1. Home
  2. Infrastructure Energy
  3. POWER & RENEWABLE ENERGY
  4. JREDA invites bids for 1.39 MW solar systems maintenance
JREDA invites bids for 1.39 MW solar systems maintenance
POWER & RENEWABLE ENERGY

JREDA invites bids for 1.39 MW solar systems maintenance

01 Jun 2023 2 Min Read CW Team
The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39 MW, over a period of five years.

The scope of work encompasses the replacement of power conditioning units, modules, batteries, and other components installed in various villages within Jharkhand's Chatra district.

Interested parties must submit their bids no later than June 14, 2023, with the bid opening scheduled for June 16.

The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder will be required to provide a security deposit equivalent to 10% of the allocated work order cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit a 1% security deposit.

In addition to the security deposit, the successful bidder must also furnish a performance bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work order.

To be eligible for consideration, bidders must have completed three similar projects, each amounting to at least 40% of the total project cost, or two similar projects, each amounting to at least 50% of the total project cost, or one similar project amounting to no less than 80% of the estimated project cost, for any government organization or public sector undertaking within the past seven years.

For MSMEs, the bidder must have completed a similar project valued at no less than 10% of the estimated cost within the past seven years.

Furthermore, the bidder's average annual financial turnover over the past three years should be at least 30% of the estimated cost of the bid quantity.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39 MW, over a period of five years. The scope of work encompasses the replacement of power conditioning units, modules, batteries, and other components installed in various villages within Jharkhand's Chatra district. Interested parties must submit their bids no later than June 14, 2023, with the bid opening scheduled for June 16. The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder will be required to provide a security deposit equivalent to 10% of the allocated work order cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit a 1% security deposit. In addition to the security deposit, the successful bidder must also furnish a performance bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work order. To be eligible for consideration, bidders must have completed three similar projects, each amounting to at least 40% of the total project cost, or two similar projects, each amounting to at least 50% of the total project cost, or one similar project amounting to no less than 80% of the estimated project cost, for any government organization or public sector undertaking within the past seven years. For MSMEs, the bidder must have completed a similar project valued at no less than 10% of the estimated cost within the past seven years. Furthermore, the bidder's average annual financial turnover over the past three years should be at least 30% of the estimated cost of the bid quantity.

Next Story
Infrastructure Transport
09 Jan 2025

Anji Khad Bridge, India's First Cable-Stayed Rail Bridge Ready in J&K

Indian Railways has completed the Anji Khad Bridge, India’s first cable-stayed rail bridge, located in the Reasi district of Jammu and Kashmir. A critical component of the ambitious Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project, this engineering marvel connects Katra and Reasi, promising enhanced regional connectivity and economic growth.Spanning 725.5 metres, the bridge features a 193-metre-tall main pylon, soaring 331 metres above the riverbed. Its design allows it to withstand wind speeds of up to 213 km/h and safely support train operations at speeds of 100 km/h.Constructed in th..

Read More
Next Story
Infrastructure Urban
09 Jan 2025

Exporters Raise Logistics Costs Concerns with Piyush Goyal

Exporters and freight agencies have voiced concerns over high terminal handling charges at ports and the underutilisation of dry ports, adding to India’s overall logistics costs. During a meeting with Commerce and Industry Minister Piyush Goyal, they highlighted that the fees charged by shipping terminals for container storage and positioning before loading exceed port charges by Rs 10,000-15,000 per consignment. The discussion focused on logistics and shipping challenges, with the government actively working to reduce costs across the supply chain, according to an official. India is targe..

Read More
Next Story
Infrastructure Transport
09 Jan 2025

Government to Revamp UDAN Scheme with Focus on Airport Readiness

The Indian government is set to revamp its regional air connectivity scheme, UDAN (Ude Desh ka Aam Nagrik), by prioritising airport readiness before inviting airlines to bid for operating routes. Financial support for the development of unserved airports and airstrips across the country is expected to be a key focus in the upcoming budget, along with stricter assessments of route feasibility, according to sources. Launched in 2017 to boost air travel in the world’s fastest-growing aviation market, the UDAN scheme caps airfares and provides subsidies to airlines for operating on less frequen..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

Anji Khad Bridge, India's First Cable-Stayed Rail Bridge Ready in J&K
RAILWAYS & METRO RAIL
09 Jan 2025

Anji Khad Bridge, India's First Cable-Stayed Rail Bridge Ready in J&K

Exporters Raise Logistics Costs Concerns with Piyush Goyal
WAREHOUSING & LOGISTICS
09 Jan 2025

Exporters Raise Logistics Costs Concerns with Piyush Goyal

Government to Revamp UDAN Scheme with Focus on Airport Readiness
AVIATION & AIRPORTS
09 Jan 2025

Government to Revamp UDAN Scheme with Focus on Airport Readiness

Motilal Oswal Raises Rs 17.5 Billion for Sixth Real Estate Fund
Real Estate
09 Jan 2025

Motilal Oswal Raises Rs 17.5 Billion for Sixth Real Estate Fund

Noida Authority Recovers Rs 4.8 Billion Floodplain from Encroachers
Real Estate
09 Jan 2025

Noida Authority Recovers Rs 4.8 Billion Floodplain from Encroachers

Noida Authority Directs Suraksha to Resume Jaypee Kosmos Maintenance
Real Estate
09 Jan 2025

Noida Authority Directs Suraksha to Resume Jaypee Kosmos Maintenance

Varun Dhawan Buys Two Luxury Apartments in Juhu for Rs 869.2 Million
Real Estate
09 Jan 2025

Varun Dhawan Buys Two Luxury Apartments in Juhu for Rs 869.2 Million

Cable Car Project for Mumbai Metropolitan Region Gets Green Light
ECONOMY & POLICY
09 Jan 2025

Cable Car Project for Mumbai Metropolitan Region Gets Green Light

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