IOCL Issues Expression of Interest for Solar Projects

Indian Oil Corporation Limited (IOCL) has released expression of interest (EOI) to enlist contractors for solar projects at its various sites and retail outlets. The project entails the complete process from design and engineering to testing, supply, packaging, transportation, unloading, storage, installation, and commissioning of a solar system through a lump sum turnkey arrangement.

This offers a comprehensive solution for the solar project along with extensive operation and maintenance (O&M) services. Initially, the O&M of the project will cover a two-year period, with the possibility of extension for up to three years, contingent upon meeting performance expectations. The deadline for bid submission is May 8, 2024.

IOCL aims to utilize rooftops and available land at various locations throughout India for installing solar photovoltaic projects, with the objective of maximizing the generation and utilization of renewable energy. Vendor selection will be conducted under two categories: one encompassing both critical and non-critical tasks, and the other specifically for non-critical tasks.

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Vendors failing to meet the standard qualifying criteria for annual turnover and previous experience will be categorized based on criticality. Moreover, this categorization will be further divided into two groups: category I, distinguished by geographic regions (north, south, east, and west), covering capacities ranging from 1 to 50 kWp, and category II, covering capacities above 50 to 500 kWp nationwide.

As reported by RenewableWatch, to qualify, applicants must have completed a certain cumulative capacity of solar projects installed and commissioned in India during the preceding three years, ending on the last day of the month just prior to the month in which the bid submission deadline falls. The minimum cumulative capacity requirements for the respective categories, critical and non-critical tasks, both I and II, are 150 kW and 1,500 kW, respectively.