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CESL Floats Tender for 100MW of Solar Projects in Maharashtra

[Date: 27 Feb 2021 ] Country : India

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has floated a tender for setting up 100 MW of solar power projects in Maharashtra with individual systems ranging between 2 MW and 10 MW.

Bidders are not required to make an earnest money deposit for the tender. The last date for the submission of bids is March 17, 2021. The scope of work includes the design, engineering, supply, construction, erection, testing, and commissioning of the projects. Selected bidders are also expected to provide operations and maintenance services for the systems for 12 years. The projects must be completed within 180 days from the date the letter of award is issued.

To be eligible to participate in the competitive bidding process, applicants must be solar module manufacturers, solar inverter manufacturers, or solar project developers. They must have executed between 600 kW and 4.5 MW of similar solar power projects cumulatively in the last three years, depending on the district. Bidders must have an average turnover ranging between ?22 million (~$303,956) and ?164.7 million (~$2.3 million) based on their chosen district for project development. They must have a positive net worth and be profitable in the last financial year and one of the preceding two financial years.

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