+
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.

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.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code