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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code