+
Southern Railway is seeking bids in Chennai for rooftop solar projects
RAILWAYS & METRO RAIL

Southern Railway is seeking bids in Chennai for rooftop solar projects

In order to install grid-connected rooftop solar power projects with a combined capacity of 1.55 MW at various service buildings and railway colonies in the Chennai division, the Southern Railway has requested bids.

The winning bidder will supervise the project's design, procurement, construction, testing, and commissioning.

The project is worth $1.19 million, or Rs 99.6 million. A Rs 648,000 earnest money deposit is required of bidders. Bids must be submitted by June 14, 2024.

The bidders were required to have finished either three comparable projects, each costing at least 30% of the tender's announced value, two comparable projects totalling 40% of the advertised value, or one comparable project spending 60% of the tender's advertised value in the last seven years.

The completion of work related to the supply, installation, testing, and commissioning of solar PV power generating systems that account for at least 20% of the solar plant's tendered capacity to the federal government, state governments, public sector undertakings, or publicly traded companies with an average annual turnover of at least Rs 5 billion over the previous three fiscal years is referred to as "similar nature of work" in this context.

In addition, bidders need to demonstrate a minimum average contractual turnover of the tender's advertised value and the number of years required to complete the job for which bids are being solicited.

The winning bidder has 180 days from the contract's award date to finish the project. Entities or joint venture companies are eligible to bid.

In order to install grid-connected rooftop solar power projects with a combined capacity of 1.55 MW at various service buildings and railway colonies in the Chennai division, the Southern Railway has requested bids. The winning bidder will supervise the project's design, procurement, construction, testing, and commissioning. The project is worth $1.19 million, or Rs 99.6 million. A Rs 648,000 earnest money deposit is required of bidders. Bids must be submitted by June 14, 2024. The bidders were required to have finished either three comparable projects, each costing at least 30% of the tender's announced value, two comparable projects totalling 40% of the advertised value, or one comparable project spending 60% of the tender's advertised value in the last seven years. The completion of work related to the supply, installation, testing, and commissioning of solar PV power generating systems that account for at least 20% of the solar plant's tendered capacity to the federal government, state governments, public sector undertakings, or publicly traded companies with an average annual turnover of at least Rs 5 billion over the previous three fiscal years is referred to as similar nature of work in this context. In addition, bidders need to demonstrate a minimum average contractual turnover of the tender's advertised value and the number of years required to complete the job for which bids are being solicited. The winning bidder has 180 days from the contract's award date to finish the project. Entities or joint venture companies are eligible to bid.

Next Story
Infrastructure Energy

UERC Rejects Pleas Over Cancelled 200 MW Solar Awards

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected review petitions filed by 12 solar developers against the cancellation of Letters of Award (LoAs) issued under the state’s 200 MW Solar Programme.The scheme, launched by the Uttarakhand Renewable Energy Development Agency (UREDA) under the 2013 solar policy, aimed to help Uttarakhand Power Corporation Ltd (UPCL) meet its renewable purchase obligations through tariff-based competitive bidding.The projects—classified under the Type I category—had original commissioning deadlines in 2019–2020, later extended multiple ti..

Next Story
Infrastructure Energy

Solarium Wins Rs 266 Million Rooftop Solar Orders

Solarium Green Energy has secured two significant work orders valued at a combined Rs 266 million for rooftop solar projects across various locations in the Northeastern States, under the Ministry of Home Affairs.The first order, worth approximately Rs 129.8 million, was awarded by NTPC Vidyut Vyapar Nigam Limited (NVVN) for the development of a 3,319 kW rooftop solar photovoltaic (PV) project. This was tendered under the NVVN’s “Selection and Discovery of L1 Rates for Rate Contract for EPC of Grid Connected Rooftop Solar PV Projects (51–200 kW) across India”. The project is scheduled ..

Next Story
Real Estate

Omaxe Secures Rs 5 Billion From Oaktree For Expansion

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?