GESCL Invites Bids for 60 MW Solar Projects in Gujarat By Soumya Duggal/ Updated On Wed, Oct 27th, 2021 Highlights : The deadline for bid submission is November 30, 2021, at 4 pm, and the bids will be opened on December 6. Interested applicants are required to pay tender fees (non-refundable) of Rs 25,000 + GST as applicable. The estimated cost of the tender is Rs. 240 crores. The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is November 30, 2021, at 4 pm, and the bids will be opened on December 6. The pre-bid meeting is scheduled to be held on November 16. Interested applicants are required to pay tender fees (non-refundable) of Rs 25,000 + GST as applicable. The estimated cost of the tender is Rs. 240 crores and the value of Earnest Money Deposit (EMD) is Rs. 2,40,00,000. The technical, price, E-RA and PO will be placed for the entire 60 MW capacity, such that Sukhpar will account for 15 MW, Chadavada for 34 MW, and for Kakarva 11MW, states GESCL. At 2256MW, Gujarat adds Most Solar, Wind Capacity b/w July’20 & June’21 Also Read It is mandatory for all the bidders to submit their financial bid online only via e-tendering portal. The technical bid is to be submitted both in physical as well as soft copies. The bid will be valid for 120 days from the date of opening of the technical bid. In order to qualify for the tender, the cumulative turnover of the bidder in the last three financial years should be at least Rs. 1.68 billion, and the net worth of the bidder in the previous financial year should be positive. If the bidder is a 100% subsidiary company and does not satisfy the annual turnover criteria, its holding company must meet the stipulated turnover requirements. The solar modules to be used in the project should be from the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy. The modules must be of crystalline silicon technology with 72 cell configuration and a minimum of 300 Wp and above wattage. 65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Also Read Successful applicants are required to provide a performance bank guarantee equivalent to 10% of the contract value as well as the acceptance of the letter of intent within a week, states GESCL. Tags: Approved List of Models and Manufacturers (ALMM), Gujarat, Gujarat State Corporation Limited (GESCL), India, Ministry of New and Renewable energy, solar tender