JREDA Issues 5 MW Grid-Connected Rooftop Solar Tender

Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for 5 MW grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government buildings anywhere in Jharkhand. 

The last date for submitting the online bid is October 10, 2022, till 05:00 pm. Bids will be opened on October 12, 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 40 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 selected bidder will be required to submit 10% of the EPC contract price within 15 days of the Letter of Intent validity period of 24 months from the date of the LoI’s issuance. 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. 

Based on audited annual accounts, the average annual financial turnover of the bidder over the previous three financial years ending on March 31 of the preceding fiscal year must equal at least 30% of the estimated cost of bidder capacity derived from the prior three financial years ending on March 31, 2021. 

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 5 MW tender documents and technical specifications here.

Recently, Jharkhand Renewable Energy Development Agency (JREDA)  invited bids for a 2 MW grid-connected canal-top solar power plant using PV technology at Sikdiri Canal, Ranchi in the State of Jharkhand.