Karnataka seeks bids for floating solar project at Apannakere
POWER & RENEWABLE ENERGY

Karnataka seeks bids for floating solar project at Apannakere

Karnataka Renewable Energy Development Ltd (KREDL) has invited bids to install and commission a 1 MW floating solar power project with the associated transmission system at Apannakere Lake in the Kalaburgi district of Karnataka.

The successful bidder will also have to take care of the project’s operation and maintenance for 10 years.

The estimated cost of the project is Rs 76.68 million ($968,214). The last date to submit the bids is October 19, 2022. Bids will be opened on October 21.

Bidders must submit Rs 1.15 million ($14,415) as an earnest money deposit. The successful bidder must furnish an amount equivalent to 10% of 70% of the contract price as a performance bank guarantee within seven days of the issuance of the letter of award.

The successful bidder will also have to submit 10% of the 30% of the contract price as an O&M bank guarantee for ten years upon the completion and acceptance of the performance ratio test.

To be eligible, bidders should have designed, supplied, erected, and commissioned floating solar projects of a cumulative installed capacity of 1 MW, out of which at least one project must be of 800 kW or above higher capacity. The reference project must have been operating for at least 12 months before the bid submission date.

See also:
UPL and CleanMax to collaborate for energy plant in Gujarat
AP Chambers welcomes proposed energy sector reforms


Karnataka Renewable Energy Development Ltd (KREDL) has invited bids to install and commission a 1 MW floating solar power project with the associated transmission system at Apannakere Lake in the Kalaburgi district of Karnataka. The successful bidder will also have to take care of the project’s operation and maintenance for 10 years. The estimated cost of the project is Rs 76.68 million ($968,214). The last date to submit the bids is October 19, 2022. Bids will be opened on October 21. Bidders must submit Rs 1.15 million ($14,415) as an earnest money deposit. The successful bidder must furnish an amount equivalent to 10% of 70% of the contract price as a performance bank guarantee within seven days of the issuance of the letter of award. The successful bidder will also have to submit 10% of the 30% of the contract price as an O&M bank guarantee for ten years upon the completion and acceptance of the performance ratio test. To be eligible, bidders should have designed, supplied, erected, and commissioned floating solar projects of a cumulative installed capacity of 1 MW, out of which at least one project must be of 800 kW or above higher capacity. The reference project must have been operating for at least 12 months before the bid submission date. See also: UPL and CleanMax to collaborate for energy plant in GujaratAP Chambers welcomes proposed energy sector reforms

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. ..

Next Story
Resources

Bridgestone Expands Select Store Network in Nashik

Bridgestone India has expanded its Select Store network in Nashik with the addition of M/s Nashik Tyres and Services, taking the total number of Select outlets in the city to seven. The new store was inaugurated by Mr Rajarshi Moitra of Bridgestone India. Strategically located, the store features modern infrastructure and aims to serve as a one-stop solution for tyre and allied services. The expansion aligns with Bridgestone’s goal to offer a smarter, premium tyre retail format focused on safety, service, and customer experience. “At Bridgestone India, we are committed to redefin..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?