NHPC Tenders for 100 MW Floating Solar Project in Odisha

India’s National Hydroelectric Power Corporation (NHPC) Ltd. Has floated a tender for an EPC contract for the development of a 100 MW Floating Solar Project in Odisha.

NHPC Ltd. Tender for an EPC contract to develop a 100 MW floating solar project in Odisha.

The tender has been issued on the behalf of a joint venture (to be formed between NHPC Ltd. & GEDCOL). And the scope of work includes Engineering, Procurement, Construction (EPC) Contract for development of the project and associated 220 KV transmission line for connectivity at 400 KV Grid substation along with Comprehensive Operation and Maintenance for 10 years at Rengali Reservoir at Angul district in the state of Odisha. The project forms part of NHPC’s commitment to the state of Odisha, among others.

The last date to submit the online bids is October 7, 2021, while a pre-bid meeting has been scheduled for September 2, 2021. October 14 is the last date to submit offline bids.

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Interested bidders are expected to pay a tender document fee of Rs. 20,000. Also, the bid is valid for the next 120 days from the last bid submission date.

A 12 month period has been given for completion of the project from the date of issuance of Notification of Award including the commissioning period.

To find themselves eligible to bid, the bidder must have designed, supplied, erected/ supervised erection, and commissioned/ supervised commissioning of Solar Photo Voltaic (SPV) based grid-connected power plant(s) of cumulative installed capacity of 40 MW or higher, out of which at least one plant should have been of 10 MW. Or, the bidders must have developed a Solar Photo Voltaic (SPV) based grid-connected power plant(s) of the same capacity as mentioned above.

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If the bidder is a holding company or joint venture, it shall furnish an Undertaking jointly executed by the firm and the Bidder along with its bid document for the complete performance of the contract (in case of award) jointly or severally, failing which the bid document is liable to be rejected.

The bidder must have a minimum average annual turnover in the preceding three financial years shall be Rs. 800 crores. Bidder’s Net Worth should be positive in 3 out of the preceding 5 financial years. While the working capital (current assets minus current liabilities) should be at least Rs. 90 crores.

Recently last month, NHPC had invited bids for a 600 MW ISTS (Inter-State Transmission System) connected solar project. The tender, which covers engineering, procurement, and construction (EPC) for the project/s, is planned for Deora village of the Jaisalmer district in Rajasthan.