THDC Seeks Expertise for Godavari Marathwada Floating Solar Projects
With the bid submission deadline on December 26, 2023, and openings scheduled for the same day, interested parties are required to submit an EMD of INR 123,000.
December 12, 2023. By Abha Rustagi
With the bid submission deadline on December 26, 2023, and openings scheduled for the same day, interested parties are required to submit an earnest money deposit (EMD) of INR 123,000. Notably, this deposit is exempt for registered micro and small enterprises in India.
As part of the eligibility criteria, bidders must provide a performance security equal to 10 percent of the contract price, including GST, at least seven days before signing the contract. The signing of the contract must take place within 30 days of issuing the letter of award.
Eligible bidders encompass private, public, or government-owned entities, with joint ventures or consortia allowed, limited to a maximum of two partners, including the lead partner.
Financial criteria include a demonstration of an average annual turnover of not less than INR 37 lakhs, including GST, over the past three financial years. Bidders must also show a net worth of at least 100 percent of their paid-up share capital as of the last day of the preceding financial year.
Experience requirements mandate a minimum of three years of consultancy services for pre-feasibility studies or detailed project reports for both floating and ground-mounted solar power projects, domestically and internationally.
please contact: contact@energetica-india.net.
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