Bharat Heavy Electricals Limited (BHEL) has announced a new opportunity in the renewable energy sector. The company has invited bids for the supply and commissioning of grid-connected power conditioning units (PCUs) for a 300 MW capacity floating solar power project in Rengali, Odisha. This move marks BHEL’s foray into the floating and ground-mounted solar power plant business within the CPSU/government Utility segment.
Tender Details and Highlights
Interested parties have until March 16, 2024, to submit their bids for the project. The bids will be opened on the same day. The estimated value of the tender is around Rs 400 million. Notably, there is no requirement for any tender fee or earnest money deposit to participate in the bidding process. Bidders will be given 252 days to complete the work, offering a reasonable time frame for the successful execution of the project. To ensure that bidders are well-informed, they are encouraged to visit the project site. This will provide them with a comprehensive understanding of the existing conditions on-site and in the vicinity of the plant premises.
Emphasizing Compliance and Adherence to Regulations
BHEL has stressed the importance of familiarizing oneself with all legal and regulatory requirements imposed by various authorities. It is mandatory for bidders to comply with these conditions when preparing their bids for the floating solar power project. By setting these guidelines, BHEL aims to uphold transparency and ensure fair competition among bidders. Adhering to legal and regulatory requirements guarantees that the project will be executed with utmost adherence to quality and environmental standards.
Expanding BHEL’s Renewable Portfolio
BHEL boasts an impressive track record in the renewable energy sector, with over 1,200 MW in commissioned projects. This new solar power project in Odisha reflects the company’s ambition to broaden its portfolio and seize opportunities in the floating and ground-mounted solar power plant market. The shift toward a cleaner and more sustainable energy mix is a noteworthy trend in India’s energy landscape. BHEL’s entry into the floating solar power market demonstrates its strategic vision and commitment to contribute to the country’s renewable energy targets.
Conclusion
BHEL’s invitation for bids for the supply and commissioning of power conditioning units (PCUs) for a 300 MW floating solar power project in Odisha presents a promising opportunity for interested parties. With a firm footing in the renewable energy sector, BHEL is well-positioned to explore new ventures and contribute to India’s sustainable future. As the deadline for bid submissions approaches, potential bidders are encouraged to thoroughly review the tender details, understand the project site conditions, and ensure compliance with all legal and regulatory requirements. BHEL’s foray into the floating solar power market is a testament to the company’s adaptability and innovative approach in the renewable sector.
