Coal India Limited Tenders for 50/75 MW Grid Connected Solar Plant

Indian government-owned coal mining corporation, Coal India Ltd. has floated a tender through its subsidiary, Mahanadi Coalfields Ltd. for a grid-connected solar power plant of capacity 50/75 MW including evacuation infrastructure anywhere in Odisha.

The solar power plant will be established through an EPC contractor including identification of 200 acres of actual land in Odisha and the plant will be established under DBDT (Design-Build Demonstrate and Transfer) model.

The scope of work includes Acquisition and Handover of Land, Design, Engineering, Supply, and Procurement, Construction, Erection, Testing, Commissioning and Operation and Maintenance of the solar power plant including Evacuation Infrastructure in Odisha.

The time for completion of the project is given for 10 months along with a five years operation and management period starting from the date of commencement of the project. The cost for the work of the project is estimated at around Rs. 279 Crores.

The last date to submit the bids online is 1st September 2021, while a pre-bid meeting has been scheduled for 20th August, and bid opening will fall on 2nd September 2021.

There is no EMD/Bid security need to be submitted for this tender. However, the bidder will have to submit a “Bid Security Declaration”, accepting that if they withdraw or modify their bids, or if they fail to sign the contract or to submit performance security before the deadline, they will be banned for two years from being eligible to submit bids in CIL and its subsidiaries.

To find themselves eligible to bid, interested bidders must submit the Certificate of possessing adequate Working Capital (at least 20% of the “Annualized value or Estimated value whichever is less” of this work, i.e. amounting to INR 55.90 Crores, issued by a Practicing Chartered Accountant. The bidder should possess the Working Capital issued within three months before the date of opening of tender.

ln case, access to lines of credit constitutes the availability of Working Capital, Banker’s Certificate shall also be submitted regarding availability of access to credit to meet the above eligibility criteria. Also, the bidder must have GST Registration as per GST Act and Rules.

The Bidder, whose Bid has been accepted, will be notified of the award of the contract prior to the expiration of the Bid validity period. On issuance of Letter for Acceptance (LOA)/Work Order of the tender issued by the Company, Performance Security Deposit (PSD) must be submitted by the contractor within 21 days of issuance of LOA, failing which the award of work shall be canceled.