NLC India Floats 500MW Solar Tender (ISTS-Connected) On Pan-India Basis By Saur News Bureau/ Updated On Wed, Jul 27th, 2022 Highlights : Neyveli Lignite Corporation Limited (NLC) India has invited bids for setting up of 500 MW ISTS connected Solar Power Project on PAN India basis. The last date for submitting the bid for this 100 MW solar power project is August 24, 2022, and bids will be opened on the same day. NLC Introduces Renewable Energy Subsidiary- NLC India Green Energy Limited Neyveli Lignite Corporation Limited (NLC) India has invited bids for the setting up of 500 MW ISTS connected Solar Power Project on pan-India basis. The last date for submitting the bid for this 500 MW solar power project is August 24, 2022, and bids will be opened on the same day. NLC India (Neyveli Lignite Corporation Limited) 500MW tender conditions for bidders include obtaining approval for connectivity and Long Term Access (LTA), purchase or lease of government or PSU land, design, engineering, site development, manufacture, inspection at supplier’s works, supply, insurance, transport, storage, erection, testing, and commissioning of the total awarded capacity of at least 100MW SPP to the respective Contractor, as well as associated evacuation system from the Power Export Sub Station up to the Delivery Point. NLC issues tender for 100 MW ISTS-connected solar projects Also Read The scope of work also covers free operation and maintenance (O&M) for the full SPP up to the extended bay at the delivery point during the duration of the warranty, which is 12 months from the date of COD (Commercial Operation Declaration), and paid O&M for the SPP for the next three years. The scope also covers running the PG Test for 90 days and running COD when the SPP has been fully operational. Eligibility Criteria Within the last seven years as on the originally scheduled date of tender opening, the bidder should have experience in Supply, Installation, and Commissioning of Grid connected Solar Power Project(s) with a cumulative installed capacity of 30 MWp or above. The Bidder should have Positive Net Worth as per the latest audited financial statement. For acquiring 100 MW capacity during the previous three (3) fiscal years in a row, the bidder’s average annual turnover shall not be less than Rs. 165 crores as of the originally scheduled date of the tender opening. NLC India, CIL Form JV to Co-Develop 5 GW Solar & Thermal Assets Also Read Bidders may be granted consideration for the allocation of more than 100 MW (AC) of capacity in multiples of 100 MW and up to 500 MW if they meet the standards for a proportionate increase in average annual turnover listed below: For 200MW: Rs. 329 Crores For 300MW: Rs. 493 Crores For 400MW: Rs. 657 Crores For 500MW: Rs. 821 Crores Interested bidders will have to submit Rs. 10,94,06,000/- as a bid guarantee for procure 100 MW of the tender capacity. Bidders can view/download this Neyveli Lignite Corporation Limited (NLC) India 500MW tender documents consisting of notice inviting tender, the invitation to bidders, scope of work, bidding documents, general terms, and conditions of contract, erection conditions of contract, annexures, and technical specification here. NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20 Also Read Tags: Clean Energy, green energy, India, Neyveli Lignite Corporation Limited, NLC India, Renewable Energy, Solar, Solar Energy, Solar Power, Solar Project, Solar Projects, Solar PV, tender