Tumakuru Smart City Floats Tender For 20 MW Floating Solar Project

Feb 25, 2021 04:28 PM ET
  • The Ministry of Real Estate and also Urban Affairs (MoHUA) of GoI has actually launched the Smart City Goal (SCM) as well as chosen Karnataka's Tumakuru city to be developed as a Smart City. As part of the Smart City Initiative, Tumakuru Smart City Limited (TSCL) has actually floated a tender for the advancement of a 20 MWp Grid Connected Floating Solar PV Power Project.

The tender released for the 20 MWp floating solar project includes its design, finance, procure, supply, setup, screening, compensation, procedure, as well as maintenance for 25 years on 80 to 100 acres of Bugudanahalli Lake Reservoir in Tumakuru District of Karnataka.

Interested prospective buyers are required to submit, along with its Proposal, an earnest money down payment (EMD) of Rs 98 lakhs by April 5, 2021.

To find themselves qualified, the prospective buyers should have formerly developed, provided, and commissioned at least 10 MW of roof, ground-mounted, floating, or canal solar power projects in the last five years with solitary or multiple systems of a minimal dimension of 100 kW. In addition to, the proposed project consisting of anchoring as well as mooring ought to be from a Company/Organization which has actually provided for Floating Solar Power Plant of advancing set up capability of 1 MWp or above in the last 5 years

In addition, they must have had a net worth of at the very least Rs. 10 crores since the previous financial year's last day as well as the prospective buyer ought to demonstrate liquid properties as well as/ or accessibility of credit score facilities of no less than Rs 3 Crores.

For this reason, all the economic quotes gotten for the projects would certainly be opened and the tariff offered by the Prospective buyer under the Bid would certainly be determined, and then just, the prospective buyer offering the lowest tariff will certainly be selected.

Moreover, the bidders are anticipated to take care of the grid linking devices as well as emptying lines to the local substation as well as offer all required electrical and also civil work under the implementation of the Smart City Objective in Tumakuru.