NHPC Seeking EPC Firms for 100 MW Solar Plant in UMREPP in Koppal, Karnataka

Solar energy breakthrough could reduce need for solar farms

NHPC Ltd has issued a tender for awarding the EPC contract for the development of a 100 MW solar project in Koppal District of Karnataka.

NHPC Ltd has issued a tender for awarding the Engineering, Procurement and Construction (EPC) contract for the development of a 100 MW ISTS-connected ground-mounted solar PV project at the Ultra Mega Renewable Energy Power Park (UMREPP) in Koppal District of Karnataka.

The scope of work for the selected developers has been divided into three contracts. 

The first contract is for the supply of all plant and equipment and materials complete in all respect.

The second contract is for providing all services i.e. insurance, installation, testing and commissioning of the plant including evacuation arrangement, transmission line including all other civil works and land development including statutory approvals, permits, license, etc. complete in all respect. 

The third contract is for the comprehensive Operation and Maintenance (O&M) of the plant for a period of 10 years including 24 months defect liability period from the date of commissioning of the solar power project.

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The last date for bid submission is February 16, 2021, and the techno-commercial bids will be opened on February 23, 2021. The date and time of the price bid opening will be intimated later to the bidders whose techno-commercial bids will be found responsive. A pre-bid meeting has been scheduled for January 19, 2021, to address the concerns raised by the prospective bidders.

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To be eligible for participating in the bidding process, the Minimum Average Annual turnover of the bidder in the preceding three years shall be Rs 434 crore. And, the net worth of the bidder to be positive and not less than the amount of paid-up equity share capital in 3 out of the preceding 5 years.

Further, the firm should have a working capital (current assets minus current liabilities) of at least Rs 48.21 crore.

In September 2020, leading state-run utilities Power Finance Corporation (PFC), NTPC, and the NHPC signed agreements with the power ministry to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. 

NHPC signed an agreement with the Ministry of Power for raising the generation to 27,500 million units from 26,000 MUs last year. It also agreed to a revenue target of Rs 8900 crore, while operating profit as a percentage of the revenue has been kept as 38 percent. The target for Profit after tax is 10.50 percent.