Tender for 1.29 MW Rooftop Solar projects issued by TSCL in Karnataka
Karnataka’s Tumakuru Smart City Limited has issued tender for the development of 1.2 MW of Rooftop Solar Projects in the state. The company has invited the qualified firms to submit their bids latest by 18 August 2020.
Tumakuru Smart City Limited of Karnataka (TSCL) has issued a Request for Proposal (RfS) to solar developers for the installation of 1.29 MW solar rooftop systems on city government buildings.
Recently, Karnataka’s Shivamogga Smart City has re-issued a Tender for 25 MW of canal-top solar project development.
Submission Deadline & EMD:
The deadline for submission of applications is August 18, 2020. An amount of INR 6 lakh will be required on the part of interested bidders as the earnest money deposit (EMD).
Scope of Work
Under the work scope, the selected bidders will be required to undertake financing, manufacturing, supplying, testing, installing, and commissioning of solar rooftop projects. In addition, 25 years of operations and maintenance service must also be provided by the selected bidder.
While the projects need to be set up by the selected bidder on a basis of discount over retail tariffs.
Eligibility Criteria:
The selected bidders must have designed, supplied and commissioned at least 1 MW of grid connection projects for solar energy in total – over the last three years in order to be eligible to enter into a competitive bidding process.
Out of this, at least 500 kW should be a grid-connected solar rooftop project. In addition, every rooftop project should have been operational for 12 years before the date of the bid and should be of at least 20 kW.
Financial Eligibility Criteria:
The applicants are expected to be profitable for the last three years, with a net worth of INR 2.0 crore. Along with the applications, the applicants are also required to submit the annual audited reports for the past three years.
In addition, within 45 days of the signing of the power purchase agreement, the select bidders must achieve financial closure.
For More Tender Details visit the TSCL website
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