OIL invites bids for 1 MW Green Hydrogen Project in Himachal Pradesh
POWER & RENEWABLE ENERGY

OIL invites bids for 1 MW Green Hydrogen Project in Himachal Pradesh

Oil India (OIL) is seeking proposals for the establishment of a 1 MW green hydrogen project in Himachal Pradesh, featuring a 17 Kg/hr generation capacity. The project is expected to be operational within 18 months from the issuance of the award letter.

The deadline for bid submissions is January 15, 2024, with bids set to be opened on the same day. Interested parties are required to provide an earnest money deposit of Rs 13.5 million (~$162,369) and successful bidders must furnish 10% of the contract value as performance security.

The hydrogen unit is mandated to operate for a minimum of 8,000 hours annually at full capacity. Eligible bidders must either be manufacturers or channel partners of manufacturers specialising in water electrolyser technologies, such as anion exchange membrane, proton exchange membrane, alkaline membrane solid electrolyser, or solid oxide electrolyser.

Bidders are also eligible if they have supplied at least one unit of electrolyser based on water electrolysis technology in India within the last ten years, having operated for a minimum of three months prior to the bid closing date.

Additionally, bidders are required to have a joint undertaking deed with an Indian or foreign manufacturer or channel partner meeting the specified technical criteria for electrolyser supply. This deed must remain valid for a minimum of five years from the original bid closing date.

To qualify, bidders must be incorporated in India and ensure a local content of equal to or greater than 20% for the services offered. They should also demonstrate an annual turnover of Rs 83 million (~$998,274) in any of the last three financial years, along with a positive net worth for the preceding financial year.

The Central Electricity Authority is currently in the planning stages for the installation of transmission infrastructure to meet the power requirements of upcoming green hydrogen and green ammonia plants in seven coastal and three inland states, in collaboration with the Central Transmission Utility.

Earlier this year, the government approved the National Green Hydrogen Mission, allocating Rs 197.44 billion (~$2.3 billion) to facilitate the creation, production, utilisation, and export of green hydrogen.

Oil India (OIL) is seeking proposals for the establishment of a 1 MW green hydrogen project in Himachal Pradesh, featuring a 17 Kg/hr generation capacity. The project is expected to be operational within 18 months from the issuance of the award letter. The deadline for bid submissions is January 15, 2024, with bids set to be opened on the same day. Interested parties are required to provide an earnest money deposit of Rs 13.5 million (~$162,369) and successful bidders must furnish 10% of the contract value as performance security. The hydrogen unit is mandated to operate for a minimum of 8,000 hours annually at full capacity. Eligible bidders must either be manufacturers or channel partners of manufacturers specialising in water electrolyser technologies, such as anion exchange membrane, proton exchange membrane, alkaline membrane solid electrolyser, or solid oxide electrolyser. Bidders are also eligible if they have supplied at least one unit of electrolyser based on water electrolysis technology in India within the last ten years, having operated for a minimum of three months prior to the bid closing date. Additionally, bidders are required to have a joint undertaking deed with an Indian or foreign manufacturer or channel partner meeting the specified technical criteria for electrolyser supply. This deed must remain valid for a minimum of five years from the original bid closing date. To qualify, bidders must be incorporated in India and ensure a local content of equal to or greater than 20% for the services offered. They should also demonstrate an annual turnover of Rs 83 million (~$998,274) in any of the last three financial years, along with a positive net worth for the preceding financial year. The Central Electricity Authority is currently in the planning stages for the installation of transmission infrastructure to meet the power requirements of upcoming green hydrogen and green ammonia plants in seven coastal and three inland states, in collaboration with the Central Transmission Utility. Earlier this year, the government approved the National Green Hydrogen Mission, allocating Rs 197.44 billion (~$2.3 billion) to facilitate the creation, production, utilisation, and export of green hydrogen.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram