NVVN welcomes bids for 1,562 kW Telangana rooftop solar projects

The timeline requires the completion of the projects within three months of the issuance of the work order. Additionally, the selected contractor will be responsible for the operation and maintenance tasks for a period of ten years.

The deadline for bid submissions is June 27, 2024, with bid opening scheduled for the following day. Each bid must be accompanied by a bid security deposit of Rs 1 million.

Upon selection, the winning bidder must provide a performance bank guarantee equivalent to 10% of the contract value within twenty-eight days of notification.

Eligible bidders are required to demonstrate an average annual turnover of at least Rs 69.2 million over the past three fiscal years. Furthermore, their net worth as of the preceding financial year's conclusion must be no less than 100% of their paid-up share capital.

The designated modules for use are 540 WP modules listed in the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers, boasting 20% efficiency and backed by a five-year warranty. These modules must maintain a minimum output capacity of 90% after ten years and 80% after 25 years.

Previously, NVVN had issued bids for EPC vendors to establish rooftop and ground-mounted solar systems with a combined capacity of 20 MW. Additionally, bids were invited for the installation of 1.3 MW of rooftop solar systems across various locations, including Indian Institute of Management Lucknow and the National Institute of Defence Estates Management in Delhi. (Source: Mercom)