NTPC floats tender for BoS package, land for 1 GW solar projects

National Thermal Power Corporation Renewable Energy Limited (NTPC REL) floated a tender for the Balance of System (BoS) package with land for 1,000 MW interstate transmission system (ISTS) connected solar power projects to be installed across India.

The deadline to submit the bids is 3 February, and the bids will be opened on 4 February 2022, while the pre-bid meeting will take place on 24 January.

The quoted capacity should be between 50-110 MW. The bidders must deposit Rs 20 million as the bid security deposit. For capacity between 110-220 MW, the bidders will have to deposit Rs 5 million, Rs 100 million for capacity between 220-440 MW and Rs 200 million for capacity between 440-600 MW.

The solar power project work includes identification, acquisition and transfer of ownership in favour of NTPC REL. It also includes designing, supplying, engineering, manufacturing, packing, forwarding, transporting, unloading, installing, storage, testing and commissioning the solar power projects.

The bidders should also provide operation and maintenance (O&M) for three years, including switchyard and power evacuation systems until the interconnecting grid substations.

For participating in the bidding, the bidder must have designed and commissioned a minimum of 40 MW grid-connected solar power projects. One project should be 10 MW or more and have been in operation for six months before the bid opening date.

The bidders should be engineering, procurement and construction (EPC) contractors in the power, steel, oil, gas, petrochemical, fertilizer, cement, or coal mining industry in the last decade.

The eligible bidders must have completed a minimum of one electrical substation of 33 kV or more, including equipment like power transformer and circuit breaker.

The annual turnover of the bidder should be at least Rs 1,1 billion for capacity between 50-300 MW in the last three financial years and at least Rs 2.2 billion for capacity between 300-600 MW. The net worth of the bidders should be equal to or more than their paid-up share capital in the previous financial year.

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