SECI invites bids for 30 MW floating solar project on DVC reservoirs

Solar Energy Corporation of India (SECI) has floated tenders to install a 30 MW grid-connected floating solar power project on reservoirs of Damodar Valley Corporation's (DVC) thermal power plant at Koderma of 6 MW, Mejia of 14 MW and Raghunathpur of 10 MW.

The successful bidder will be responsible for the operation and maintenance (O&M) of the project for ten years.

The deadline to submit the bids is 1 August 2022 and will be opened on the same day.

The bidders will have to deposit an equivalent amount of Rs 40.2 million as an earnest money deposit.

The solar project must be commissioned 12 months from the date of awarding the project.

As per the tender document, the solar modules and cells should be supplied from Class I local suppliers. The solar cells and modules should be sourced from the manufacturers under the List-I of the Approved List of Modules and Manufacturers (ALMM) under the Ministry of New and Renewable Energy (MNRE).

The bidders should have experience in engineering, procurement and construction (EPC) activities on a turnkey basis of not less than 15 MW in the last seven financial years. The projects must be in operation for six months before the last date of the bids.

The bidders should have executed ground-mounted solar projects of not less than 15 MW or at least two grid-connected solar projects of 3 MW each in the last seven financial years.

The annual turnover of the bidder should be at least Rs 804.3 million in the last three financial years, with a positive net worth in the last financial year.

The minimum working capital of the bidder should be Rs 502.7 million. They should confirm the availability line of credit of Rs 502.7 million to meet the working capital required for the project.

In February, SECI floated an EPC tender for a 100 MW floating solar project at Getalsud Dam in Jharkhand.

Image Source

---

Also read: DVC inks JV agreement with NTPC for renewable energy projects