SECI invites bids for 30 MW floating solar project on DVC reservoirs
POWER & RENEWABLE ENERGY

SECI invites bids for 30 MW floating solar project on DVC reservoirs

Solar Energy Corporation of India (SECI) has floated tenders to install a 30 MW grid-connected floating solar power project on reservoirs of Damodar Valley Corporation's (DVC) thermal power plant at Koderma of 6 MW, Mejia of 14 MW and Raghunathpur of 10 MW.

The successful bidder will be responsible for the operation and maintenance (O&M) of the project for ten years.

The deadline to submit the bids is 1 August 2022 and will be opened on the same day.

The bidders will have to deposit an equivalent amount of Rs 40.2 million as an earnest money deposit.

The solar project must be commissioned 12 months from the date of awarding the project.

As per the tender document, the solar modules and cells should be supplied from Class I local suppliers. The solar cells and modules should be sourced from the manufacturers under the List-I of the Approved List of Modules and Manufacturers (ALMM) under the Ministry of New and Renewable Energy (MNRE).

The bidders should have experience in engineering, procurement and construction (EPC) activities on a turnkey basis of not less than 15 MW in the last seven financial years. The projects must be in operation for six months before the last date of the bids.

The bidders should have executed ground-mounted solar projects of not less than 15 MW or at least two grid-connected solar projects of 3 MW each in the last seven financial years.

The annual turnover of the bidder should be at least Rs 804.3 million in the last three financial years, with a positive net worth in the last financial year.

The minimum working capital of the bidder should be Rs 502.7 million. They should confirm the availability line of credit of Rs 502.7 million to meet the working capital required for the project.

In February, SECI floated an EPC tender for a 100 MW floating solar project at Getalsud Dam in Jharkhand.

Image Source

Also read: DVC inks JV agreement with NTPC for renewable energy projects

Solar Energy Corporation of India (SECI) has floated tenders to install a 30 MW grid-connected floating solar power project on reservoirs of Damodar Valley Corporation's (DVC) thermal power plant at Koderma of 6 MW, Mejia of 14 MW and Raghunathpur of 10 MW. The successful bidder will be responsible for the operation and maintenance (O&M) of the project for ten years. The deadline to submit the bids is 1 August 2022 and will be opened on the same day. The bidders will have to deposit an equivalent amount of Rs 40.2 million as an earnest money deposit. The solar project must be commissioned 12 months from the date of awarding the project. As per the tender document, the solar modules and cells should be supplied from Class I local suppliers. The solar cells and modules should be sourced from the manufacturers under the List-I of the Approved List of Modules and Manufacturers (ALMM) under the Ministry of New and Renewable Energy (MNRE). The bidders should have experience in engineering, procurement and construction (EPC) activities on a turnkey basis of not less than 15 MW in the last seven financial years. The projects must be in operation for six months before the last date of the bids. The bidders should have executed ground-mounted solar projects of not less than 15 MW or at least two grid-connected solar projects of 3 MW each in the last seven financial years. The annual turnover of the bidder should be at least Rs 804.3 million in the last three financial years, with a positive net worth in the last financial year. The minimum working capital of the bidder should be Rs 502.7 million. They should confirm the availability line of credit of Rs 502.7 million to meet the working capital required for the project. In February, SECI floated an EPC tender for a 100 MW floating solar project at Getalsud Dam in Jharkhand. Image Source Also read: DVC inks JV agreement with NTPC for renewable energy projects

Next Story
Infrastructure Energy

Oil Prices Rise Amid Iran-Israel Tensions Despite Record U.S. Output

Oil prices increased due to reports that Iran was preparing a retaliatory strike on Israel from Iraq, although record output from the United States tempered these gains. Brent crude futures rose by 29 cents, or 0.4%, to settle at $73.10 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 23 cents, or 0.3%, closing at $69.49. Both benchmarks had reached session highs of over $2 a barrel earlier in the day. Analyst Ole Hvalbye from SEB Research commented that any Iranian response might be restrained, similar to Israel's limited strike from the previous weekend, suggesting that such a..

Next Story
Infrastructure Urban

South and Southeast Asia to Invest Over $20 Billion in EV Development

A recent report by S&P Global Ratings projects that South and Southeast Asia will invest over $20 billion in electric vehicle (EV) development in the coming years, with India poised to attract significant EV-related investments. The report highlights India's vast market potential as a key driver for this growth. According to the report, the Tata and JSW groups are expected to invest over $30 billion in EVs and EV materials over the next decade, with approximately $10 billion allocated specifically for projects in South and Southeast Asia. The adoption of electric vehicles in India is anticip..

Next Story
Infrastructure Urban

India and Saudi Arabia Explore Collaboration in Emerging Sectors

India and Saudi Arabia are exploring partnerships in emerging fields such as fintech, new technologies, energy efficiency, clean hydrogen, textiles, and mining to strengthen trade and investment ties, an official statement revealed on Friday. The discussions took place during Commerce and Industry Minister Piyush Goyal's visit to Riyadh, where he co-chaired the second meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC) with Saudi Energy Minister Abdulaziz bin Salman Al-Saud on October 30. These sectors were identified as high-potential are..

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