NTPC Issues 923MW Solar Tender under Domestic Competitive Bidding

The last date and time for submitting bids including both Techno-Commercial Bids and Price Bids is January 03, 2020 at 2 p.m.

State-run power producer NTPC has invited bids for the development of up to 923 MW of capacity grid connected solar photovoltaic (PV) projects under CPSU Scheme Phase-II (Tranche-II).

As per the tender document details, the bids are invited under domestic content requirement (DCR) category, in which only domestically manufactured solar PV cells and modules can be used in the projects.

The project has an aggregate capacity of 923 MW, while the block capacity will be minimum 50 MW and its higher capacity will be in the multiples of 10 MW. However, the maximum capacity to single bidder will not be extended over 300 MW.

Further, the scope of work for solar plant up to ISTS sub-station includes design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading, storage, installation, testing and commissioning of the solar PV power plant.

The last date and time for submitting bids including both Techno-Commercial Bids and Price Bids is January 03, 2020 at 2 p.m.

However, the date and time of start of reverse auction will be intimated separately by NTPC. Also, there is no cost of bidding document.

For the 50 MW to 90 MW of capacity quoted by the bidder, bid security amount will be Rs 5 crore, whereas for the 100 MW to 190 MW of bidding capacity, the bidder needs to deposit Rs 10 crore as security amount.

On the other hand, if bidder wants to quote for the capacity between 200 MW and 300 MW, the security amount will be Rs 20 crore.

On the financial eligibility criterion, the average annual turnover of the bidder, should not be less than Rs 240 crore during the preceding 3 financial years as on date of techno-commercial bid opening.

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