HPCL Renewable and Green Energy (HPRGEL) has floated a tender for the engineering, procurement, and construction (EPC) package with land for 105 MW state transmission utility-connected solar power projects in Maharashtra. HPRGEL is a subsidiary of Hindustan Petroleum Corporation. The last date for bid submission is November 27, 2024.
The total capacity has been split into five schedules. The first four schedules have a capacity of 20 MW and the fifth and last schedule has a capacity of 25 MW. The project has to be commissioned within 11 months of the issue of Letter of Award.
According to the tender guidelines, the bidders have to submit an earnest money deposit of Rs 1 million per schedule. The bidder should also have an average annual turnover of Rs 133 million for Schedules 1–4 and Rs 167 million for Schedule 5. Further, the selected bidders have to submit 2 per cent of the tender value as performance security within two weeks from the bid acceptance. They also have to furnish 5 per cent of the operation and maintenance contract value as a bank guarantee.
To be eligible, the bidders should have commissioned at least 10 MW of solar projects in India for Schedules 1–4, and a minimum of 12.5 MW for Schedule 5 in the last ten years. Those bidding for multiple schedules, should have the aggregate sum of individual schedules. Furthermore, only solar modules registered by the Ministry of New and Renewable Energy in the Approved List of Models and Manufacturers can be used in the projects.
In October 2024, HPRGEL floated an EPC tender for the three floating solar projects. The projects include a 9 MW floating solar project in Jaisalmer, a 14 MW floating solar project in Balotra, and a 2 MW floating solar project in Visakhapatnam, Andhra Pradesh. The first two projects will be developed in Rajasthan.
