HPPCL seeks bids for 50 MW solar projects across Himachal Pradesh
POWER & RENEWABLE ENERGY

HPPCL seeks bids for 50 MW solar projects across Himachal Pradesh

Himachal Pradesh Power Corporation (HPPCL) is seeking proposals for the development of 50 MW solar power projects across the state.

The project entails comprehensive responsibilities, encompassing design, supply, construction, erection, testing, and commissioning. Additionally, the selected project developer will oversee the operation and maintenance (O&M) of these projects for a duration of eight years post-commissioning.

Interested parties must submit their bids by January 21, 2024, with bid opening scheduled for the same day. A tender fee of Rs 25,000 (~$300.56) is required for submission.

To qualify, bidders must demonstrate a minimum average annual turnover of Rs 1.5 billion (~$18.03 million) from operations over the past three financial years. Financial viability is a key criterion, requiring evidence of access to liquid assets, unencumbered real assets, lines of credit, and other financial means to meet specified cash-flow requirements.

Bidders are also expected to have a track record in solar project execution. This includes having successfully completed at least one solar project contract valued at over Rs 900 million (~$10.82 million) in the last decade, with a minimum capacity of 15 MW. Alternatively, bidders can showcase experience in executing two solar projects of 10 MW each, or three projects of 5 MW each, meeting specified participation values.

Furthermore, bidders must have executed an O&M contract for a solar project with a minimum capacity of 12.5 MW for a year within the past ten years.

Notably, HPPCL has recently invited bids for survey agencies to conduct detailed topographical surveys of solar power project sites in various districts of Himachal Pradesh. In June, the World Bank approved a $200 million loan to support Himachal Pradesh in achieving its target of adding 10 GW of renewable energy capacity and implementing power sector reforms.

Himachal Pradesh Power Corporation (HPPCL) is seeking proposals for the development of 50 MW solar power projects across the state. The project entails comprehensive responsibilities, encompassing design, supply, construction, erection, testing, and commissioning. Additionally, the selected project developer will oversee the operation and maintenance (O&M) of these projects for a duration of eight years post-commissioning. Interested parties must submit their bids by January 21, 2024, with bid opening scheduled for the same day. A tender fee of Rs 25,000 (~$300.56) is required for submission. To qualify, bidders must demonstrate a minimum average annual turnover of Rs 1.5 billion (~$18.03 million) from operations over the past three financial years. Financial viability is a key criterion, requiring evidence of access to liquid assets, unencumbered real assets, lines of credit, and other financial means to meet specified cash-flow requirements. Bidders are also expected to have a track record in solar project execution. This includes having successfully completed at least one solar project contract valued at over Rs 900 million (~$10.82 million) in the last decade, with a minimum capacity of 15 MW. Alternatively, bidders can showcase experience in executing two solar projects of 10 MW each, or three projects of 5 MW each, meeting specified participation values. Furthermore, bidders must have executed an O&M contract for a solar project with a minimum capacity of 12.5 MW for a year within the past ten years. Notably, HPPCL has recently invited bids for survey agencies to conduct detailed topographical surveys of solar power project sites in various districts of Himachal Pradesh. In June, the World Bank approved a $200 million loan to support Himachal Pradesh in achieving its target of adding 10 GW of renewable energy capacity and implementing power sector reforms.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?