EESL welcomes tenders for 2 GW monocrystalline solar modules

21 Jun 2024 CW Team

Energy Efficiency Services (EESL) has issued a tender to procure 2 GW of monocrystalline modules compliant with domestic content requirements (DCR) for solar power projects nationwide in India. Bids must be submitted by August 9, 2024, and will be opened on the same day. The tender is segmented into five packages, each requiring a separate earnest money deposit (EMD). Successful bidders must complete their orders within one year from the issuance of the letter of award. Delivery timelines vary by region, with a maximum of ten days for the North, South, West, and East regions, and 15 days for the Northeast region. To qualify, bidders must be manufacturers of crystalline solar PV modules, having supplied specified capacities over the last three years for each package. Additionally, they must demonstrate a minimum average annual turnover and credit facility availability certified by a bank. Only Class-I local suppliers, meeting a 50% local content requirement, are eligible. Liquidated damages apply for delays in delivery, and modules must be warranted for performance over a 25-year period.(Source: Mercom)

Real Estate

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