JREDA invites bids for 1.39 MW solar systems maintenance
POWER & RENEWABLE ENERGY

JREDA invites bids for 1.39 MW solar systems maintenance

The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39 MW, over a period of five years.

The scope of work encompasses the replacement of power conditioning units, modules, batteries, and other components installed in various villages within Jharkhand's Chatra district.

Interested parties must submit their bids no later than June 14, 2023, with the bid opening scheduled for June 16.

The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder will be required to provide a security deposit equivalent to 10% of the allocated work order cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit a 1% security deposit.

In addition to the security deposit, the successful bidder must also furnish a performance bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work order.

To be eligible for consideration, bidders must have completed three similar projects, each amounting to at least 40% of the total project cost, or two similar projects, each amounting to at least 50% of the total project cost, or one similar project amounting to no less than 80% of the estimated project cost, for any government organization or public sector undertaking within the past seven years.

For MSMEs, the bidder must have completed a similar project valued at no less than 10% of the estimated cost within the past seven years.

Furthermore, the bidder's average annual financial turnover over the past three years should be at least 30% of the estimated cost of the bid quantity.

The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39 MW, over a period of five years. The scope of work encompasses the replacement of power conditioning units, modules, batteries, and other components installed in various villages within Jharkhand's Chatra district. Interested parties must submit their bids no later than June 14, 2023, with the bid opening scheduled for June 16. The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder will be required to provide a security deposit equivalent to 10% of the allocated work order cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit a 1% security deposit. In addition to the security deposit, the successful bidder must also furnish a performance bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work order. To be eligible for consideration, bidders must have completed three similar projects, each amounting to at least 40% of the total project cost, or two similar projects, each amounting to at least 50% of the total project cost, or one similar project amounting to no less than 80% of the estimated project cost, for any government organization or public sector undertaking within the past seven years. For MSMEs, the bidder must have completed a similar project valued at no less than 10% of the estimated cost within the past seven years. Furthermore, the bidder's average annual financial turnover over the past three years should be at least 30% of the estimated cost of the bid quantity.

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?