NTPC Tenders for 1200 MW ISTS-Connected Solar Projects in India

• NTPC Ltd has actually welcomed on the internet bids for the option of solar energy designers for establishing 1200 MW solar PV power projects throughout India.

NTPC Ltd has actually welcomed on-line proposals from qualified prospective buyers for the option of solar energy designers for establishing 1200 MW ISTS-Connected solar PV power projects throughout India.

The last day for entry of proposals is March 19, 2020, and also the techno-commercial quotes will certainly be opened on the very same day. The day and also time of opening of the rate quotes as well as the e-reverse public auction will certainly make love individually by NTPC to the practically picked prospective buyers.

A pre-bid conference has actually been set up for March 6, 2020, to resolve the issues increased by the possible bidders. And All proposals need to be accompanied by Earnest Money Deposit for a quantity determined at the price of Rs 400,000 per MW of priced estimate proposal capability as well as in the type as specified in the RfS Documents.

The Request for Selection (RfS) for the tender will certainly be offered for download from February 20, 2020.

For more details visit this site.

In January, we had actually reported that NTPC had actually wrapped up the e-reverse public auction for its 1,000 MW of solar projects tender under the Develop Build Demonstrate (DBDT) program, granting 560 MW ability to 3 prospective buyers. According to sector resources, the 1,000 MW solar tender had actually been undersubscribed, obtaining bids for just 700 MW. As the tender had actually been undersubscribed, just 80 percent or 560 MW of the quote ability was granted out of the 1,000 MW tender.

The 3 prospective buyers that were granted projects under the tender are Tata Power Solar which won 300 MW capability after sending the most affordable quote with an EPC quote of Rs 1.925 crore, Jakson Limited was granted 110 MW as well as Larsen & Toubro Limited (L&T) was granted 150 MW project capability under the tender after sending a proposition for 300 MW ability.

A lot more lately, the Solar Energy Corporation of India (SECI) has actually reported a checklist of 9 prospective buyers that have actually sent potential proposals versus the nodal companies 1.2 GW solar tender (ISTS-VIII) which was released in January.

The 9 companies that have actually sent proposals are ReNew Power, Softbank, Avaada, O2 Power, Brookefield, Eden, Tata, Ayana, as well as IB Solar, with overall propositions sent for 3.5 GW. Restore Power as well as Softbank-backed SB Energy sent the most significant proposals at 600 MW each, behind them Avaada sent a single bid for 500 MW. The staying 6 prospective buyers each sent bids for 300 MW ability each.