JREDA invites bids for 1.39 MW solar systems maintenance
01 Jun 2023
2 Min Read
CW Team
The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation
for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39
MW, over a period of five years.
The scope of work encompasses the replacement of power conditioning units, modules,
batteries, and other components installed in various villages within Jharkhand's Chatra
district.
Interested parties must submit their bids no later than June 14, 2023, with the bid opening
scheduled for June 16.
The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder
will be required to provide a security deposit equivalent to 10% of the allocated work order
cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit
a 1% security deposit.
In addition to the security deposit, the successful bidder must also furnish a performance
bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other
hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work
order.
To be eligible for consideration, bidders must have completed three similar projects, each
amounting to at least 40% of the total project cost, or two similar projects, each amounting to
at least 50% of the total project cost, or one similar project amounting to no less than 80% of
the estimated project cost, for any government organization or public sector undertaking
within the past seven years.
For MSMEs, the bidder must have completed a similar project valued at no less than 10% of
the estimated cost within the past seven years.
Furthermore, the bidder's average annual financial turnover over the past three years should
be at least 30% of the estimated cost of the bid quantity.
The Jharkhand Renewable Energy Development Agency (JREDA) has issued an invitation
for bids to comprehensively operate and maintain 68 mini/micro solar systems, totaling 1.39
MW, over a period of five years.
The scope of work encompasses the replacement of power conditioning units, modules,
batteries, and other components installed in various villages within Jharkhand's Chatra
district.
Interested parties must submit their bids no later than June 14, 2023, with the bid opening
scheduled for June 16.
The estimated cost of the project is Rs 148.56 million ($1.79 million). The successful bidder
will be required to provide a security deposit equivalent to 10% of the allocated work order
cost. However, Micro, Small, and Medium Enterprises (MSMEs) are only obligated to submit
a 1% security deposit.
In addition to the security deposit, the successful bidder must also furnish a performance
bank guarantee amounting to 5% of the allocated work order cost. MSMEs, on the other
hand, need to provide a performance bank guarantee equivalent to 0.5% of the allotted work
order.
To be eligible for consideration, bidders must have completed three similar projects, each
amounting to at least 40% of the total project cost, or two similar projects, each amounting to
at least 50% of the total project cost, or one similar project amounting to no less than 80% of
the estimated project cost, for any government organization or public sector undertaking
within the past seven years.
For MSMEs, the bidder must have completed a similar project valued at no less than 10% of
the estimated cost within the past seven years.
Furthermore, the bidder's average annual financial turnover over the past three years should
be at least 30% of the estimated cost of the bid quantity.
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