NHDC Tenders for 25 MW Floating Solar Plants in Madhya Pradesh

NHDC has tendered for the construction of two floating solar plants worth 25 MW at the Omkareshwar reservoir in the Khandwa, Madhya Pradesh.

NHDC Ltd, a JV of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender for the construction of two floating solar power plants of 13 MW and 12 MW capacity (combined 25 MW) at the Omkareshwar reservoir in the Khandwa district of Madhya Pradesh.

The scope of work for the selected developers will include the design, engineering, procurement and construction (EPC) contract for the 25 MW (13 MW+12 MW) capacity floating solar power project along with the comprehensive operation and maintenance (O&M) of the plants including 33 KV transmission line and switchyard at Sanavad for a period of five years. The overall duration of the contract is 6 years, the developers will have a period of 1 year for completion of work on the project. Followed by 5 years of O&M.

The last date for bid submission is February 18, 2021, and the techno-commercial bids will be opened on February 19, 2021. The date and time of opening of the price bids and the e-reverse auction will be intimated later to the bidders whose techno-commercial bids will be found responsive.

The estimated cost of the project is Rs 123.32 crore.

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

One 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. 

Further, the bidder should have successful experience of operation and maintenance for a minimum of 10 MW solar power projects for at least one year during the preceding seven years.

Financially, the minimum average annual turnover of the bidder should be Rs 237 crore in the last three preceding financial years. And, their net worth should be positive and not less than the amount of the paid-up equity share capital in 3 out of the preceding 5 years. The firms must also have a working capital of Rs 19.73 crore.