Energy Efficiency Services Initiates Tender for Supplying 2,000 MW of Solar Inverters Across India
Energy Efficiency Services (EESL), a prominent government organization, has recently opened tenders inviting bids for a yearly contract aimed at providing 2,000 MW of single-phase solar inverters all over India. With the last date for bid submissions set for August 5, 2024, potential suppliers have a limited time to participate in this significant opportunity.
Bid Requirements and Eligibility Criteria
To engage with this tender, interested entities are required to submit a bidding document fee of Rs 25,000. Furthermore, an earnest money deposit must be provided. The following sums are to be observed alongside each corresponding package:
– Package I: Rs 71 million
– Package II: Rs 73.6 million
– Package III: Rs 47.3 million
– Package IV: Rs 63.1 million
– Package V: Rs 42 million
Additionally, the winning bidder will need to provide a performance bank guarantee that equates to 10% of the total contractual price. While joint ventures and consortiums are not allowed, single entities are eligible to submit their bids. However, it is crucial to note that only Class-I local suppliers with at least 50% local content quota are allowed to participate.
Eligibility criteria have been established to ensure a favorable outcome for energy efficiency projects. They include the fulfillment of the following:
– Manufacturing experience: In the past three years, bidders must have produced and supplied the undermentioned quantities of solar inverters with capacities of 1 kW and above:
– Package I (North Region): 27,390 units
– Package II (West Region): 28,531 units
– Package III (South Region): 18,260 units
– Package IV (East Region): 23,966 units
– Package V (North East Region): 15,978 units
It is important to understand that if multiple packages are being bid for, the requirement for manufacturing experience will be a cumulative sum of the specified units for each package. For example, placing bids for both Packages I and II would necessitate a total manufacturing experience of 55,921 units (27,390 + 28,531).
– Financial requirements: Bidders must possess an average annual turnover of at least the following figures for the last three financial years:
– Package I (North Region): Rs 532.8 million
– Package II (West Region): Rs 552 million
– Package III (South Region): Rs 354.5 million
– Package IV (East Region): Rs 473 million
– Package V (North East Region): Rs 315.3 million
Similar to the manufacturing experience requirement, if an entity wishes to bid for multiple packages, the turnover requirement will be the cumulative sum for all quoted packages.
– Liquid assets or credit facilities: Bidders must have liquid assets or access to credit facilities meeting the monetary values denoted below based on each respective package:
– Package I (North Region): Rs 444 million
– Package II (West Region): Rs 460 million
– Package III (South Region): Rs 295.4 million
– Package IV (East Region): Rs 394.1 million
– Package V (North East Region): Rs 262.8 million
It is important to understand that the cumulative sum of liquid assets for all packages quoted by an entity is essential if bidding for multiple packages.
– Net worth: The bidders are required to have a net worth that amounts to at least 100% of their paid-up share capital or capital based on the financial data from the immediate preceding financial year.
This tender comes after previous endeavors from EESL, where the organization invited bids to supply 28.72 MW of polycrystalline solar modules (each with a capacity of 330 Wp and above) for solar power projects in Maharashtra. In September 2022, a tender was also issued for contractors to supply a sizeable 24 MW of solar polycrystalline modules required for EESL’s decentralized grid-connected solar project in Maharashtra.
With these tenders and initiatives, EESL displays a steadfast commitment towards achieving energy efficiency and promoting the use of renewable energy sources. The supply of solar inverters, along with other related components, will help fulfill the growing demand and contribute to the clean energy transition in India.
