NTPC decreases solar tender capacity for EPC of 500 MW, restricting the project location in Gujarat

November 24, 2020, will be the last date for submission of proposals. It invited bids to develop EPC packages and solar projects up to 600 MW capacity for the land. 

GUJARAT (NATURAL ENERGY NEWS): NTPC Limited has revised its previous tender for Engineering, Procurement and Construction (EPC) package for 600 MW solar projects in the country. Tender capacity has now been reduced for 500 MW solar projects in Gujarat.

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NTPC originally commissioned the project in May. It invited bids to develop EPC packages and solar projects up to 600 MW capacity for the land. The solar projects associated with these interstate transmission systems (ISTS) were initially to be developed anywhere in India.

According to the company's corridor, the scope of work will now include design, engineering, manufacturing, supply, installation, and project commissioning in Gujarat. Previously, the scope included the complete EPC work required to develop the project and the power evacuation system to the nearest ISS substation.

Earlier, the last date for submission of bids was also revised from November 22, 2020, to November 24, 2020. Individual project sizes must be at least 50 MW or more and should be quoted in multiples of 10 MW. A single bidder can cite projects of maximum 300 MW.

Interested bidders are expected to pay a bid protection amount of MW 20 million (~ $ 268,897) for projects of 50 MW, MW 50 million (~ $ 268,897), for projects between 60 MW and 110 MW, $ 100 million. (~ $ 1.3 million) for projects between 230 MW and 300 MW in size, between 120 MW and 220 MW and 120 200 million (~ $ 2.7 million).

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Selected bidders are expected to provide three years of operation and maintenance services for the solar project, including switch guards and power evacuation systems to substations of the interconnecting state transmission utility.

Bidders should first execute projects with a similar scope of work for projects of at least 40 MW. At least one of these projects must be 10 MW or more and have been in operation for at least the last six months. Solar project developers meeting these criteria are also allowed to bid.

Alternatively, industrial operations as a designer or EPC contractor in regions of oil and gas, petrochemical, coal mining, fertiliser,  electricity, coal handling, steel, cement or any other process industry with at least full credit applicants with experience executing. The 2.1 billion (~ $ 28.2 million) has also been allowed to be implemented in the last ten years.

Average annual turnover requirements remained unchanged. Bidders would have earned at leas t ers 2.1 billion (~ $ 28.2 million) per year in the last three years.

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