Punjab seeks bids for 12 MW solar projects
POWER & RENEWABLE ENERGY

Punjab seeks bids for 12 MW solar projects

Punjab Genco, a subsidiary of the Punjab Energy Development Agency (PEDA), has initiated a tender process for establishing and commissioning 12 MW (3 x 4 MW) solar power projects in the Bathinda district of Punjab, India. The selected bidder will also oversee project operation and maintenance for five years.

Three locations have been designated for these projects: Bhagi Bandar and Shergarh villages in Talwandi Sabo and Kothe Malluana village in Rampura Phul. The bid submission deadline is September 27, 2023, with bid opening on the following day.

Interested bidders must provide a Rs 4 million earnest money deposit for each 4 MW solar project and a performance bank guarantee equal to 5 per cent of the contract price within 15 days of receiving the work order. The projects are expected to be completed within ten months from the issuance of the work order.

Eligible bidders should be manufacturers, system integrators, or solar power generators with a track record of projects with a capacity of 2 MW or more in India. Bidders must also have experience operating and maintaining solar projects totaling at least 2 MW capacity for a minimum of one year within the last five years.

Bidders are required to hold a valid licence issued by the chief electrical inspector to work on systems with voltages of 11 kV or higher. For a single 4 MW project, bidders must demonstrate an average annual turnover of at least Rs 300 million during any three of the last four financial years, with positive net worth in the last financial year.

Punjab Genco mandates the use of solar modules from the approved list of models and manufacturers issued by the Ministry of New and Renewable Energy. Delays in project milestones will result in penalties, amounting to 1 per cent of the contract value for each week of delay, up to a maximum of 5 per cent of the contract value.

This initiative by Punjab Genco underscores the state's commitment to expanding its renewable energy capacity and promoting sustainability through solar power projects.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Punjab Genco, a subsidiary of the Punjab Energy Development Agency (PEDA), has initiated a tender process for establishing and commissioning 12 MW (3 x 4 MW) solar power projects in the Bathinda district of Punjab, India. The selected bidder will also oversee project operation and maintenance for five years.Three locations have been designated for these projects: Bhagi Bandar and Shergarh villages in Talwandi Sabo and Kothe Malluana village in Rampura Phul. The bid submission deadline is September 27, 2023, with bid opening on the following day.Interested bidders must provide a Rs 4 million earnest money deposit for each 4 MW solar project and a performance bank guarantee equal to 5 per cent of the contract price within 15 days of receiving the work order. The projects are expected to be completed within ten months from the issuance of the work order.Eligible bidders should be manufacturers, system integrators, or solar power generators with a track record of projects with a capacity of 2 MW or more in India. Bidders must also have experience operating and maintaining solar projects totaling at least 2 MW capacity for a minimum of one year within the last five years.Bidders are required to hold a valid licence issued by the chief electrical inspector to work on systems with voltages of 11 kV or higher. For a single 4 MW project, bidders must demonstrate an average annual turnover of at least Rs 300 million during any three of the last four financial years, with positive net worth in the last financial year.Punjab Genco mandates the use of solar modules from the approved list of models and manufacturers issued by the Ministry of New and Renewable Energy. Delays in project milestones will result in penalties, amounting to 1 per cent of the contract value for each week of delay, up to a maximum of 5 per cent of the contract value.This initiative by Punjab Genco underscores the state's commitment to expanding its renewable energy capacity and promoting sustainability through solar power projects.

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement