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

03 Jan 2022 CW Team

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.

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