NVVN welcomes bids for 1,562 kW Telangana rooftop solar projects
POWER & RENEWABLE ENERGY

NVVN welcomes bids for 1,562 kW Telangana rooftop solar projects

NTPC's subsidiary, NVVN, has issued a call for bids from pre-approved contractors to establish 1,562 kW of rooftop solar power systems connected to the grid in Telangana, intended for the Indian Council of Medical Research (ICMR).

The timeline requires the completion of the projects within three months of the issuance of the work order. Additionally, the selected contractor will be responsible for the operation and maintenance tasks for a period of ten years.

The deadline for bid submissions is June 27, 2024, with bid opening scheduled for the following day. Each bid must be accompanied by a bid security deposit of Rs 1 million.

Upon selection, the winning bidder must provide a performance bank guarantee equivalent to 10% of the contract value within twenty-eight days of notification.

Eligible bidders are required to demonstrate an average annual turnover of at least Rs 69.2 million over the past three fiscal years. Furthermore, their net worth as of the preceding financial year's conclusion must be no less than 100% of their paid-up share capital.

The designated modules for use are 540 WP modules listed in the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers, boasting 20% efficiency and backed by a five-year warranty. These modules must maintain a minimum output capacity of 90% after ten years and 80% after 25 years.

Previously, NVVN had issued bids for EPC vendors to establish rooftop and ground-mounted solar systems with a combined capacity of 20 MW. Additionally, bids were invited for the installation of 1.3 MW of rooftop solar systems across various locations, including Indian Institute of Management Lucknow and the National Institute of Defence Estates Management in Delhi. (Source: Mercom)

NTPC's subsidiary, NVVN, has issued a call for bids from pre-approved contractors to establish 1,562 kW of rooftop solar power systems connected to the grid in Telangana, intended for the Indian Council of Medical Research (ICMR). The timeline requires the completion of the projects within three months of the issuance of the work order. Additionally, the selected contractor will be responsible for the operation and maintenance tasks for a period of ten years. The deadline for bid submissions is June 27, 2024, with bid opening scheduled for the following day. Each bid must be accompanied by a bid security deposit of Rs 1 million. Upon selection, the winning bidder must provide a performance bank guarantee equivalent to 10% of the contract value within twenty-eight days of notification. Eligible bidders are required to demonstrate an average annual turnover of at least Rs 69.2 million over the past three fiscal years. Furthermore, their net worth as of the preceding financial year's conclusion must be no less than 100% of their paid-up share capital. The designated modules for use are 540 WP modules listed in the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers, boasting 20% efficiency and backed by a five-year warranty. These modules must maintain a minimum output capacity of 90% after ten years and 80% after 25 years. Previously, NVVN had issued bids for EPC vendors to establish rooftop and ground-mounted solar systems with a combined capacity of 20 MW. Additionally, bids were invited for the installation of 1.3 MW of rooftop solar systems across various locations, including Indian Institute of Management Lucknow and the National Institute of Defence Estates Management in Delhi. (Source: Mercom)

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?