Military Engineer Services seeks bids for 1 MW solar project
POWER & RENEWABLE ENERGY

Military Engineer Services seeks bids for 1 MW solar project

The Military Engineer Services (MES) has announced the issuance of a tender for the installation of a 1 MW rooftop solar power project at the Air Force Station, GE (AF) Sulur, Tamil Nadu. It was stated that the last date for the submission of bids is November 11, 2023, and the bids will be opened on November 13.

It was further explained that contractors who had not previously furnished a standing security bond or deposit in any MES formation were required to submit an individual security deposit once their tender was accepted. The amount of this deposit would be determined based on the tendered cost, in accordance with MES?s guidelines for calculating Earnest Money Deposit. This deposit would have a 25% increase, capped at a maximum of Rs 1.8 million.

The successful bidder, upon acceptance of their tender, was obligated to provide a performance bank guarantee within 28 days of receiving the Letter of Acceptance. This guarantee was expected to be worth 5% of the contract sum.

Regarding the qualifications for participating in the tender, it was stated that bidders must fulfill certain criteria for works carried out in MES, other central/state government, or PSU projects. These criteria included completing three works with a cost of not less than 40% of the estimated cost, or two works with a cost of not less than 50% of the estimated cost, or one work with a cost of not less than 80% of the estimated cost.

Additionally, bidders were required to demonstrate an average annual turnover for the last two consecutive financial years of at least Rs 60 million. They also needed to possess a solvency of up to Rs 20 million or financial engagement capacity of up to Rs 75 million obtained from a nationalised bank.

The Military Engineer Services (MES) has announced the issuance of a tender for the installation of a 1 MW rooftop solar power project at the Air Force Station, GE (AF) Sulur, Tamil Nadu. It was stated that the last date for the submission of bids is November 11, 2023, and the bids will be opened on November 13. It was further explained that contractors who had not previously furnished a standing security bond or deposit in any MES formation were required to submit an individual security deposit once their tender was accepted. The amount of this deposit would be determined based on the tendered cost, in accordance with MES?s guidelines for calculating Earnest Money Deposit. This deposit would have a 25% increase, capped at a maximum of Rs 1.8 million. The successful bidder, upon acceptance of their tender, was obligated to provide a performance bank guarantee within 28 days of receiving the Letter of Acceptance. This guarantee was expected to be worth 5% of the contract sum. Regarding the qualifications for participating in the tender, it was stated that bidders must fulfill certain criteria for works carried out in MES, other central/state government, or PSU projects. These criteria included completing three works with a cost of not less than 40% of the estimated cost, or two works with a cost of not less than 50% of the estimated cost, or one work with a cost of not less than 80% of the estimated cost. Additionally, bidders were required to demonstrate an average annual turnover for the last two consecutive financial years of at least Rs 60 million. They also needed to possess a solvency of up to Rs 20 million or financial engagement capacity of up to Rs 75 million obtained from a nationalised bank.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->