BHEL Invites Bids for O&M Of 25 MW Floating Solar Project in Andhra Pradesh By Soumya Duggal/ Updated On Tue, Aug 10th, 2021 Highlights : The estimated cost of the project, which will run for 36 months, is Rs 390.95 lakhs. The deadline for bid submission is August 17, 2021, before 1 pm. The bid will open on the same day at 1:30 pm. Bharat Heavy Electricals Limited (BHEL) has issued a new tender, inviting bids for the operation and maintenance works of 25 MW floating solar PV power project at NTPC Simhadri, Andhra Pradesh, for a period of 36 months. The estimated cost of the project is Rs 390.95 lakhs and the deadline for bid submission is August 17, 2021, before 1 pm. The bid will open on the same day at 1:30 pm. In order to be eligible for bid submission, interested vendors must meet the following criteria: Average annual financial turnover during the last 3 years ending 31st March of the previous financial year, should be 30% of the NIT value. Bidder shall submit the audited balance sheets for past 3 years. In case, audited balance sheet is not available for current year, unaudited balance sheet is acceptable. Experience of having successfully completed similar works during last 7 years ending last day of previous month to the one in which applications are invited should be either of the following: 1. Three similar completed works, each costing not less than the amount equal to 40% of the estimated cost. (i.e. Rs. 156.38 lakhs plus GST); 2. Two similar completed works, each costing not less than the amount equal to 50% of the estimated cost. (i.e. Rs. 195.48 lakhs plus GST); 3. One similar completed work costing not less than the amount equal to 80% of the estimated cost. (i.e. be Rs. 312.76 lakhs plus GST) Any vendors, against whom, action due to non-performance has been initiated by BHEL are not eligible for participation. The tender envelope submitted by such a firms/bidder will not be opened for evaluation and no communication in this regard will be entertained. The document also informs that unless the bidder whose tender is accepted signs contract agreement within fifteen days (15 days) of the date of the order directing to do so, the amount of Earnest Money Deposit (EMD), which has been set at Rs. 5 lakhs, will be forfeited and acceptance of the tender will be withdrawn. The full tender can be accessed here. BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Also Read BHEL Seeks 500 MW Mono PERC Supplier For REWA Solar Park Bid Also Read Tags: Andhra Pradesh, Bharat Heavy Electricals Limited (BHEL), floating solar PV power project, NTPC Simhadri