HPPCL Seeks Bids for 8 MW Solar Project
POWER & RENEWABLE ENERGY

HPPCL Seeks Bids for 8 MW Solar Project

Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids to commission an 8 MW solar power project at Bada Basot in Solan, Himachal Pradesh. The scope of work includes comprehensive operation and maintenance (O&M) services for a period of eight years.

The last date for submitting bids is August 14, 2024, and the bids will be opened on the same day. Bidders are required to furnish an earnest money deposit of ?10 million (~$119,679) to participate in the tender.

The successful bidder will be responsible for the entire process, from inception to the completion of the commissioned project for HPPCL. This includes providing all necessary equipment, materials, and services for the satisfactory operation of the solar system and its integration with the evacuation system provided by the state electricity authority.

To be eligible, bidders must have participated as contractors, joint venture partners, or subcontractors in at least one completed contract within the last ten years, with a value exceeding ?140 million ($1.67 million) and a minimum capacity of 2.4 MW. Alternatively, they can qualify by having completed two contracts, each with a value exceeding ?94 million ($1.12 million) and a minimum capacity of 1.6 MW each, or three contracts, each with a value exceeding ?47 million (~$562,491) and a minimum capacity of 800 kW each.

Additionally, bidders must have completed an operational and maintenance contract of at least one year in one solar project with a minimum capacity of 2 MW within the last ten years. They must also have a minimum average annual turnover of ?235 million ($2.81 million) from operations, excluding other income, for the last three financial years, and access to financial resources of at least ?117.5 million ($1.4 million) to meet the cash-flow requirement.

This latest tender from HPPCL comes after the corporation invited bids in March 2023 to commission solar power projects with a cumulative capacity of 13 MW at Maira and Dabhota II in Solan, Himachal Pradesh.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids to commission an 8 MW solar power project at Bada Basot in Solan, Himachal Pradesh. The scope of work includes comprehensive operation and maintenance (O&M) services for a period of eight years. The last date for submitting bids is August 14, 2024, and the bids will be opened on the same day. Bidders are required to furnish an earnest money deposit of ?10 million (~$119,679) to participate in the tender. The successful bidder will be responsible for the entire process, from inception to the completion of the commissioned project for HPPCL. This includes providing all necessary equipment, materials, and services for the satisfactory operation of the solar system and its integration with the evacuation system provided by the state electricity authority. To be eligible, bidders must have participated as contractors, joint venture partners, or subcontractors in at least one completed contract within the last ten years, with a value exceeding ?140 million ($1.67 million) and a minimum capacity of 2.4 MW. Alternatively, they can qualify by having completed two contracts, each with a value exceeding ?94 million ($1.12 million) and a minimum capacity of 1.6 MW each, or three contracts, each with a value exceeding ?47 million (~$562,491) and a minimum capacity of 800 kW each. Additionally, bidders must have completed an operational and maintenance contract of at least one year in one solar project with a minimum capacity of 2 MW within the last ten years. They must also have a minimum average annual turnover of ?235 million ($2.81 million) from operations, excluding other income, for the last three financial years, and access to financial resources of at least ?117.5 million ($1.4 million) to meet the cash-flow requirement. This latest tender from HPPCL comes after the corporation invited bids in March 2023 to commission solar power projects with a cumulative capacity of 13 MW at Maira and Dabhota II in Solan, Himachal Pradesh.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000