India's NTPC seeking EPC contractors in 1-GW solar tender
Solar plant in India. Source: NTPC. License: All rights reserved.
Indian power group NTPC Ltd (BOM:532555) is seeking contractors for the installation of 1 GW of grid-connected solar photovoltaic (PV) parks under the government’s Central Public Sector Undertaking (CPSU) programme.
The tender for engineering procurement construction (EPC) contractors was issued on Tuesday and will be open by July 15, 2019. It concerns projects under Phase-II Tranche-I of the specific programme, which aims to facilitate the deployment of up to 12 GW of solar capacity between 2019 and 2023.
According to the tender requirements, a single bidder can bid for at least 50 MW and up to 300 MW of projects, which will be developed on a turnkey basis.
Winners will be in charge of the design, engineering, supply, installation and commissioning of the solar parks, as well as for their operations and maintenance for three years. The capacity will be installed only with locally sourced materials, the supply of which will also be within the scope of their work.
Interested parties need to provide certain bid security depending on the capacity they compete for.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.