NLCIL Begins Bidding for Solar Module Procurement

representational image

NLC India (NLCIL) has launched a bidding process to acquire 70.5 MW of solar modules for a project located in the Mine-II region of Neyveli, Tamil Nadu. The project encompasses various tasks, including module production, delivery, packaging, forwarding, and transportation to the designated site.

The solar photovoltaic modules must meet the specifications required for a 1,500V system voltage and include transit insurance. The deadline for bid submissions is September 29, 2023, with the bid opening scheduled for the same day. Interested bidders are obligated to provide an earnest money deposit (EMD) of ₹1,06,00,000 and a non-refundable tender document fee of ₹20,000.

In the event of a successful bid, the winning bidder must provide a performance bank guarantee (PBG) equal to 10% of the order’s value. The modules supplied will be under warranty for one year from the receipt of the final supply. NLC retains the authority to request an additional 10% of solar photovoltaic modules for each secured project capacity, in accordance with the terms of the main contract.

Also Read |   Commission Launches First European Hydrogen Bank Auction for Renewable Hydrogen Production

As reported by SOLARQUARTER, eligible bidders must have a track record of supplying solar photovoltaic modules or cells with a total capacity of 10 MW or more, including at least one order for a capacity of 5 MW or higher. Bidders must demonstrate a positive net worth based on their most recent audited financial statements. The cumulative capacity should consist of supply orders for a minimum of 1 MW capacity or more, applied separately to both modules and cells.