+
GIPCL floats tender for 75 MW grid-connected solar plant in Surat
POWER & RENEWABLE ENERGY

GIPCL floats tender for 75 MW grid-connected solar plant in Surat

Gujarat Industries Power Company Limited (GIPCL) has floated tender for the design, engineering, supply, procurement, erection, testing, and launch of 75 MW of grid-connected solar power plant near its Surat Lignite Power Plant in the Surat district of Gujarat.

The successful bidder will additionally have to take care of the project’s operation and maintenance (O&M) activities for three years. The last date to present the proposals online is February 11, 2022. Proposals will be opened on the same day. The successful bidder will have to provide an amount of 10% of the engineering, procurement, and construction (EPC) cost as the performance bank guarantee within two weeks from the issuance of the letter of intent (LoI).

To take part in the bidding process, the bidder should have experience in the design, supply, installation, and launch of solar power plants of a cumulative capacity of 75 MW or more in India on or after January 1, 2015, as on the proposal submission date.

Out of the 75 MW capacity, there must be at least one solar power plant of 60 MW or two separate projects of cumulative capacity of 60 MW. The bidder should additionally present proof of achievement of performance generation guarantee and performance of at least one solar power plant of 30 MW or above, which should have been certified by the developer of that particular solar project.

Additionally, the bidder should have experience of implementing transmission system projects having connectivity up to the state transmission utility or central transmission utility grid at 66 kV voltage level or above, other than in a solar park, either as a part of the solar EPC project or as a separate transmission project.

The cumulative revenue of the bidder during the past three financial years must be Rs 3.5 billion. The bidder’s net worth during the last financial year must be positive.

Image Source

Also read: GSECL floats tender for 220 MW solar projects in Gujarat

Gujarat Industries Power Company Limited (GIPCL) has floated tender for the design, engineering, supply, procurement, erection, testing, and launch of 75 MW of grid-connected solar power plant near its Surat Lignite Power Plant in the Surat district of Gujarat. The successful bidder will additionally have to take care of the project’s operation and maintenance (O&M) activities for three years. The last date to present the proposals online is February 11, 2022. Proposals will be opened on the same day. The successful bidder will have to provide an amount of 10% of the engineering, procurement, and construction (EPC) cost as the performance bank guarantee within two weeks from the issuance of the letter of intent (LoI). To take part in the bidding process, the bidder should have experience in the design, supply, installation, and launch of solar power plants of a cumulative capacity of 75 MW or more in India on or after January 1, 2015, as on the proposal submission date. Out of the 75 MW capacity, there must be at least one solar power plant of 60 MW or two separate projects of cumulative capacity of 60 MW. The bidder should additionally present proof of achievement of performance generation guarantee and performance of at least one solar power plant of 30 MW or above, which should have been certified by the developer of that particular solar project. Additionally, the bidder should have experience of implementing transmission system projects having connectivity up to the state transmission utility or central transmission utility grid at 66 kV voltage level or above, other than in a solar park, either as a part of the solar EPC project or as a separate transmission project. The cumulative revenue of the bidder during the past three financial years must be Rs 3.5 billion. The bidder’s net worth during the last financial year must be positive. Image Source Also read: GSECL floats tender for 220 MW solar projects in Gujarat

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?