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The Ministry of Science and Technology's Central Electronics Limited (CEL) has issued an invitation for expression of interest (EoI) to empanel engineering, procurement, and construction (EPC) companies to develop 200 MW of solar projects anywhere in India. Ground-mounted solar power generating plants ranging from 2 MW to 10 MW with a total capacity of 200 MW are planned by the public sector company across India.
Bids must be submitted by September 10, 2021, and they will be opened on that day. For empanelment with CEL, the winning bidder must submit a security deposit of $300,000 ($4,044). After 15 months, the security deposit will be refunded in full and will not be altered in any way.
The bidder must have crafted, delivered, assembled, and inaugurated a total capacity of 5 MW of grid-connected solar power projects for any government entity or public sector undertaking, as well as any company listed on the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) in the previous five years. In order to participate in the bidding procedure, the bidder must have installed one project of 1 MW at a single location in the last five years. For the previous three years, the applicant must have been registered with the Digital India Corporation (DIC), Ministry of Corporate Affairs (MCA), or National Small Industries Corporation (NSIC) in India.
A model plant for a renewable energy service company (RESCO) could also be considered for the tender. The power purchase agreement signed with the state authority or the central government electricity board, as well as a certificate issued by the assigned agency declaring that the plant is functional as of the date of the application or the most recent invoice, must be forwarded with the application or the most recent receipt. This EoI does not enable consortiums to participate. Joint ventures (JVs), group firms, and subsidiaries, on the other hand, are permitted to participate.
In the previous three financial years, the bidder's average turnover should be at least $200 million ($2.69 million) (FY). Any nationalized or controlled commercial bank must provide a viability certificate in the amount of $50 million ($674,070) to the bidder. Any government entity, organization, public sector undertaking, or autonomous entity must not have the bidder banned or barred.