Jindal Power Invites Bids for 150 MW Mono PERC Modules for Solar Projects

• Jindal Power has actually invited bids for 150 MW of MONO PERC solar modules for setting up solar projects in various places throughout facilities possessed by Jindal Power in Odisha and also Chhattisgarh.
• The last date for submitting the online bid is November 15, 2022, & bids will certainly be opened on the same day.

Jindal Power has invited bids for 150 MW of MONO PERC solar modules for setting up solar projects in various places throughout infrastructure owned by Jindal Power in Odisha as well as Chhattisgarh.

The last day for submitting the online bid is November 15, 2022, as well as bids will certainly be opened on the exact same day.

This Jindal Power 150 MW solar modules tender includes the range of work in production, screening, packing, supply, as well as transport of monocrystalline passivated emitter and rear get in touch with (PERC) modules.

The modules from this 150 MW solar tender would certainly be used to develop solar projects in Chhattisgarh as well as Odisha amounting to 105 MW as well as 45 MW, respectively.

Within 7 days of the letter of the honor being issued, each interested bidder will be required to deposit 10% of the engineering, procurement, as well as building and construction (EPC) value as a performance bank assurance as a bid file charge. The granted bidder will need to submit 10% of EPC value as an O&M bank guarantee.

Along with the approved solar module capacity, the provider has to likewise offer 0.4% of that capacity as required spares. Bidders need to have prior experience generating solar modules for orders that completed a minimum of Rs 375 crore in the previous financial year.Bidders need to have produced sufficient solar modules total to power at least 500 MW of solar installments. In addition, they ought to be able to produce 500 MW of modules annually at least. The Ministry of New and Renewable Energy's ALMM listing, which is constantly updated, should be utilized when purchasing solar panels.

The modules have to be ensured against any type of material or manufacturing flaws as well as handiwork for at least 10 years. The company is required to supply mono PERC solar modules with an output of no more than 530Wp.

Solar modules' efficiencies have to be above or equal to 19.5%. If the commissioning of the goods is postponed, the service provider will be responsible for paying sold off damages at a price of 0.5% of the agreement cost for every week that the delay has lasted completely or in part, as much as a maximum of 5% of the contract price.Average annual monetary turn over throughout the last 3 years, finishing 31st March of the previous financial year, must be at least 375 crores from the last three financial years ending on 31.03.2021 based upon audited annual accounts.

The net worth of the bidder during the last Financial Year shall be positive, wherein the total assets will be determined as follows:

Net Worth = (Equity + Reserves)-- (Revaluation reserves+ intangible assets + miscellaneous expenses to the extent not written off + carried forward losses).