Energy Efficiency Services (EESL) has issued tenders inviting bids for an annual contract to supply 2,000 MW of single-phase solar inverters across India. The last date for bid submission is August 5, 2024.
Bidders must submit a Rs 25,000 fee for the bidding document and provide an earnest money deposit as follows: - Package I: Rs 71 million - Package II: Rs 73.6 million - Package III: Rs 47.3 million - Package IV: Rs 63.1 million - Package V: Rs 42 million
The successful bidder must furnish 10% of the contract price as a performance bank guarantee. Only single entities can bid; joint ventures or consortiums are not allowed. Participation is limited to Class-I local suppliers with at least 50% local content.
Eligibility criteria:
- Manufacturing experience: Bidders must have produced and supplied the following quantities of solar inverters (1 kW and above) in the last three years: - Package I (North Region): 27,390 units - Package II (West Region): 28,531 units - Package III (South Region): 18,260 units - Package IV (East Region): 23,966 units - Package V (North East Region): 15,978 units
If bidding for multiple packages, the experience requirement is the cumulative sum of the units for each quoted package. For example, bidding for Packages I and II would require a total of 55,921 units (27,390 + 28,531).
- Financial requirements: Bidders must have an average annual turnover over the last three financial years of at least: - Package I (North Region): Rs 532.8 million - Package II (West Region): Rs 552 million - Package III (South Region): Rs 354.5 million - Package IV (East Region): Rs 473 million - Package V (North East Region): Rs 315.3 million
If participating in multiple packages, the turnover requirement is the cumulative sum for all quoted packages.
- Liquid assets or credit facilities: Bidders must have liquid assets or access to credit facilities of at least: - Package I (North Region): Rs 444 million - Package II (West Region): Rs 460 million - Package III (South Region): Rs 295.4 million - Package IV (East Region): Rs 394.1 million - Package V (North East Region): Rs 262.8 million
The liquid asset requirement for multiple packages is the cumulative sum for all quoted packages.
- Net worth: The bidders? net worth in the immediate last financial year must be at least 100% of their paid-up share capital or capital.
Previously, EESL invited bids for supplying 28.72 MW of polycrystalline solar modules (330 Wp and above) for solar power projects in Maharashtra and, in September 2022, issued a tender for contractors to supply 24 MW of solar polycrystalline modules for its decentralized grid-connected solar project in Maharashtra. (Source:Mercom India)
