NTPC invites bids for 260 MW solar plant in Bhadla Solar Park
POWER & RENEWABLE ENERGY

NTPC invites bids for 260 MW solar plant in Bhadla Solar Park

NTPC Limited has floated tenders for the extensive operations and maintenance (O&M) of its 260 MW solar plant at the Bhadla Solar Park in Rajasthan for three years.

The deadline to present the proposals is January 19, 2022. On January 21, the proposals will be opened.

The bidder should have implemented a deal to set up and launch at least one grid-connected solar plant of 150 MW or above capacity during the past seven years as on the proposal opening date.

Alternatively, the bidder should have implemented a deal for O&M of at least one grid-connected solar power plant of 150 MW or above capacity for at least one year during the past seven years as on the proposal opening date.

The bidder’s average yearly turnover must not be less than Rs 93 million during the past three financial years. The net worth of the bidder as on the last day of the previous financial year must not be lower than 100% of the bidder’s paid-up share capital.

In case the bidder fulfills the condition of net worth based on the strength of its subsidiaries or the holding firm, the net worth of the bidder and its subsidiaries or the holding firm, in a combined manner, must not be less than 100% of the total paid-up share capital. Their net worth must not be lower than 75% of their paid-up share capital, individually.

Only Class-I local suppliers can take part in the bidding process. The local content condition to classify a bidder as a ‘Class-I local supplier’ is a minimum of 50%.

Any bidder from a nation that shares a land border with India can take part in the bid only if the bidder is listed with the competent authority.

In September 2021, NTPC floated tenders for the O&M of a 15 MW solar power plant at Jayant, Singrauli in Madhya Pradesh.

Image Source

NTPC Limited has floated tenders for the extensive operations and maintenance (O&M) of its 260 MW solar plant at the Bhadla Solar Park in Rajasthan for three years. The deadline to present the proposals is January 19, 2022. On January 21, the proposals will be opened. The bidder should have implemented a deal to set up and launch at least one grid-connected solar plant of 150 MW or above capacity during the past seven years as on the proposal opening date. Alternatively, the bidder should have implemented a deal for O&M of at least one grid-connected solar power plant of 150 MW or above capacity for at least one year during the past seven years as on the proposal opening date. The bidder’s average yearly turnover must not be less than Rs 93 million during the past three financial years. The net worth of the bidder as on the last day of the previous financial year must not be lower than 100% of the bidder’s paid-up share capital. In case the bidder fulfills the condition of net worth based on the strength of its subsidiaries or the holding firm, the net worth of the bidder and its subsidiaries or the holding firm, in a combined manner, must not be less than 100% of the total paid-up share capital. Their net worth must not be lower than 75% of their paid-up share capital, individually. Only Class-I local suppliers can take part in the bidding process. The local content condition to classify a bidder as a ‘Class-I local supplier’ is a minimum of 50%. Any bidder from a nation that shares a land border with India can take part in the bid only if the bidder is listed with the competent authority. In September 2021, NTPC floated tenders for the O&M of a 15 MW solar power plant at Jayant, Singrauli in Madhya Pradesh. Image Source

Next Story
Products

Noise Blocker

M.A.D is a flexible, lead-free, high-density acoustic barrier that blocks low-frequency vibrations and noise, ideal for walls, ceilings, and floors in offices, hotels, gyms, studios, and industrial spaces. Available in 2mm–6mm variants.Contact: TIKIDANWebsite: https://tikidan.in/ ..

Next Story
Infrastructure Urban

India’s Rs 370 Bn Petrochemical Expansion to Shift Asian Supply

India’s planned investments worth over USD 37 billion (around Rs 3 lakh crore) in the petrochemical sector are poised to reshape Asia’s supply landscape, according to a new report by S&P Global Ratings.The report noted that India’s drive toward petrochemical self-sufficiency mirrors China’s earlier expansion and could intensify competition in the region. “India’s capacity additions will significantly alter trade flows and increase competition among Asian producers,” said Ker Liang Chan, credit analyst at S&P Global Ratings.S&P estimated that public sector enterprises ..

Next Story
Real Estate

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?