IOC solicits bids for 1 MW solar project in Haryana
POWER & RENEWABLE ENERGY

IOC solicits bids for 1 MW solar project in Haryana

Indian Oil Corporation (IOC) has announced a tender for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected open access captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana.

They stated that in addition to commissioning the project, the contract would encompass one year of complete operation and maintenance (O&M) services following construction, along with an additional nine years of extended operation and maintenance support.

It was mentioned that the last date for bid submission was April 29, 2024, with the bid opening scheduled for the subsequent day.

Furthermore, it was noted that the contract duration would span 127 months from the date of the letter of acceptance, with a Part-A duration of 19 months, comprising 7 months for project commissioning and one year for O&M, and a Part-B duration of 9 years from the completion of Part-A.

It was also indicated that the earnest money deposit for the tender amounted to Rs 641,700, with exemptions applicable for central and state public sector undertakings and joint ventures of IOCL.

Moreover, it was stated that the annual turnover of the bidders during any one of the preceding three financial years should not be less than Rs 41.9 million.

In addition, it was outlined that bidders must have executed at least 1 MW of on-grid solar power project with net-metering/gross metering/net billing or feed-in/open access facility in any industry, either as the main contractor or subcontractor, within the last seven years.

The required project experience included three similar completed works, each valued at no less than Rs 21 million; two similar completed works, each valued at no less than Rs 28 million; and one similar completed work valued at no less than Rs 35 million.

Last month, IOCL had invited bids for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh.

Additionally, it was mentioned that late last year, bids were invited for O&M of an existing 1.1 MW solar power project at Indane Bottling Plant, Devanagonthi village in Bengaluru Rural district in Karnataka.

Indian Oil Corporation (IOC) has announced a tender for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected open access captive solar power project at its Northern Region Pipelines in Kurukshetra, Haryana. They stated that in addition to commissioning the project, the contract would encompass one year of complete operation and maintenance (O&M) services following construction, along with an additional nine years of extended operation and maintenance support. It was mentioned that the last date for bid submission was April 29, 2024, with the bid opening scheduled for the subsequent day. Furthermore, it was noted that the contract duration would span 127 months from the date of the letter of acceptance, with a Part-A duration of 19 months, comprising 7 months for project commissioning and one year for O&M, and a Part-B duration of 9 years from the completion of Part-A. It was also indicated that the earnest money deposit for the tender amounted to Rs 641,700, with exemptions applicable for central and state public sector undertakings and joint ventures of IOCL. Moreover, it was stated that the annual turnover of the bidders during any one of the preceding three financial years should not be less than Rs 41.9 million. In addition, it was outlined that bidders must have executed at least 1 MW of on-grid solar power project with net-metering/gross metering/net billing or feed-in/open access facility in any industry, either as the main contractor or subcontractor, within the last seven years. The required project experience included three similar completed works, each valued at no less than Rs 21 million; two similar completed works, each valued at no less than Rs 28 million; and one similar completed work valued at no less than Rs 35 million. Last month, IOCL had invited bids for an EPC contract for a 1 MW solar power project at Southern Region Pipelines in Chittoor, Andhra Pradesh. Additionally, it was mentioned that late last year, bids were invited for O&M of an existing 1.1 MW solar power project at Indane Bottling Plant, Devanagonthi village in Bengaluru Rural district in Karnataka.

Next Story
Infrastructure Urban

Dual Colour Plates Proposed for Hydrogen Vehicles

The Ministry of Road Transport and Highways has issued a draft notification proposing new dual colour registration plates for hydrogen powered vehicles, intended to promote green mobility and simplify roadside identification.Under the plan, private hydrogen cars would carry plates split horizontally: green on the upper half, blue below, with white letters and numerals. Commercial hydrogen vehicles would display the same green blue background, but with yellow characters, while hydrogen fuelled rental cabs would use black over blue with yellow figures.The proposal mirrors existing colour codes f..

Next Story
Real Estate

Godrej Plans Rs 12.5 Billion Plotted Township in Panipat

Godrej Properties Ltd has entered the Panipat market with a 43 acre residential plotted scheme in Sector 40, its fourth such venture in North India. The land, bought at auction for about Rs 1.6 billion, will host roughly 9.5 lakh sq ft (1.02 million sq ft) of plotted development, offering around 420 plots. The company pegs the project’s revenue potential at more than Rs 12.5 billion.Managing Director and Chief Executive Officer Gaurav Pandey said the project aligns with the builder’s strategy of widening its plotted development footprint. “Haryana has long been a ..

Next Story
Real Estate

Sobha To Invest Rs 8 Billion In Greater Noida Luxury Towers

Bengaluru based developer Sobha Ltd will invest about Rs 8 billion in a new luxury residential scheme in Greater Noida, expanding its footprint in the Delhi NCR market.Branded Sobha Aurum, the project comprises two towers of more than 45 storeys and 420 premium flats in Sector 36. Prices start at Rs 11.2 million for a one bedroom home, rising to Rs 34.8 million for a four bedroom unit. Select apartments feature private terraces and corner balconies.Sobha acquired the 3.46 acre plot for roughly Rs 1.6 billion at auction and expects total development outlay to reach about..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?