HPCL Issues 300 MW EPC Tender For Solar Projects

HPCL Issues 300 MW EPC Tender For Solar Projects

Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids will be opened on the same day.

According to the tender document by HPCL, the projects will be implemented in Gujarat, Rajasthan, Maharashtra, Karnataka, Andhra Pradesh, Madhya Pradesh, and Tamil Nadu and will be commissioned within 15 months of receiving the work order.

The tender makes it mandatory for the bidders to submit an earnest money deposit of $105.5 million. Along with that, the bidders must also submit 5% of the operation and maintenance (O&M) contract value as a bank guarantee. Further, the scope of the work involves identifying and transferring land leases to HPRGEL, organising grid connectivity at the ISTS substation.

The eligibility criteria mentioned in the HPCL tender require the bidders to have carried out O&M for a solar project of a minimum of 25 MW at a single location project for at least one year from the commissioning date. The average annual turnover of the bidders should be at least $74.25 million during the last three financial years. The HPCL tender also mentioned that solar modules registered in the Approved List of Models and Manufacturers issued by the Ministry of New and Renewable Energy must be used in the projects.

Recently, Hindustan Petroleum Corporation (HPCL) released a Request for Proposal (RFP) through HPCL Renewables and Green Energy, seeking Engineering, Procurement, and Construction (EPC) services for a 78 MW wind-solar hybrid power project across India. The hybrid project is slated to provide uninterrupted power supply to the Mumbai refinery, ensuring at least 50% of the energy supplied, equivalent to 686 MU, is green. The refinery’s contracted load stands at 90 MW.