GSECL invites bids for 220 MW solar projects in Gujarat
POWER & RENEWABLE ENERGY

GSECL invites bids for 220 MW solar projects in Gujarat

Gujarat State Electricity Corporation (GSECL) has invited bids for the engineering, procurement, and construction (EPC) package to set up 220 MW of solar projects anywhere in Gujarat under the Gujarat Urja Vikas Nigam’s (GUVNL’s) tender to procure 750 MW (Phase-XVI) of solar power.

The successful bidder will also have to take care of the project’s operation and maintenance (O&M) activities for ten years. The last date to submit the bids is August 17, 2022. Bids will open on the same day.

Bidders will have to submit Rs 88 million as an earnest money deposit. The successful bidder should submit a security deposit-cum-performance bank guarantee of 10% of the EPC contract price within seven working days from the issue of the letter of intent (LoI). The selected contractor must also submit the O&M bank guarantee equivalent to 5% of the EPC contract price to GSECL within 30 days from the start of the O&M period. The estimated cost of the tender is Rs 8.8 billion.

Bidders should have previously designed, supplied, erected, supervised, and commissioned grid-connected solar power projects of a cumulative installed capacity of 20% or higher of the total bid capacity. Out of this, at least one plant should have been 5% or higher of total bid capacity.

Gujarat State Electricity Corporation (GSECL) has invited bids for the engineering, procurement, and construction (EPC) package to set up 220 MW of solar projects anywhere in Gujarat under the Gujarat Urja Vikas Nigam’s (GUVNL’s) tender to procure 750 MW (Phase-XVI) of solar power. The successful bidder will also have to take care of the project’s operation and maintenance (O&M) activities for ten years. The last date to submit the bids is August 17, 2022. Bids will open on the same day. Bidders will have to submit Rs 88 million as an earnest money deposit. The successful bidder should submit a security deposit-cum-performance bank guarantee of 10% of the EPC contract price within seven working days from the issue of the letter of intent (LoI). The selected contractor must also submit the O&M bank guarantee equivalent to 5% of the EPC contract price to GSECL within 30 days from the start of the O&M period. The estimated cost of the tender is Rs 8.8 billion. Bidders should have previously designed, supplied, erected, supervised, and commissioned grid-connected solar power projects of a cumulative installed capacity of 20% or higher of the total bid capacity. Out of this, at least one plant should have been 5% or higher of total bid capacity.

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