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 Transport

PM unveils first 9000 HP electric freight locomotive in Gujarat

Prime Minister Narendra Modi has flagged off India’s first 9,000-horsepower electric freight locomotive at Dahod, Gujarat, marking a major leap in the country’s rail freight capabilities. This high-capacity engine is part of Indian Railways’ broader push to increase its freight share from 27 per cent to 45 per cent.The locomotive is the first of 1,200 units to be delivered by Siemens under a Rs 214.05 billion contract awarded by the Indian Railways. The project involves the design, engineering, manufacturing and maintenance of these heavy-haul electric locomotives.While Siemens’ plants..

Next Story
Real Estate

Sea Breeze launches La Wisteria in Siolim, Goa

Sea Breeze Group has announced the launch of La Wisteria, a RERA-approved luxury residential project in Siolim, North Goa, offering 80 boutique 1BHK and 2BHK apartments with private pools and lush paddy field views. Targeted for completion by December 2027, the development is designed to offer a high-end lifestyle and attractive rental returns.Each unit comes with a private pool and is surrounded by scenic vistas, ensuring exclusivity and long-term value. Positioned on a 3,545 sq m corner plot, the property is open on all four sides and bordered by greenery on two, enhancing privacy and openne..

Next Story
Real Estate

Ashiana Housing launches premium boutique project in Jaipur

Ashiana Housing, a listed real estate developer on NSE and BSE, has announced the launch of Ashiana Aravali, a low-density, premium residential project in Jagatpura, Jaipur. Designed for upper-mid and premium homebuyers, the development offers a rare combination of exclusivity, greenery, and urban connectivity in one of the city’s fastest-growing corridors.The boutique project comprises 50 residences, with 25 each of 4 BHK and 3 BHK units. The 4 BHK homes are offered in two configurations—2641 sq. ft. and 2630 sq. ft., while the 3 BHK homes are sized at 2312 sq. ft. Each apartment includes..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?