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Central Electronics Invites Bids for 1.2 GWp Solar PV Module Manufacturing Line
Central Electronics Ltd. has invited bids to establish a 1.2 GWp solar PV module manufacturing line at its Sahibabad plant under a revenue-sharing model. Bid submission ends on January 15, 2026.
December 31, 2025. By Mrinmoy Dey
Central Electronics Ltd. (CEL) has floated a tender for setting up 1.2 GWp solar PV module manufacturing line at its plant in Sahibabad on a revenue sharing model under the Make in India initiative.
The project will be set up on a 21,000 sq. m site with a proposed built-up area of 15,000 sq. m, and the designated space, which also houses an existing 900 kW ground-mounted solar plant, will be handed over to the selected developer on an ‘as-is-where-is’ basis.
The bidder will be required to establish the manufacturing line and commence operations within 12 months from the issuance of the LoI or site handover, whichever is later.
The scope of work includes building the infrastructure, installing and commissioning equipment, arranging utilities and manpower, securing certifications and insurance, as well as managing O&M, marketing, sales, and product warranties.
Bidders must furnish INR 50 lakh as an earnest money deposit (EMD).
The last date for submission of bids is January 15, 2026. The techno-commercial bids will be opened on January 16, 2026.
All modules manufactured under the project must be sold exclusively through CEL, and will be marketed under the bidder’s brand, with full warranty liabilities resting with the developer, who must also indemnify CEL against any product-related claims.
The contract period shall be initially for six years, extendable up to a further period of up to three years.
CEL has earmarked up to INR 25 crore as a financial support for the project, to be released against invoices. However, any infrastructure created using this funding will remain CEL’s property.
Under the revenue-sharing model, the developer must pay CEL either the per-watt tariff discovered via forward auction or a minimum assured amount of INR 15 crore in the first year and INR 18 crore annually from the second year onward, including during the extension period.
The tender carries a reserve price of INR 0.25/Wp, and participating bidders must have an average annual turnover of INR 75 crore in the last three consecutive financial years out of the last four years. They must also possess a minimum net worth of INR 50 crore as of March 31, 2025.
The project will be set up on a 21,000 sq. m site with a proposed built-up area of 15,000 sq. m, and the designated space, which also houses an existing 900 kW ground-mounted solar plant, will be handed over to the selected developer on an ‘as-is-where-is’ basis.
The bidder will be required to establish the manufacturing line and commence operations within 12 months from the issuance of the LoI or site handover, whichever is later.
The scope of work includes building the infrastructure, installing and commissioning equipment, arranging utilities and manpower, securing certifications and insurance, as well as managing O&M, marketing, sales, and product warranties.
Bidders must furnish INR 50 lakh as an earnest money deposit (EMD).
The last date for submission of bids is January 15, 2026. The techno-commercial bids will be opened on January 16, 2026.
All modules manufactured under the project must be sold exclusively through CEL, and will be marketed under the bidder’s brand, with full warranty liabilities resting with the developer, who must also indemnify CEL against any product-related claims.
The contract period shall be initially for six years, extendable up to a further period of up to three years.
CEL has earmarked up to INR 25 crore as a financial support for the project, to be released against invoices. However, any infrastructure created using this funding will remain CEL’s property.
Under the revenue-sharing model, the developer must pay CEL either the per-watt tariff discovered via forward auction or a minimum assured amount of INR 15 crore in the first year and INR 18 crore annually from the second year onward, including during the extension period.
The tender carries a reserve price of INR 0.25/Wp, and participating bidders must have an average annual turnover of INR 75 crore in the last three consecutive financial years out of the last four years. They must also possess a minimum net worth of INR 50 crore as of March 31, 2025.
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