PEDA floats bids for 7 MW of solar projects

Punjab Energy Development Agency (PEDA) has issued a request for proposals to commission 7 MW of grid-connected rooftop and ground-mounted solar installations for government buildings throughout Punjab, including Chandigarh. According to the tender guidelines, the bidders must submit Rs 1 million as an earnest money deposit. The successful bidder must submit Rs1 million as a performance security within 21 days after receiving the award letter. The winning bidder must also present a performance bank guarantee equal to 10 per cent of the total contract value within 21 days of the work order’s issuance.

In addition, the developer must provide operation and maintenance services for a period of five years. Bidders must have completed solar projects with a total capacity of 1.5 MW over the last five years. For the next five years, the developer must meet a minimum annual capacity utilisation factor of 15 per cent. The tender requires the use of solar modules with a minimum capacity of 250 Wp from the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers list.The deadline for proposal submissions is May 31, 2023.

In March 2023, PEDA issued a request for proposals to commission 8.7 MW of solar projects at the state’s 970 rural piped water supply systems. The projects must be completed within 150 days of the work order being issued. The winning bidder must oversee the project’s operation and maintenance for five years