Southern railway seeks bids for 1.2 MW rooftop solar in Chennai
POWER & RENEWABLE ENERGY

Southern railway seeks bids for 1.2 MW rooftop solar in Chennai

The Southern Railway announced an invitation for bids regarding the installation of 1.2 MW rooftop solar projects at various locations in Perambur, Chennai, under the renewable energy service company (RESCO) model. It was mentioned that the bids would commence on May 7, 2024, and the deadline for submission of bids was set for May 21, 2024.

It was stated that the project, estimated at Rs 169.8 million, forms a part of the Indian Railways? strategy to utilize renewable energy sources for its operations. The responsibilities encompassing the design, engineering, procurement, construction, installation, testing, commissioning of the rooftop solar PV system, and its operation would fall upon the successful bidder.

Potential bidders were informed that the cost of the tender document stood at Rs 34,810, while a required earnest money deposit of Rs 1.28 million was necessary. Eligibility criteria were detailed, with bidders needing to demonstrate an average annual turnover of at least Rs 15 million over the past three financial years, along with maintaining a positive net worth during that period. Additionally, they were required to have installed either a minimum of 200 kWp of grid-connected rooftop solar systems or 1,000 kWp of any grid-connected systems.

The announcement allowed joint venture firms to participate, with bids being ranked from lowest to highest based on the tariff rate quoted by the bidders. It was emphasized that tariff rates should be exclusive of taxes and levies, such as self-generation tax, network charges, and potential future taxes, which would be borne by the Railways.

The successful bidder was obligated to complete the project within 240 days from the date of contract award.

In a related development, the South Eastern Railway had recently invited bids to empanel agencies for the establishment of 8.383 MW of grid-connected rooftop solar power projects in Odisha, Jharkhand, and West Bengal through public-private partnerships, following a design, build, finance, operate, and transfer approach.

Furthermore, the Asansol Division of the Eastern Railway in West Bengal had previously invited bids from solar developers for the installation of 1 MW grid-connected rooftop solar projects, also following a design, build, finance, operate, and transfer basis.

The Southern Railway announced an invitation for bids regarding the installation of 1.2 MW rooftop solar projects at various locations in Perambur, Chennai, under the renewable energy service company (RESCO) model. It was mentioned that the bids would commence on May 7, 2024, and the deadline for submission of bids was set for May 21, 2024. It was stated that the project, estimated at Rs 169.8 million, forms a part of the Indian Railways? strategy to utilize renewable energy sources for its operations. The responsibilities encompassing the design, engineering, procurement, construction, installation, testing, commissioning of the rooftop solar PV system, and its operation would fall upon the successful bidder. Potential bidders were informed that the cost of the tender document stood at Rs 34,810, while a required earnest money deposit of Rs 1.28 million was necessary. Eligibility criteria were detailed, with bidders needing to demonstrate an average annual turnover of at least Rs 15 million over the past three financial years, along with maintaining a positive net worth during that period. Additionally, they were required to have installed either a minimum of 200 kWp of grid-connected rooftop solar systems or 1,000 kWp of any grid-connected systems. The announcement allowed joint venture firms to participate, with bids being ranked from lowest to highest based on the tariff rate quoted by the bidders. It was emphasized that tariff rates should be exclusive of taxes and levies, such as self-generation tax, network charges, and potential future taxes, which would be borne by the Railways. The successful bidder was obligated to complete the project within 240 days from the date of contract award. In a related development, the South Eastern Railway had recently invited bids to empanel agencies for the establishment of 8.383 MW of grid-connected rooftop solar power projects in Odisha, Jharkhand, and West Bengal through public-private partnerships, following a design, build, finance, operate, and transfer approach. Furthermore, the Asansol Division of the Eastern Railway in West Bengal had previously invited bids from solar developers for the installation of 1 MW grid-connected rooftop solar projects, also following a design, build, finance, operate, and transfer basis.

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