NTPC-REL Seeks Bids For Power Cables At 1200 MW Project In Khavda

Highlights :

  • The last date for receipt of queries from prospective bidders is 23rd April 2024

  • The last date and time for receipt of bids comprising both techno-commercial bid and price bid is 9th May 2024 15:00 Hrs.

NTPC-REL Seeks Bids For Power Cables At 1200 MW Project In Khavda NTPC-REL Floats 1 GW Tender For Land, Power Evacuation In MP

NTPC Renewable Energy Limited (NTPC REL) invited online bids from eligible bidders for high tech (HT) power cable supply package of 1200 MW, on a north block of Khavda Renewable Energy (RE) Park.

NTPC REL invited bids for envelope-I: techno-commercial bid and envelope-II: price bid.

The document shared by NTPC-REL mentioned, “The scope of the package included design, manufacturing, testing, packing, supply including freight and insurance of 33 kV grade power cable (19/33 KV (E) grade, stranded compact circular aluminum conductor, 90% armor coverage for a total length 700 km.”

The tender gave a cable description according to which it’s expected to have 19/33 kV 1C×300 sq. mm FRLS cable with 90% armor coverage.

The invitation for bids started on 12th April 2024.

The period of downloading of bidding documents is from 12th April 2024 to 22nd April.

The last date for receipt of queries from prospective bidders is 23rd April.

The last date and time for receipt of bids comprising both techno-commercial bids and price bids is 9th May.

The date and time of opening of a techno-commercial bid is 9th May.

The cost of bidding documents is Rs. 11,250.

All bids are expected to be accompanied by bid security for an amount of Rs 50,00,000 as stipulated in the bidding documents. any bid not accompanied by an acceptable bid security in a separate sealed envelope will be rejected by the employer as being nonresponsive and returned to the bidder without being opened. in case the bid security is submitted through electronic fund transfer (eft), the bidder is to submit the proof of e-payment of bid security either in a separate sealed envelope or in the e-tendering portal.”

The qualification for bidders included having manufactured and supplied the following cables, as of the date of bid opening; (i) At least 400 km of XLPE Insulated power cable of 19/33 kV or higher voltage grade, executed in one or more orders. (ii) At least ten (10) km of flame-retardant low smoke cable of any voltage level.’

The financial criteria for the bidder included an average annual turnover of the Bidder, which should not be less than INR 46 Crores for any three financial years out of the preceding five financial years as of the date of the techno-commercial bid opening. In case a bidder does not satisfy the annual turnover criteria, stipulated above on its own. Its holding company would be required to meet the stipulated turnover requirements as above.

Provided that the Net Worth of such holding company as on the last day of the preceding financial year is at least equal to or more than the paid-up share capital of the Holding Company. In such an event, the Bidder would be required to furnish along with its techno commercial bid, a letter of undertaking from the holding company, supported by the holding company’s board resolution, as per the format enclosed in the bid documents, pledging unconditional and irrevocable financial support for the execution of the contract by the bidder, in case of award.

Other criteria included having the net worth of the bidder as of the last day of the preceding financial year to not be less than 100% of Bidder’s paid-up share capital. However individually, their net worth should not be less than 75% (seventy-five percent) of their respective paid-up share capitals.

For more details refer to the bid document – https://ntpctender.ntpc.co.in/NITDetails/NITs/26989 

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