NHDC Seeking EPC Contractors for 25 MW Floating Solar Projects

NHDC has tendered for the design, engineering, procurement and construction of 25 MW floating solar projects at the Omkareshwar reservoir in Madhya Pradesh

NHDC Ltd, a joint venture between state-owned NHPC Ltd. and the government of Madhya Pradesh has issued a tender for the design, engineering, procurement and construction (EPC) of 25 MW floating solar power projects at the Omkareshwar reservoir in Madhya Pradesh.

The scope of work will include the design, supply and EPC services for the floating solar projects that will be developed as two projects of 13 MW and 12 MW capacity. The selected bidders will be required to provide comprehensive operation and maintenance of the planets for a period of five years from the date of successful commissioning.

The last date for bid submission is September 10, 2019, and the techno-commercial bids will be opened on September 11, 2019. The date & time of the price bid opening will be intimated later to the bidders whose techno-commercial Bids will be found responsive. All bidders must submit an Earnest Money Deposit of Rs 1.5 crore as a bid security amount along with their bids.

A pre-bid meeting has been scheduled for August 6, 2019, to address the concerns raised by the prospective bidders. The selected developers will have a period of 12 months from the date of issue of the notification of the award to complete the work on the project.

To be eligible, the bidder should have experience of having successfully completed a solar power project during the last seven years on EPC basis, as a contractor, having capacities as below, as on the last date of the month prior to the bid submission date:  A project of at least 20 MW capacity, or two projects of at least 12.5 MW capacity each, or three projects of at least 10 MW capacity each.

The bidder should have successful experience of O&M for a 10 MW solar planter at least one year during the preceding 7 years.

The annual turnover of the bidder should be a minimum of Rs 259 crore in any one of the last 3 financial years. And, the working capital (current assets minus current liabilities) shall be at least 2 times the monthly cash flow requirement i.e Rs 21.57 crore.

Recently, Bharat Heavy Electricals Limited (BHEL) won an order for setting up a 25 MW floating solar plant on EPC basis at Simhadri in Andhra Pradesh from NTPC Ltd.