NTPC REL Floats Tender for 1,200 MW Solar PV Modules at Khavda RE Park, Gujarat

NTPC Renewable Energy Ltd. (NTPC REL) has floated a major tender for the supply of solar photovoltaic (PV) modules to support its ambitious 1,200 MW (AC) solar projects at the Khavda Renewable Energy Park–South Block in the Rann of Kutch, Gujarat. 

According to the tender document, the scope of work covers the manufacturing, supply, packing, forwarding, and transportation of crystalline bifacial solar PV modules with a minimum nominal rating of 570 Wp. Only modules listed in India’s Approved List of Models and Manufacturers (ALMM) List-I and classified under the Open Category will be accepted. In total, NTPC REL requires 1,560 MWp in capacity, divided into four blocks of 390 MWp each, with an additional 1 percent to be supplied as spares. All deliveries must be made to the project site in Gujarat.

Bidding documents can be downloaded from the portal between August 18 and August 21, 2025, using the Tender Search Code NTPCREL-2025-TN000020. A document fee of INR 22,500 is applicable, though Micro and Small Enterprises (MSEs) with valid UDYAM registration are exempt. Interested bidders must submit a signed Non-Disclosure Agreement along with payment (if applicable) before the close of the document sale. A pre-bid conference and the deadline for queries have been scheduled for August 22, while bid submissions must be completed online by August 28. Techno-commercial bids will be opened the same day.

The eligibility criteria for bidders are rigorous. From a technical standpoint, participants must have manufactured and supplied at least 200 MWp of solar PV modules or cells in any 12-month period within the past five years, with at least one order of 50 MWp or more. Bidders must also possess an annual manufacturing capacity at least 1.67 times greater than the quoted capacity, as listed in the most recent ALMM notification. Group, holding, or subsidiary companies may also qualify through a binding joint undertaking.

Financial conditions further strengthen the qualifying framework. Bidders must have an average annual turnover of not less than INR 0.247 crore per MWp of quoted capacity across the last three financial years. Net worth, as of the last financial year, must be at least 100 percent of the paid-up share capital. Companies may rely on their holding entities to meet turnover criteria, provided sufficient proof of financial capacity and board resolutions are submitted.

To secure participation, bidders must furnish bid security (EMD) commensurate with the capacity quoted. The requirement is set at INR 10 crore for one block (393.9 MWp) and INR 20 crore for two, three, or all four blocks (787.8 MWp to 1,575.6 MWp). The security may be provided through bank guarantees or electronic fund transfers with supporting documentation. Exemptions are available to MSEs registered under UDYAM. Failure to submit valid bid security will render offers non-responsive.

The selection process will follow a Single Stage Two Envelope system, consisting of techno-commercial and price bids, with successful technical bidders advancing to a reverse auction stage. NTPC REL has emphasised its right to cancel or reject bids without assigning reasons. The company plans to finance the procurement either through internal resources or external borrowings.

As part of India’s largest power producer, NTPC REL has been spearheading the group’s transition into renewable energy, with the Khavda park positioned as a flagship project. This tender marks another significant step in securing high-quality domestic module supply as the company works toward India’s broader goal of 500 GW of non-fossil fuel capacity by 2030.