NHPC Seeking EPC Contractors for 50 MW Floating Solar Project

• NHPC Ltd is looking for Engineering, Procurement & Construction (EPC) service providers for the 50 MW floating solar project at West Kallada in the state of Kerala.

NHPC Ltd has actually released a tender, inviting proposals from qualified companies for occupying the Engineering, Procurement & Construction (EPC) contract for the 50 MW floating solar PV power project at West Kallada, Kollam district, in the state of Kerala.

The picked programmers will have a period of 12 months to complete the job of the installation of the floating solar system. Adhering to which they will certainly be required to provide detailed operation as well as maintenance solutions for the plant for a duration of 10 years.

The last day for proposal submission is August 14, 2020, (August 11, 2020, for online submission) and also the techno-commercial bids will certainly be opened on August 17, 2020. The date as well as time of opening of the rate bids as well as the e-reverse public auction will certainly make love to the technically cleared prospective buyers later. A pre-bid meeting has been set up for July 15, 2020, to resolve the issues increased by the potential bidders.

To be qualified for joining the bidding procedure, the bidder must have experience of having actually successfully finished a solar energy project throughout the last 5 years on EPC basis, as a professional, having abilities as below, as on the last date of the month prior to the bid entry date:

A Solar Power Project of at the very least 40 MW Capacity

or

2 Solar Power projects of a minimum of 25 MW Capacity each

or

3 Solar Power projects of at least 20 MW Capacity each.

Even more, the bidders ought to also have effective experience of operation & maintenance for a minimum of 20 MW solar power project for a minimum of one year throughout the coming before five years, as on the last day of the month before the bid entry day.

Financially, the prospective buyer's minimal average annual turnover in the coming before 3 years ought to be Rs 415 crore. And also must have a working capital (present assets minus existing liabilities) of Rs 46 crore.

In May, the hydropower giant had actually revealed that its board had actually approved the proposition to foray right into the solar power service. "It is to educate that board of directors of NHPC Ltd in its meeting held today ... has actually taken into consideration and also approved the proposal concerning diversification of organisation of the business by the growth of solar energy projects as intermediary procurer through solar power programmers," a statement claimed.