The 10 MW solar power plants at NTPC Limited’s Ramagundam facility in Telangana has requested proposals for a biennial operation and maintenance (O&M) contract.
To be eligible for the bidding procedure, the bidder must have completed the installation and commissioning of a solar power plant with a capacity of at least 5 MW and grid connection within the previous seven years.
The deadline for proposal submissions is June 6, 2022. On June 9, bids will be accepted. ‘Class I local suppliers’ will be given priority. A minimum of 60% local content is required for a bidder to be classified as a “Class-I local supplier.” Alternatively, the bidder must have operated and maintained a grid-connected solar power plant with a capacity of at least 5 MW for the last seven years.
A valid electrical license should be held by the bidder. In the previous three financial years, the bidder’s average yearly turnover should not have been less than $5 million ($64,750). This tender will be open to any bidder from a nation that has a land border with India.
As an earnest money deposit, bidders must provide a sum equal to Rs. 200,000. As bid security, the contractor shall give a sum equal to 10% of the contract. If a bidder fails to fulfil the financial criteria, its holding company must meet the specified turnover requirements, provided that the holding company’s net worth on the last day of the previous financial year is at least equal to or more than the paid-up share capital.
NTPC has previously requested bids for the operation and maintenance of a 10 MW solar plant in Ramagundam for two years in January 2020.
Reference:- https://mercomindia.com/ntpc-om-tender-10-mw-solar-project-telangana/