RECPDCL invites bids for solar project management consultancy in India

15 May 2023 CW Team

Bidders can choose to bid under Category A or Category B, each with different criteria. For Category A, the bidder must have completed a single work with a minimum capacity of 8 MW and at least one floating solar project of a minimum capacity of 1 MW in the last four years, or at least two minimum works of 5 MW each and at least one floating solar project of a minimum capacity of 1 MW in the last four years. For Category B, the bidder must have completed a single work with a minimum capacity of 40 MW and at least one floating solar project with a minimum capacity of 5 MW in the last four years, or at least two works of a minimum capacity of 25 MW each and at least one floating solar project of a minimum capacity of 5 MW in the last four years.

In addition to the above requirements, bidders for Category A must have an average annual turnover of Rs 10.5 million for the past four financial years, while bidders for Category B must have an average annual turnover of Rs 26.3 million for the past four years. The net worth of bidders for the past four years must also be positive.

If the consultancy services provided by the winning bidder are delayed beyond the stipulated time, liquidated damages will be applied at a rate of 0.5 per cent of the contract price for each week of delay, subject to a maximum of 10 per cent of the total contract price.

Previously, RECPDCL invited bids to set up 1,250 MW of ISTS-connected solar power projects (Tranche I) across India, and 500 MW of ISTS-connected solar power projects across the country.

Also Read
Rs 50 billion to be raised via bonds after NLC’s board approval
IIT Kanpur & Indian Army collaborate to pursue carbon neutrality

"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."

RECPDCL, which is a subsidiary of REC, is seeking bids from consultants to provide project management consultancy services for solar projects in India, including both floating solar and ground-mounted projects. The bidding process will be open for two years, with bids being accepted until May 23, 2023. Bidders are required to submit an earnest money deposit of Rs 250,000 for Category A and Rs 500,000 for Category B. Bidders can choose to bid under Category A or Category B, each with different criteria. For Category A, the bidder must have completed a single work with a minimum capacity of 8 MW and at least one floating solar project of a minimum capacity of 1 MW in the last four years, or at least two minimum works of 5 MW each and at least one floating solar project of a minimum capacity of 1 MW in the last four years. For Category B, the bidder must have completed a single work with a minimum capacity of 40 MW and at least one floating solar project with a minimum capacity of 5 MW in the last four years, or at least two works of a minimum capacity of 25 MW each and at least one floating solar project of a minimum capacity of 5 MW in the last four years. In addition to the above requirements, bidders for Category A must have an average annual turnover of Rs 10.5 million for the past four financial years, while bidders for Category B must have an average annual turnover of Rs 26.3 million for the past four years. The net worth of bidders for the past four years must also be positive. If the consultancy services provided by the winning bidder are delayed beyond the stipulated time, liquidated damages will be applied at a rate of 0.5 per cent of the contract price for each week of delay, subject to a maximum of 10 per cent of the total contract price. Previously, RECPDCL invited bids to set up 1,250 MW of ISTS-connected solar power projects (Tranche I) across India, and 500 MW of ISTS-connected solar power projects across the country. Also Read Rs 50 billion to be raised via bonds after NLC’s board approvalIIT Kanpur & Indian Army collaborate to pursue carbon neutrality

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..