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.

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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