ITI Tenders for Commissioning of 1.5 MW Solar Plant in Raebareli

• ITI has actually tendered for the commissioning of a 1.5 MW solar power plant with net-metering at its facility in Raebareli in Uttar Pradesh.

ITI Limited has actually released a tender, inviting quotes from eligible bidders for the installment as well as appointing of a 1.5 MW grid-connected solar energy plant (rooftop/ground-mounted) with net-metering at the ITI facility in Raebareli in Uttar Pradesh.

The range of benefit the chosen prospective buyers will certainly consist of the survey, style, fabrication, supply, setup, testing and commissioning of the 1500 kWp solar plant with net-metering with Zero Export Policy. The developers will likewise be called for to provide thorough operation and also upkeep solutions for the plant for a period of 5 years from the day of successful appointing.

The last day for proposal submission is November 25, 2020, and the techno-commercial bids will be opened on November 26, 2020. The date and time of opening of the economic bids will be informed later to the effective technical bidders.

The approximated price of the project is Rs 2.55 crore and all prospective buyers are needed to send an Earnest Money Deposit of Rs 5 lakh along with their bids. Nonetheless, all MSMEs shall be exempted from repayment of any kind of charge or deposit under the tender.

To be eligible for taking part in the bidding process, the prospective buyers should have experience of design, supply, testing as well as setup as well as commissioning of a cumulative 1500 kWp solar plant during the last 3 fiscal years. And also, they must have effectively finished one solitary solar project of at least 500 kWp capability in the last 3 years.

Monetarily, the prospective buyers ought to have a positive net-worth in any one year in the last three fiscal years. As well as, the firm must have a minimal yearly ordinary turn over of Rs 3 crore throughout the very same period.

The solar components for the project will certainly be provided by ITI, the bidders must specify the amount to ITI at the time of bidding process.

In March, the PSU had issued a tender for obtaining solar power from a reputed designer for one of its properties in Bengaluru with a long term Power Purchase Agreement (PPA) under the 3rd celebration Open Access version. ITI Limited was intending to procure solar power for its internal intake, with the aggregate requirement of power being 80,00,000 (8M) devices annually around.