NHDC Tenders for 25 MW Floating Solar Park in Madhya Pradesh

NHDC has issued a tender, for eligible firms to take up the EPC work for 25 MW floating solar power park at the Omkareshwar reservoir in Madhya Pradesh

NHDC Limited, a JV company of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender, inviting bids from eligible firms for taking up the Engineering, Procurement & Construction (EPC) work for 25 MW floating solar power park at the Omkareshwar reservoir in the Khandwa district of MP.

The park will consist of two floating solar power projects of 13 MW and 12 MW capacity. The scope of work for the selected bidders will include the design, EPC, and other related work for the commissioning of the project. The developers will also be required to provide comprehensive operation and maintenance services for the plants and the associated 33KV transmission line and switchyard at Sanavad for a period of five years from the date of successful commissioning.

The developers will have a period of 12 months to complete the work on the successful commissioning of the project after which the 5 year O&M period will begin.

The last date for bid submission is August 25, 2020, and the techno-commercial bids will be opened on the next date i.e. August 26, 2020. The date and time of opening of the price bids will be intimated to the technically cleared bidders later. The estimated cost of the project is Rs 123.32 crore and all bidders are required to submit an Earnest Money Deposit of Rs 1.85 crore along with their bids.

To be eligible, the bidder should have experience of having successfully completed a solar power project during the last seven years on EPC basis having capacities as below, as on the last date of the month prior to the bid submission date:

A Solar Power Project of at least 20 MW Capacity or

Two Solar Power projects of at least 12.5 MW Capacity each or

Three Solar Power projects of at least 10 MW Capacity each.

Furthermore, the bidder should have successful experience of Operation & Maintenance for a minimum of 10 MW solar power projects for at least one year during the preceding seven years.

Financially, the bidder must have a minimum average annual turnover of Rs 237 Crore in the three preceding financial years. And, the working capital (current assets minus current liabilities) shall be at least 2 times the monthly cash flow requirement i.e Rs 19.73 Crore.