Solar Tender For 60 MW Rooftop Projects Issued by REMCL

The last date of bid submission is April 30, 2019.

The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has invited bids to set up total capacity of 60.17 MW of rooftop solar PV power projects on the rooftops of offices, buildings, and railway establishments across the zonal railways in India.

The rooftop solar PV projects are to be developed on ‘Design, Build, Finance, Operate and Transfer (DBFOT) basis. A single bidder can bid for one or multiple zones, but they must bid for the entire capacity offered for a particular zone.

This project aims to generate and supply power from rooftop solar PV systems under (Public Private Partnership) PPP Model. The Solar Power Developers (SPD) will be responsible for Design, Engineering, Procurement, Erection (including civil and structural works), Installation, Testing and Commissioning of the solar PV system(s) including Operation and Maintenance (O&M) of the system(s) for a period of 25 years after commissioning of project(s). The SPD will also supply power to Zonal Railways based on a 25-year Power Purchase Agreement (PPA).

The last date of bid submission is April 30, 2019. The bids will be opened on the same date. All bidders must submit an Earnest Money Deposit of Rs 12 lakhs per MW along with their bids.

To be eligible, the bidder shall, over the past 3 financial years preceding the bid due date, have paid for, or received payments for successful commissioning of at least 100 kWp at a single location for a minimum value of 35% of the offered capacity.

And, the total contract amount received or paid at the same time as per duly certified audited annual financial statements should be a minimum of 150% of the estimated project cost.

For more information click here. 

In January, in a bid to become a net-green transporter, the Indian Railways announced that it is planning to replace 4,000 MW of coal-fired electricity to run its trains with solar energy from modules deployed on both sides of select electrified tracks in 10 states.