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India Procurement News Notice - 68502


Procurement News Notice

PNN 68502
Work Detail Coal India Limited (CIL) has issued a tender document for the design, engineering, procurement, supply, construction, erection, testing, and commissioning of a grid-connected 23 MW (AC) solar power plant. This project, located at Majri Area in the Western Coalfields Limited (WCL) region of Nagpur, Maharashtra, also includes ten years of comprehensive operation and maintenance (O&M). The scope of work for this project encompasses all aspects of setting up the solar power plant. This includes civil, structural, and electrical works, along with all necessary accessories and facilities required to make the plant fully operational. The project also involves ensuring power evacuation and obtaining all necessary connectivity approvals. A critical aspect of the project is its requirement for a minimum 40% DC overload capacity. The tender specifies that the project must be completed within 30 days from the issuance of the letter of acceptance and submission of performance security, or seven days after the site is handed over for the first activity as per the PERT network chart, whichever is later. The Earnest Money Deposit (EMD) for this tender is set at ?50,00,000 (Fifty Lakh Rupees). Key dates for the tender process are as follows: the bid opening date is July 4, 2024, the document sale end date is July 3, 2024, and the bid submission end date is also July 3, 2024. The total contract period is 3922 days, which includes 270 days for the construction, testing, and commissioning of the plant, and 3652 days for its comprehensive operation and maintenance. Prospective tenderers must meet specific eligibility criteria to qualify for this project. They must have experience in completing similar works within the last seven years, ending on the last day of the month preceding the publication date of the tender. The criteria for experience are detailed such as Three similar completed works, each costing not less than 20% of the estimated project cost. Two similar completed works, each costing not less than 25% of the estimated project cost. One similar completed work costs not less than 40% of the estimated project cost. In addition to experience, bidders must demonstrate financial capability. They must have an average annual financial turnover of at least 30% of the estimated project cost over the last three years, ending March 31, 2024. This financial turnover must be certified by a practicing Chartered Accountant with a membership number from the Institute of Chartered Accountants of India, and the certificate must include a Unique Document Identification Number (UDIN). For foreign partners, the financial turnover certificate must be based on the International Financial Reporting Standards (IFRS) accounting standard. This certificate must be certified by a local practicing public accountant or audit firm and vetted or endorsed by the relevant embassy or high commission to ensure the authenticity of the document.This project represents a significant opportunity for developers in the solar power sector, with a comprehensive scope that includes not only the construction and commissioning of the solar power plant but also its long-term maintenance. The detailed requirements and stringent eligibility criteria underscore CIL’s commitment to ensuring that only qualified and financially stable companies undertake this important project, which aims to enhance the renewable energy capacity in the region. Bidders are encouraged to review all tender details carefully and ensure they meet all the specified criteria before submitting their bids by the deadline.
Country India , Southern Asia
Industry Energy & Power
Entry Date 04 Jun 2024
Source https://solarquarter.com/2024/06/03/coal-india-limited-cil-issues-tender-for-23-mw-solar-power-plant-in-maharashtra/

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