NTPC Seeking EPC Contractors for up to 1070 MW Solar Projects in Rajasthan By Ayush Verma/ Updated On Tue, Aug 18th, 2020 NTPC has tendered for the EPC work along with land for the development of up to 1070 MW of solar PV power projects own Rajasthan. NTPC Ltd has issued a tender, inviting bids from eligible firms for taking up the Engineering, Procurement and Construction (EPC) work along with land for the development of up to 1070 MW of solar PV power projects in Rajasthan. The scope of work for the selected bidders will include the design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading, storage, installation and commissioning of grid-connected solar PV projects located anywhere in Rajasthan on a turnkey basis. The scope of work for the solar plant up to the interconnecting substation will include the complete transfer of ownership/ lease of encumbrance free land in favour of NTPC. 4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh Also Read The developers will also be required to provide comprehensive operation & maintenance of the complete solar PV plant including switchyard and power evacuation system till STU substation along with consumables and spare parts for a period of three years from the date of successful completion of a trial run. The individual projects awarded under the tender will be of a minimum of 50 MW or higher capacity in multiples on 10 MW. The last date for bid submission is September 17, 2020, and the techno-commercial bids will be opened on the same date. The date and time of opening of the price bids and the start of the reverse auction will be intimated separately by NTPC to the technically cleared bidders. NTPC to Acquire 1 GW Solar Projects, Planning to Invest Rs 5K Cr Also Read A pre-bid meeting has been scheduled for September 3, 2020, to address the concerns raised by the prospective bidders. The bid security amount to be submitted by the successful bidders will vary on the project size ranging from Rs 2 crore to Rs 50 crore. To be eligible for participating in the bidding process, the bidder should have designed, supplied, erected/ supervised erection and commissioned/ supervised commissioning of solar power plant(s) of cumulative installed capacity of 40 MWp or higher, out of which at least one plant should have been of 10 MWp or higher capacity. The reference plant of 10 MWp or higher capacity must have been in successful operation for at least six (6) months prior to the date of techno-commercial bid opening. Financially, the average annual turnover of the bidder, should not be less than Rs 210 crore during the preceding three financial years as on date of techno-commercial bid opening. And the Net Worth of the bidder as on the last day of the preceding financial year should not be less than 100 percent of bidder’s paid-up share capital. For more information click here. Tags: 1070 MW, India, NTPC, NTPC 1070 MW Solar Rajasthan, Projects, Rajasthan, Solar, tender