IOCL Invites Bids For One MW Solar Plant At Delhi LPG Bottling Site
ECONOMY & POLICY

IOCL Invites Bids For One MW Solar Plant At Delhi LPG Bottling Site

Indian Oil Corporation (IOCL) has invited bids for the development of a one Megawatt (MW) alternating current grid-connected solar power project at its Liquefied Petroleum Gas (LPG) Bottling Plant in Tikri Kalan, Delhi. The tender covers engineering, procurement and construction (EPC) along with long-term operation and maintenance (O&M) services and will be awarded through an electronic two-bid process. The total estimated project cost is Rs. 56.7 mn, inclusive of goods and services tax.

The facility will be connected through a group metering arrangement with the Indian Oil Bhawan Northern Region Office in New Delhi. Work has been divided into two parts, with Part I comprising EPC activities and one year of comprehensive O&M after commissioning to be completed within 18 months of issuance of the Letter of Award (LOA). Part-II comprises an additional four years of O&M covering the solar plant and associated power evacuation infrastructure.

Interested bidders are required to submit an Earnest Money Deposit (EMD) of Rs. zero point one four two million, while government organisations, public sector undertakings, IOCL subsidiaries, joint ventures and recognised startups are exempted from the EMD requirement. The exemption does not extend to Micro and Small Enterprises since the tender is categorised as a works contract. For payments above Rs. zero point one mn bidders may submit the EMD through the online e-tender portal or provide a Bank Guarantee (BG) or Insurance Surety Bond (ISB).

The successful bidder will be required to furnish a Performance Bank Guarantee or security deposit equal to 10 per cent of the contract value excluding GST, which will be retained until completion of the 12-month defect liability period after Part-I. A separate security deposit equal to 10 per cent of the Part-II contract value must be furnished before commencement of the four-year O&M period. The tender will remain valid for 180 days from the date of technical bid opening and all submissions, updates and clarifications will be managed through the IOCL e-tender portal.

Indian Oil Corporation (IOCL) has invited bids for the development of a one Megawatt (MW) alternating current grid-connected solar power project at its Liquefied Petroleum Gas (LPG) Bottling Plant in Tikri Kalan, Delhi. The tender covers engineering, procurement and construction (EPC) along with long-term operation and maintenance (O&M) services and will be awarded through an electronic two-bid process. The total estimated project cost is Rs. 56.7 mn, inclusive of goods and services tax. The facility will be connected through a group metering arrangement with the Indian Oil Bhawan Northern Region Office in New Delhi. Work has been divided into two parts, with Part I comprising EPC activities and one year of comprehensive O&M after commissioning to be completed within 18 months of issuance of the Letter of Award (LOA). Part-II comprises an additional four years of O&M covering the solar plant and associated power evacuation infrastructure. Interested bidders are required to submit an Earnest Money Deposit (EMD) of Rs. zero point one four two million, while government organisations, public sector undertakings, IOCL subsidiaries, joint ventures and recognised startups are exempted from the EMD requirement. The exemption does not extend to Micro and Small Enterprises since the tender is categorised as a works contract. For payments above Rs. zero point one mn bidders may submit the EMD through the online e-tender portal or provide a Bank Guarantee (BG) or Insurance Surety Bond (ISB). The successful bidder will be required to furnish a Performance Bank Guarantee or security deposit equal to 10 per cent of the contract value excluding GST, which will be retained until completion of the 12-month defect liability period after Part-I. A separate security deposit equal to 10 per cent of the Part-II contract value must be furnished before commencement of the four-year O&M period. The tender will remain valid for 180 days from the date of technical bid opening and all submissions, updates and clarifications will be managed through the IOCL e-tender portal.

Next Story
Resources

K2 Infragen appoints D K Raju to lead HAM projects

K2 Infragen has appointed D K Raju as Senior Vice President to lead its Hybrid Annuity Model (HAM) project portfolio, strengthening the company's execution capabilities as it expands its infrastructure business.Raju brings more than 27 years of experience in infrastructure project execution, planning, quantity surveying, tendering and technical operations. He has previously held senior positions at HG Infra Engineering, Allone Infra and Techno Unique Infratech.In his new role, Raju will oversee execution of K2 Infragen's Rs 3.91 billion Telangana road project under the Hybrid Annuity Model, in..

Next Story
Infrastructure Urban

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

Next Story
Real Estate

SPML Infra raises over Rs 1.9 billion through preferential issue

SPML Infra has raised more than Rs 1.9 billion through a preferential issue of equity shares and convertible warrants, aimed at strengthening its balance sheet, funding growth and converting debt into equity.The company's board approved the allotment of 693,999 equity shares and 9.54 million convertible warrants at Rs 186 per security. The warrants are convertible into equity shares within 18 months in accordance with SEBI regulations.As part of the transaction, National Asset Reconstruction Company (NARCL) converted an existing loan of Rs 71.6 million into 384,858 equity shares. SPML said the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement