MES Seeks Bids for 1.33 MW Solar Projects in Jaipur
POWER & RENEWABLE ENERGY

MES Seeks Bids for 1.33 MW Solar Projects in Jaipur

Military Engineer Services (MES) has issued an invitation for bids for 1.33 MW solar power projects across various locations within the Jaipur Military Station. With a bid submission deadline set for March 7, 2024, and bid openings scheduled for March 9, interested parties are urged to act promptly.

The project's planned schedule, falling under the tender scope, is meticulously formulated using the Critical Path Method (CPM). Bidders are required to demonstrate a comprehensive understanding of this technique and ensure the availability of technically proficient staff capable of its implementation.

With an estimated project cost of ₹92 million ($1.1 million), contractors must complete the work within a 365-day timeframe. Additionally, bidders are required to submit ₹3,000 ($36.12) as the cost of the tender document.

Contractors registered with MES or those fulfilling the standing security bond requirement are exempt from providing an earnest money deposit. However, others must furnish a deposit of ₹785,000 (~$9,452.58).

Upon selection, the chosen bidder must submit a performance bank guarantee equivalent to 5% of the contract amount within 28 days of receiving the letter of acceptance.

Payment distribution across various project stages is outlined as follows: 1% upon completion of initial stages, 50% after supply and installation, 75% following testing and commissioning, and the remaining 100% upon the expiration of the defects liability period.

MES-enlisted contractors must meet enlistment criteria as per MES Enlistment rules, with a clean record in workload returns and similar reports issued by relevant engineering authorities.

For non-enlisted contractors, meeting enlistment criteria involves demonstrating satisfactory completion of works with central/state government/PSUs, maintaining an adequate annual turnover, bank solvency, working capital, and other specified requirements.

Both enlisted and non-enlisted contractors must have a Memorandum of Understanding with solar power firms rated as 1A/1B/1C/2A/2B/2C by accredited rating agencies.

In a related development, MES recently floated a tender to finalize the balance work of 1 MW rooftop solar systems at the Air Force Station in Nagpur. This initiative aligns with Prime Minister Narendra Modi's announcement of installing rooftop solar systems in 10 million households across India under the Pradhan Mantri Suryodaya Yojana initiative.

Military Engineer Services (MES) has issued an invitation for bids for 1.33 MW solar power projects across various locations within the Jaipur Military Station. With a bid submission deadline set for March 7, 2024, and bid openings scheduled for March 9, interested parties are urged to act promptly.The project's planned schedule, falling under the tender scope, is meticulously formulated using the Critical Path Method (CPM). Bidders are required to demonstrate a comprehensive understanding of this technique and ensure the availability of technically proficient staff capable of its implementation.With an estimated project cost of ₹92 million ($1.1 million), contractors must complete the work within a 365-day timeframe. Additionally, bidders are required to submit ₹3,000 ($36.12) as the cost of the tender document.Contractors registered with MES or those fulfilling the standing security bond requirement are exempt from providing an earnest money deposit. However, others must furnish a deposit of ₹785,000 (~$9,452.58).Upon selection, the chosen bidder must submit a performance bank guarantee equivalent to 5% of the contract amount within 28 days of receiving the letter of acceptance.Payment distribution across various project stages is outlined as follows: 1% upon completion of initial stages, 50% after supply and installation, 75% following testing and commissioning, and the remaining 100% upon the expiration of the defects liability period.MES-enlisted contractors must meet enlistment criteria as per MES Enlistment rules, with a clean record in workload returns and similar reports issued by relevant engineering authorities.For non-enlisted contractors, meeting enlistment criteria involves demonstrating satisfactory completion of works with central/state government/PSUs, maintaining an adequate annual turnover, bank solvency, working capital, and other specified requirements.Both enlisted and non-enlisted contractors must have a Memorandum of Understanding with solar power firms rated as 1A/1B/1C/2A/2B/2C by accredited rating agencies.In a related development, MES recently floated a tender to finalize the balance work of 1 MW rooftop solar systems at the Air Force Station in Nagpur. This initiative aligns with Prime Minister Narendra Modi's announcement of installing rooftop solar systems in 10 million households across India under the Pradhan Mantri Suryodaya Yojana initiative.

Next Story
Infrastructure Energy

Greaves Electric Mobility Files for IPO

Electric-vehicle manufacturer Greaves Electric Mobility has announced plans to raise Rs 10 billion through an initial public offering (IPO), as stated in its draft papers filed. The company, recognised for its 'Ampere' brand of electric scooters, also produces three-wheelers under a separate brand. Greaves Electric’s major shareholders, Greaves Cotton—a publicly listed entity—and investment firm Abdul Latif Jameel Green Mobility Solutions, will collectively sell approximately 189.4 million shares through the IPO. This move positions Greaves Electric alongside larger competitor Ather En..

Next Story
Infrastructure Energy

IREDA Approves Rs 30 Billion for Odisha's Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has approved funding exceeding Rs 30 billion for renewable energy projects in Odisha as the state strives to achieve its goal of 10 GW capacity by 2030. Pradip Kumar Das, Chairman and Managing Director of IREDA, shared this update during the Odisha Solar Investor Conclave organised by GRIDCO. He emphasised that accessible financing is crucial to fostering the adoption of renewable energy. Das outlined IREDA's significant contributions to funding renewable energy projects in Odisha, spanning sectors such as solar, hydro, ethanol, and renewable..

Next Story
Infrastructure Energy

Oil Prices Rise Amid Light Pre-Christmas Trading

Oil prices edged higher during light trading ahead of the Christmas Day holiday. The increase was attributed to positive US economic data and growing oil demand in India, the third-largest importer of oil globally. Brent crude futures rose by 33 cents, or 0.45 per cent, to reach $72.95 per barrel, while US West Texas Intermediate (WTI) crude futures gained 29 cents, or 0.42 per cent, settling at $69.53 per barrel as of 0114 GMT. Economic indicators in the United States highlighted a surge in new orders for key manufactured capital goods in November, driven by robust demand for machinery. Add..

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