JREDA Issues 3 MW Grid-Connected Rooftop Solar Tender

Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for 3 MW grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government residential buildings anywhere in Jharkhand. 

The last date for submitting the online bid is November 21, 2022, till 05:00 pm. Bids will be opened on November 23, 2022, at 03:00 pm.

This JREDA 5 MW solar tender includes the scope of work in design & engineering, manufacture/procurement, supply, installation, testing, and commissioning including warrantee obligation with five (05) years of comprehensive operation and maintenance.

The estimated total cost of the tender is 24 crores. Each interested bidder will have to pay Rs. 10,000/- as a tender fee amount. Each interested bidder will have to be submitted Rs. 2.08 lakh as an Earnest Money Deposit (for the lot size of 100 kWp Grid Connected Solar Rooftop Power Plant. The bidders quoting for higher capacities are required to submit EMD in the same proportion.). 

The successful bidder shall submit a performance guarantee of 5% of the allotted work order value in the form of DD/Bank Guarantee/FDR/TDR valid for five years on or before the release of payment of the installation. Successful bidder also shall submit a security deposit of 10% of the allotted work order value in the form of DD/Bank Guarantee/TDR/FDR valid for one year on or before 15 days from issuing the work order. 

Average Annual financial turnover during the last 3 years, ending 31st March of the previous financial year, should be at least 30% of the estimated cost of Bidding Capacity derived from the last three financial years ending on 31.03.2021 based on audited annual accounts. 

The net worth of the bidder during the last Financial Year shall be positive, wherein the net worth shall be calculated as follows:

Net Worth = (Equity + Reserves) – (Revaluation reserves+ intangible assets + miscellaneous expenses to the extent not written off + carried forward losses)

Bidders can view/download this JREDA 3 MW grid-connected rooftop SPV power plant tender documents and technical specifications here.

Recently, JREDA invited bids for 5 MW grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government buildings anywhere in Jharkhand.