Indian Oil Floats 2 MW of On-Grid Solar Power Tender at Delhi

Indian Oil has invited bids for a 2 MW of on-grid captive solar power project at Indian Oil’s Bottling Plant, Tikri Kalan, Delhi.

The last date for submitting the online bid is December 05, 2022, till 03:00 pm. Bids will be opened on December 06, 2022, at 03:00 pm.

This Indian Oil 2 MW solar tender includes the scope of work in design & engineering, manufacture/procurement, supply, installation, testing, and commissioning including warrantee obligation with two (02) years of comprehensive operation and maintenance. 

The total cost of the tender is Rs. 11,77,09,000/-. Bidders are to note that there shall be no requirement of paying EMD against this e-Tender. However, all bidders shall be required to mandatorily submit the Bid Security declaration instead of EMD as per Standard format. The minimum annual turnover during any of the preceding three financial years (i.e. for F.Y 2019-20, 2020-21, and 2021-22) should be at least Rs. 6,70,85,400/-.

The annual turnover of the tenderers during any of the preceding three financial years should be at least 60% of the annualized estimated value of work under consideration where the completed period is more than one year. In other cases where the completion period is less than a year, the annual turnover should be at least 60% of the estimated value of the work under consideration in any of the three preceding financial years.

While computing turnover requirement, estimated cost inclusive of GST value but exclusive of AMC value if any shall be considered. 3. Turnover for this purpose should be as per the audited balance sheet including the profit & loss statement/published account/profit & loss account statement of the tenderer. However, if the tenderer is not required to get its account audited under section 44AB of the Income Tax Act,1961, a certificate from a practicing Chartered Accountant towards the turnover of the tenderer along with copies of its Income Tax Return should be obtained.

Bidders can view/download this Indian Oil 2 MW of on-grid of solar tender with grid-connected rooftop SPV power plant documents and technical specifications here.

Recently, to build a 10 MW solar project in Odisha, the Indian Oil Corporation (IOCL) released a tender for the sale of 50 acres of land.