+
Hindustan Petroleum Floats EPC Tender for 105 MW of Solar Projects
POWER & RENEWABLE ENERGY

Hindustan Petroleum Floats EPC Tender for 105 MW of Solar Projects

HPCL Renewable and Green Energy (HPRGEL), a subsidiary of Hindustan Petroleum Corporation, has invited bids for the engineering, procurement, and construction (EPC) package with land for 105 MW of state transmission utility-connected solar power projects in Maharashtra. The last day to submit the bids is November 27, 2024. Bids will be opened on the same day. The project must be completed within 11 months of issuing the award letter. Bidders must submit an earnest money deposit of Rs 1 million (~$11,847) per schedule. Selected bidders must submit 2% of the EPC contract value as performance security within 15 days from the bid acceptance. They must also submit 5% of the operation and maintenance (O&M) contract value as a bank guarantee. Bidders must identify and offer suitable land (minimum 3 acres/MW) for the project and its grid evacuation arrangement through direct lease or sub-lease to HPRGEL. Land leases will have a tenure of 27 years, with lease deed registration costs covered by HPRGEL. Payments for land leases will be governed by the lease agreement and not through separate purchase orders. Bidders must have commissioned at least 10 MW of solar projects in India in the last ten years to qualify for Schedules 1–4, while a minimum of 12.5 MW is required for Schedule 5. They must demonstrate an average annual turnover of Rs 133 million (~$1.57 million) for Schedules 1–4 and Rs 167 million (~$1.97 million) for Schedule 5. Bidders participating in multiple schedules should meet the cumulative sum of individual schedules. Only solar modules registered in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy must be used in the projects. In June, HPRGEL invited bids for land and EHV transmission system packages for 600 MW solar power projects in Gujarat, Maharashtra, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.

HPCL Renewable and Green Energy (HPRGEL), a subsidiary of Hindustan Petroleum Corporation, has invited bids for the engineering, procurement, and construction (EPC) package with land for 105 MW of state transmission utility-connected solar power projects in Maharashtra. The last day to submit the bids is November 27, 2024. Bids will be opened on the same day. The project must be completed within 11 months of issuing the award letter. Bidders must submit an earnest money deposit of Rs 1 million (~$11,847) per schedule. Selected bidders must submit 2% of the EPC contract value as performance security within 15 days from the bid acceptance. They must also submit 5% of the operation and maintenance (O&M) contract value as a bank guarantee. Bidders must identify and offer suitable land (minimum 3 acres/MW) for the project and its grid evacuation arrangement through direct lease or sub-lease to HPRGEL. Land leases will have a tenure of 27 years, with lease deed registration costs covered by HPRGEL. Payments for land leases will be governed by the lease agreement and not through separate purchase orders. Bidders must have commissioned at least 10 MW of solar projects in India in the last ten years to qualify for Schedules 1–4, while a minimum of 12.5 MW is required for Schedule 5. They must demonstrate an average annual turnover of Rs 133 million (~$1.57 million) for Schedules 1–4 and Rs 167 million (~$1.97 million) for Schedule 5. Bidders participating in multiple schedules should meet the cumulative sum of individual schedules. Only solar modules registered in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy must be used in the projects. In June, HPRGEL invited bids for land and EHV transmission system packages for 600 MW solar power projects in Gujarat, Maharashtra, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?