REC Invites Bids to Empanel EPC+O&M Contractors for Solar Projects By Soumya Duggal/ Updated On Wed, Nov 3rd, 2021 Highlights : The last date of bid submission is November 15, 2021, at 11 am. The bids will open on the same day one hour later, i.e. at noon. The submission and opening of bids will be through e-tendering process only. The REC Power Development & Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd, has invited Expression of Interest (EoI) for the empanelment of EPC-cum-O&M contractors for the development and O&M of solar PV power projects under 5 categories: Category A: Rooftop solar PV projects up to 500 kW Category B: Solar PV projects size above 500 kW Category C: Ground-mounted solar PV project up to 5 MW Category D: Solar PV project size above 5 MW Category E: Solar street light supply, installation of solar street light The last date of bid submission is November 15, 2021, at 11 am. The bids will open on the same day one hour later, i.e. at noon. The submission and opening of bids will be through e-tendering process only. Empanelment will be initially for a period of two years which may be renewed further for a period of one year or as per the sole discretion of RECPDCL. The scope of work will include but not limited to design, engineering, testing, supply, packing and forwarding, transportation, unloading, storage, installation and commissioning of grid connected floating and/or ground mounted solar PV projects (to be awarded to multiple/single bidders/applicants) on turnkey basis, as well as comprehensive operation & maintenance of the project for a period of 5 years from the date of successful commissioning. In order to be successful, applicants should meet specific qualification criteria set by RECPDCL. Bidders who achieve minimum 70 marks based on the technical evaluation given below will be eligible for empanelment: REC Raises 5 Year Loan Of $75 million From SMBC Also Read Reliance Acquires REC Group in $771 Million Buy Out Also Read At present no Earnest Money Deposit (EMD) is to be submitted. However, EMD will be payable to RECPDCL at the time of inviting financial bids from Empanelled agencies (EMD being refundable) issued in favour of “REC Power Development and Consultancy Limited” and payable at New Delhi. The Applicant should not be declared ineligible by Asian Development Bank, World Bank and Exim Bank. Also, Applicant should not have excluded by an act of compliance with a UN Security Council resolution. The applicant has to provide an undertaking regarding fulfillment of this requirement. Agencies, who get empanelled, have to submit a security deposit of Rs 1 lakh (for Category A, B & E), Rs 2 lakhs (for Category C & D) in the form of bank guarantee within 30 days of empanelment. Agencies, who are MSME/NSIC registered, are exempted in submission of this security deposit up to their monetary limit. This security deposit is non interest bearing. Tags: EOI, REC Ltd, RECPDCL, solar PV power projects, solar street light