Mahanadi Coalfields, a subsidiary of Coal India Limited, has invited bids for the engineering, procurement, and construction (EPC) of a 50 MW grid-connected solar power project with evacuation infrastructure in Odisha. The scope of work includes acquisition and handover of land, design, engineering, supply, procurement, construction, testing, installation, and commissioning of the project. The project will produce energy for captive consumption by Mahanadi Coalfields. The total estimated cost is $37.58 million.
For eligibility in the bidding process, the bidder is required to submit the certificate of possessing adequate working capital of at least 20% of the estimated cost of the project, i.e., $7.53 million. This may include the line of credit and availability of other financial resources to meet the requirements of the project. A bidder from a country that shares a land border with India is also eligible if it is registered with the competent authority. On winning the bid, the bidder will have to furnish 5 per cent of the contract amount as performance security within 21 days of the issuance of the letter of award. The successful bidder will also be responsible for the maintenance of the project for five years. The last date to submit the bid is September 1, 2021.
In December 2020, Mahanadi Coalfields had issued a tender to develop 1.21 MW of solar rooftop systems at its buildings in various locations in Odisha. Developers were responsible for the design,engineering, manufacture, supply, civil work, erection testing, commissioning, and ensuring connectivity permissions were acquired as per state policy.