OIL Initiates Bidding for Green Hydrogen Project in Himachal Pradesh

Oil India Limited (OIL) plans to establish a one MW green hydrogen project in Himachal Pradesh, featuring a 17 Kg/hr generation capacity. The project is slated to become operational within eighteen months from the issuance of the bid letter.

The deadline for submitting bids is January 15, 2024. Bids will be opened on the same day. Prospective participants are required to deposit ₹13.5 million, and successful bidders must furnish ten percent of the contract value as performance security.

Eligible bidders must either be manufacturers or channel partners of manufacturers specializing in water electrolyzer technologies, such as anion exchange membrane, proton exchange membrane, alkaline membrane solid electrolyzer, or solid oxide electrolyzer.

Bidders can also qualify if they have supplied at least one unit of electrolyzer based on water electrolysis technology in India within the last ten years, with a minimum operational period of three months before the bid closing date.

Bidders are required to have a joint undertaking deed with an Indian or foreign manufacturer or channel partner meeting the specified technical criteria for electrolyzer supply. This deed must remain valid for a minimum of five years from the original bid closing date. As reported by Construction World, to meet the eligibility criteria, bidders must be incorporated in India and ensure a local content of equal to or greater than 20% for the services offered.

Also Read |   UK and Korea Collaborate for Clean Energy