HomeRenewable energy ›IIT Hyderabad Invites Bids for 3.5 MW Captive Solar PV Plant

IIT Hyderabad Invites Bids for 3.5 MW Captive Solar PV Plant

IIT Hyderabad has issued an EPC tender for setting up a 3.5 MW (AC) in-house captive solar PV plant at its campus. The last date for submitting bids is October 14, 2024.

September 21, 2024. By Mrinmoy Dey

IIT Hyderabad has floated an EPC tender for setting up a 3.5 MW (AC) in-house captive solar PV plant at its campus. The project includes planning, design, supply, installation, testing and commissioning with five years of operation and maintenance.

The approximate value of the tender is INR 16 crore and the project needs to be completed in 12 months.

Bidders need to submit an earnest money deposit (EMD) of INR 26 lakh. Bid submission closes on October 14, 2024, and the bids will be opened on October 15, 2024.

Bidders need experience of having successfully completed similar works during the last seven years ending the last day of the month previous to the one in which tenders are invited.

“They need to have three similar works completed each of rated capacity not less than 40% of the 3500kVA capacity Solar PV Plant or two similar works completed each of rated capacity not less than 60% of the 3500kVA capacity Solar PV Plant or one similar work completed of rated capacity not less than 80% of 3500kVA capacity Solar PV Plant,” noted the tender document.

It further clarified that similar work will mean the work of planning, design, supply, installation, testing, commissioning, operation and maintenance (O&M) of a Solar PV Plant of a capacity not less than 1400kVA.

“However, the supply of Solar PV modules and O&M in similar work is a desirable condition and not the essential one. The reference Solar PV Plant needs to be successfully commissioned and shall be fully functional for a minimum period of one year (after commissioning), as on the previous day of the due date of submission of this bid,” the NTT document added.

As for the financial eligibility, the average annual financial turnover of the bidder should be at least INR 4.80 crore during the immediate last three consecutive financial years.
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