Indian Oil calls for solar power project empanelment tender
POWER & RENEWABLE ENERGY

Indian Oil calls for solar power project empanelment tender

The Indian Oil Corporation (IOCL) has issued a call for expressions of interest to enlist vendors/contractors for solar power projects at its sites and retail outlets.

The deadline for the submission of applications is set for May 8, 2024.

The task involves the design, engineering, testing, supply, packing, and forwarding, transportation, unloading, storage, installation, and commissioning of a solar project/system in lump sum turnkey (LSTK) mode. This entails providing a complete solution for the solar project and comprehensive operation and maintenance (O&M) services.

The O&M of the project is planned for an initial two-year term, with the potential of extending it for an additional three years subject to satisfactory performance.

IOCL aims to utilise rooftops and available land across various locations in India to implement solar photovoltaic projects, maximizing the generation and utilisation of renewable energy.

The selection of vendors will be conducted in two categories: one covering both critical and non-critical jobs and the other exclusively for non-critical jobs.

Applicants are required to submit Rs 10,000 for Category I and Rs 20,000 for Category II as processing fee.

Vendors failing to meet the standard eligibility criteria for annual turnover and prior experience will be categorized under critical and non-critical jobs, further divided into two sub-categories: Category-I, organised by geographical regions (North/South/East/West), for capacities ranging from 1-50 kWp, and Category-II, covering capacities above 50-500 kWp nationwide.

The applicant should have installed and commissioned a specific cumulative capacity of solar projects in India over the past three years, ending on the last day of the month immediately preceding the month in which the bid submission deadline falls.

The minimum cumulative capacity requirements for the respective categories, Critical & Non-Critical Jobs Both I and II, are 150 kW and 1,500 kW, respectively.

Vendors and LSTK contractors enlisted under Category I will also have the opportunity to undertake the solarisation of retail outlets, including petrol pumps and Kisan Seva Kendras, within their respective regions.

Start-ups and micro and small enterprises benefiting from relaxation in annual turnover and prior experience criteria, provided they meet the stipulated quality and technical standards, will be empanelled solely under the non-critical jobs only category.

This category will also feature two sub-categories, corresponding to the capacity ranges and regional divisions mentioned earlier.

Various locations will then commence the bidding process, inviting participation from the empanelled vendors/LSTK contractors to install solar projects.

Vendors/LSTK contractors will be empanelled for 24 months from the empanelment date.

Existing empanelled parties who do not take part in the new empanelment process will retain their current validity until expiration, after which they will be excluded from the list of empanelled parties.

The Indian Oil Corporation (IOCL) has issued a call for expressions of interest to enlist vendors/contractors for solar power projects at its sites and retail outlets. The deadline for the submission of applications is set for May 8, 2024. The task involves the design, engineering, testing, supply, packing, and forwarding, transportation, unloading, storage, installation, and commissioning of a solar project/system in lump sum turnkey (LSTK) mode. This entails providing a complete solution for the solar project and comprehensive operation and maintenance (O&M) services. The O&M of the project is planned for an initial two-year term, with the potential of extending it for an additional three years subject to satisfactory performance. IOCL aims to utilise rooftops and available land across various locations in India to implement solar photovoltaic projects, maximizing the generation and utilisation of renewable energy. The selection of vendors will be conducted in two categories: one covering both critical and non-critical jobs and the other exclusively for non-critical jobs. Applicants are required to submit Rs 10,000 for Category I and Rs 20,000 for Category II as processing fee. Vendors failing to meet the standard eligibility criteria for annual turnover and prior experience will be categorized under critical and non-critical jobs, further divided into two sub-categories: Category-I, organised by geographical regions (North/South/East/West), for capacities ranging from 1-50 kWp, and Category-II, covering capacities above 50-500 kWp nationwide. The applicant should have installed and commissioned a specific cumulative capacity of solar projects in India over the past three years, ending on the last day of the month immediately preceding the month in which the bid submission deadline falls. The minimum cumulative capacity requirements for the respective categories, Critical & Non-Critical Jobs Both I and II, are 150 kW and 1,500 kW, respectively. Vendors and LSTK contractors enlisted under Category I will also have the opportunity to undertake the solarisation of retail outlets, including petrol pumps and Kisan Seva Kendras, within their respective regions. Start-ups and micro and small enterprises benefiting from relaxation in annual turnover and prior experience criteria, provided they meet the stipulated quality and technical standards, will be empanelled solely under the non-critical jobs only category. This category will also feature two sub-categories, corresponding to the capacity ranges and regional divisions mentioned earlier. Various locations will then commence the bidding process, inviting participation from the empanelled vendors/LSTK contractors to install solar projects. Vendors/LSTK contractors will be empanelled for 24 months from the empanelment date. Existing empanelled parties who do not take part in the new empanelment process will retain their current validity until expiration, after which they will be excluded from the list of empanelled parties.

Next Story
Infrastructure Urban

Shoals' Q3 2024 revenue falls 23.9% due to project delays, supply chain

Shoals Technologies Group, a U.S.-headquartered manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and e-mobility, reported a 23.9% year-over-year (YoY) decline in revenue, which dropped to $102.2 million in the third quarter (Q3) of 2024. This decline was mainly attributed to project delays and supply chain disruptions. The company posted a net loss of $300,000, a significant improvement compared to the $9.8 million net loss in Q3 2023. Adjusted net income was reported at $13.9 million, reflecting a 58.2% YoY decrease. Adjusted EBITDA stood at $24.5 million, a 4..

Next Story
Infrastructure Energy

FTC Solar sees 67% YoY decline in Q3 revenue from lower volumes

FTC Solar, a U.S.-based provider of solar tracker systems, reported a revenue of $10.14 million in the third quarter (Q3) of 2024, surpassing analyst expectations by $240,680. However, this figure marked a 66.8% year-over-year (YoY) decline compared to the same quarter in 2023, primarily attributed to reduced product volumes. The decline in solar tracker revenue was mainly due to an 82% decrease in the amount of MW produced, which was negatively impacted by delays in customer projects. This was partially offset by an increase in the average selling price (ASP), which led to better pricing an..

Next Story
Infrastructure Urban

Dilip Buildcon wins bid for BharatNet Phase III broadband project

Dilip Buildcon announced on Tuesday, November 12, that its STL-DBL consortium had submitted the lowest bid for BSNL's BharatNet Phase III broadband connectivity project. The USOF-funded project, which aims to provide middle and last-mile connectivity in Jammu Kashmir and Ladakh, is valued at Rs.1,625.36 Crore. Dilip Buildcon holds a 70.23% stake in the implementation of the project. The project is expected to be completed in three years, and the corporation will secure a 10-year maintenance contract. In recent days, BSNL has awarded several contracts for the BharatNet project. On Monday, No..

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