KREDL Floats Tender for 2 MW Solar Plant with 4.5 MW Storage System

Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) for the supply of a 2 MW (AC) Solar PV Power Plant (2.2 MWp DC) with 4.5 MWh Battery Energy Storage System having 12 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka.

The last date for submitting the online bid is January 11, 2023, till 04:30 pm. Bids will be opened on January 12, 2023, at 04:30 pm.

Scope of Supply & Work includes all design & engineering, procurement & supply of equipment and materials, testing at manufacturers’ works, multi–level inspections, packing and forwarding, loading, supply, receipt, unloading, and storage at site, associated civil works, services, permits, licenses, installation and incidentals, insurance at all stages, erection, testing and commissioning of a total of 2MW (AC) Grid Interactive Solar PV Power Plant with (2.2MWp DC) along with 4.5 MWh Battery Energy Storage System (BESS) excluding all variants of lead-acid batteries, and performance demonstration with associated equipment and materials on turnkey basis at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka along with 12 (Twelve) years comprehensive operation and maintenance from the date of Operational Acceptance.

The estimated total cost of the tender is Rs. 48,00,00,000/-. Each interested bidder will have to pay Rs. 30,000/- as a tender / Request for Proposal document fee, which is non-refundable. Also awarded bidder will have to submit Rs. 49 Laks/- as a bid security amount.  

The Bidder should have manufactured or supplied batteries for battery energy storage system(s) of cumulative installed capacity of 5MWh with a dispatchable capacity of 4.5MWh or higher out of which at least one battery energy storage system should be of 3MWh capacity or higher. The reference battery energy storage system of 3MWh or higher capacity must have been in successful operation for at least 12 months before the date of the techno-commercial bid submission.

The average annual turnover of the Bidder, should not be less than “Rs. 96 Crores ”during any two (2) FYs out of the preceding five (5) FYs viz. from FY 2017-18 until FY 2021-22.

The Net Worth of the Bidder as of the last day of the preceding financial year FY 2021-22 should not be less than one hundred percent of the Bidder’s paid-up share capital, subject to a minimum of Rs 14 Crores per annum.

Bidders can view/download this Karnataka Renewable Energy Development Limited (KREDL) solar tender documents and technical specifications here.