If bidding for multiple packages, the experience requirement is the cumulative sum of the units for each quoted package. For example, bidding for Packages I and II would require a total of 55,921 units (27,390 + 28,531). - Financial requirements: Bidders must have an average annual turnover over the last three financial years of at least: - Package I (North Region): Rs 532.8 million - Package II (West Region): Rs 552 million - Package III (South Region): Rs 354.5 million - Package IV (East Region): Rs 473 million - Package V (North East Region): Rs 315.3 million If participating in multiple packages, the turnover requirement is the cumulative sum for all quoted packages. - Liquid assets or credit facilities: Bidders must have liquid assets or access to credit facilities of at least: - Package I (North Region): Rs 444 million - Package II (West Region): Rs 460 million - Package III (South Region): Rs 295.4 million - Package IV (East Region): Rs 394.1 million - Package V (North East Region): Rs 262.8 million The liquid asset requirement for multiple packages is the cumulative sum for all quoted packages. - Net worth: The bidders? net worth in the immediate last financial year must be at least 100% of their paid-up share capital or capital. Previously, EESL invited bids for supplying 28.72 MW of polycrystalline solar modules (330 Wp and above) for solar power projects in Maharashtra and, in September 2022, issued a tender for contractors to supply 24 MW of solar polycrystalline modules for its decentralized grid-connected solar project in Maharashtra. (Source:Mercom India)

Infrastructure Urban

09 Jan 2026

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

Infrastructure Urban

09 Jan 2026

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..