Hindustan Petroleum Floats EPC Tender for 105 MW of Solar Projects
POWER & RENEWABLE ENERGY

Hindustan Petroleum Floats EPC Tender for 105 MW of Solar Projects

HPCL Renewable and Green Energy (HPRGEL), a subsidiary of Hindustan Petroleum Corporation, has invited bids for the engineering, procurement, and construction (EPC) package with land for 105 MW of state transmission utility-connected solar power projects in Maharashtra. The last day to submit the bids is November 27, 2024. Bids will be opened on the same day. The project must be completed within 11 months of issuing the award letter. Bidders must submit an earnest money deposit of Rs 1 million (~$11,847) per schedule. Selected bidders must submit 2% of the EPC contract value as performance security within 15 days from the bid acceptance. They must also submit 5% of the operation and maintenance (O&M) contract value as a bank guarantee. Bidders must identify and offer suitable land (minimum 3 acres/MW) for the project and its grid evacuation arrangement through direct lease or sub-lease to HPRGEL. Land leases will have a tenure of 27 years, with lease deed registration costs covered by HPRGEL. Payments for land leases will be governed by the lease agreement and not through separate purchase orders. Bidders must have commissioned at least 10 MW of solar projects in India in the last ten years to qualify for Schedules 1–4, while a minimum of 12.5 MW is required for Schedule 5. They must demonstrate an average annual turnover of Rs 133 million (~$1.57 million) for Schedules 1–4 and Rs 167 million (~$1.97 million) for Schedule 5. Bidders participating in multiple schedules should meet the cumulative sum of individual schedules. Only solar modules registered in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy must be used in the projects. In June, HPRGEL invited bids for land and EHV transmission system packages for 600 MW solar power projects in Gujarat, Maharashtra, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.

HPCL Renewable and Green Energy (HPRGEL), a subsidiary of Hindustan Petroleum Corporation, has invited bids for the engineering, procurement, and construction (EPC) package with land for 105 MW of state transmission utility-connected solar power projects in Maharashtra. The last day to submit the bids is November 27, 2024. Bids will be opened on the same day. The project must be completed within 11 months of issuing the award letter. Bidders must submit an earnest money deposit of Rs 1 million (~$11,847) per schedule. Selected bidders must submit 2% of the EPC contract value as performance security within 15 days from the bid acceptance. They must also submit 5% of the operation and maintenance (O&M) contract value as a bank guarantee. Bidders must identify and offer suitable land (minimum 3 acres/MW) for the project and its grid evacuation arrangement through direct lease or sub-lease to HPRGEL. Land leases will have a tenure of 27 years, with lease deed registration costs covered by HPRGEL. Payments for land leases will be governed by the lease agreement and not through separate purchase orders. Bidders must have commissioned at least 10 MW of solar projects in India in the last ten years to qualify for Schedules 1–4, while a minimum of 12.5 MW is required for Schedule 5. They must demonstrate an average annual turnover of Rs 133 million (~$1.57 million) for Schedules 1–4 and Rs 167 million (~$1.97 million) for Schedule 5. Bidders participating in multiple schedules should meet the cumulative sum of individual schedules. Only solar modules registered in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy must be used in the projects. In June, HPRGEL invited bids for land and EHV transmission system packages for 600 MW solar power projects in Gujarat, Maharashtra, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?