Southern Railway is seeking bids in Chennai for rooftop solar projects
RAILWAYS & METRO RAIL

Southern Railway is seeking bids in Chennai for rooftop solar projects

In order to install grid-connected rooftop solar power projects with a combined capacity of 1.55 MW at various service buildings and railway colonies in the Chennai division, the Southern Railway has requested bids.

The winning bidder will supervise the project's design, procurement, construction, testing, and commissioning.

The project is worth $1.19 million, or Rs 99.6 million. A Rs 648,000 earnest money deposit is required of bidders. Bids must be submitted by June 14, 2024.

The bidders were required to have finished either three comparable projects, each costing at least 30% of the tender's announced value, two comparable projects totalling 40% of the advertised value, or one comparable project spending 60% of the tender's advertised value in the last seven years.

The completion of work related to the supply, installation, testing, and commissioning of solar PV power generating systems that account for at least 20% of the solar plant's tendered capacity to the federal government, state governments, public sector undertakings, or publicly traded companies with an average annual turnover of at least Rs 5 billion over the previous three fiscal years is referred to as "similar nature of work" in this context.

In addition, bidders need to demonstrate a minimum average contractual turnover of the tender's advertised value and the number of years required to complete the job for which bids are being solicited.

The winning bidder has 180 days from the contract's award date to finish the project. Entities or joint venture companies are eligible to bid.

In order to install grid-connected rooftop solar power projects with a combined capacity of 1.55 MW at various service buildings and railway colonies in the Chennai division, the Southern Railway has requested bids. The winning bidder will supervise the project's design, procurement, construction, testing, and commissioning. The project is worth $1.19 million, or Rs 99.6 million. A Rs 648,000 earnest money deposit is required of bidders. Bids must be submitted by June 14, 2024. The bidders were required to have finished either three comparable projects, each costing at least 30% of the tender's announced value, two comparable projects totalling 40% of the advertised value, or one comparable project spending 60% of the tender's advertised value in the last seven years. The completion of work related to the supply, installation, testing, and commissioning of solar PV power generating systems that account for at least 20% of the solar plant's tendered capacity to the federal government, state governments, public sector undertakings, or publicly traded companies with an average annual turnover of at least Rs 5 billion over the previous three fiscal years is referred to as similar nature of work in this context. In addition, bidders need to demonstrate a minimum average contractual turnover of the tender's advertised value and the number of years required to complete the job for which bids are being solicited. The winning bidder has 180 days from the contract's award date to finish the project. Entities or joint venture companies are eligible to bid.

Next Story
Technology

Step down your carbon footprint!

The construction industry is a major contributor to global carbon emissions, accounting for a significant portion of the world's greenhouse gases (GHGs). Key materials like cement, steel, aggregates, and bitumen are primary sources of these emissions. As urbanisation continues to accelerate, especially in developing countries such as India, the environmental impact of construction activities is becoming increasingly severe. This situation necessitates the adoption of sustainable construction technologies to mitigate the carbon footprint associated with construction projects. Major contrib..

Next Story
Infrastructure Urban

Wilo Mather aims 25% revenue from exports

Wilo Mather and Platt Pumps, a leading manufacturer of pump solutions, is targeting to generate 25% of its revenue from exports over the next 2-3 years. This strategic goal underscores the company's commitment to expanding its global footprint and capitalising on growing international demand for high-quality pump systems. The company plans to leverage its strong engineering capabilities and innovative product portfolio to penetrate new markets and increase its share in existing ones. Wilo Mather and Platt Pumps aims to enhance its presence in regions such as the Middle East, Southeast Asia, an..

Next Story
Infrastructure Urban

Adani Group to raise up to $3 billion in equity

Adani Group has unveiled plans to invest a staggering ?1.3 trillion in the fiscal year 2025, alongside raising up to $3 billion in equity. This ambitious investment strategy is set to fuel the conglomerate's diverse growth initiatives across multiple sectors, including energy, infrastructure, and logistics. The ?1.3 trillion investment will be allocated to expanding Adani Group's presence in renewable energy, enhancing port capacities, and developing cutting-edge infrastructure projects. These investments aim to bolster India's economic growth, create jobs, and promote sustainable development...

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

Join us Telegram