Punjab Genco floats a tender for 16 MW solar capacity

Punjab Genco, a wholly-owned company of Punjab Energy Development Agency (PEDA), has floated a 16 MW tender for the design, manufacture, supply, testing, and commissioning of solar power projects in the Bhatinda district of Punjab.  The successful bidder will also be responsible for operations and maintenance activities for a period of 5 years. The bid submission deadline is January 28, 2022.

As per the tender guidelines, to be eligible for the bidding process, the bidders must furnish Rs 16 million as an earnest money deposit. The bidder must be a manufacturer or system integrator who has designed, manufactured, tested, supplied, erected, and commissioned one single project of 16 MW or two 8 MW projects, or four projects of 4 MW capacity each. The bidder must provide a performance bank guarantee in the amount of 10 per cent of the contract value within 15 days of obtaining the work order. The projects must be commissioned within ten months from the signing of the contract by the bidder.

In December 2021, PEDA floated a tender for 18 MW of grid-connected solar power projects at four locations of the Bhakra Beas Management Board on the build, own, and operate basis. According to the terms and conditions of the power purchase agreement, the winning bidder will be responsible for supplying power to the BBMB. The solar projects must be completed in 13 months from the date of the PPA’s signing. As per the tender guidelines, the winning bidder must build a solar installation on BBMB’s property. The developer will be required to sign a 27-year lease deal with the BBMB, which includes a 25-year lease, a 13-month installation period, and six months of land vacation.

 

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