+
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.

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.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code