Oil India Tenders for 55 MW Wind and Solar Hybrid Project in Gujarat

Oil India Limited has issued a tender for the development of a hybrid project consisting of 41 MW wind project and a 14 MW solar project in Gujarat.

Oil India Limited (OIL) has issued a tender, inviting bids from eligible bidders for the development of a hybrid project consisting of 41 (±5 percent) MW capacity wind energy project and a 14 MW solar PV project at a suitable site in the state of Gujarat.

The scope of work for the selected bidders will include the engineering, procurement, design, supply, installation, commissioning and testing of the wind and solar energy projects. The project developers will also be required to provide comprehensive operation and maintenance services for the plant for a period of 25 years.

The developers will have a period of 18 months from the date of issue of the Letter of Award (LOA) to complete the work on the project. The power generated by the projects will be procured by Railways Energy Management Company Limited (REMCL).

The last date for bid submission is December 24, 2019, and the techno-commercial bids will be opened on the same date. All bidders will have to submit an Earnest Money Deposit of Rs 2.75 crore along with their bids.

To be eligible for participating in the bidding process, the bidder must be in the business of erection, installation, commissioning and O&M of wind and solar plants. And must have experience of having successfully executed one similar job of value not less than Rs 250.50 crore by the bidders in the last seven years.

Additionally, the bidder must be a manufacturer of wind energy equipment; the offered model of WEG shall be of 1500 KW rating or above and a manufacturer of SPV modules with minimum designing, manufacturing and testing capabilities required for setting up the 10 MW (AC) solar project.

Financially, the bidder must have an annual financial turnover during any of the preceding three financial years, not less than Rs 167 crore. Furthermore, the net worth of the bidder should be at least Rs 50.1 crore, and the bidding capacity of the contractor should be equal to or more than the Rs 334 crore.

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