TGRESDCO Invites Bids for 1,000 MW Grid-Connected Solar Projects
The Telangana Renewable Energy Development Corporation (TGREDCO) has announced an exciting opportunity for engineering, procurement, and construction (EPC) service providers. The organization is inviting bids from qualified contractors for the development of grid-connected solar projects in the state. The total capacity of these projects will be an impressive 1,000 MW.
Submission Deadline and Empanelment Period
Interested bidders should mark their calendars for the bid submission deadline of 10th December 2024. The bids will be opened on 16th December 2024. To participate in the bidding process, interested parties are required to pay a non-refundable bid document fee amounting to $350. The empanelment period will last for one year, enabling the selected companies to execute their roles effectively.
Scope of Work and Requirements
The scope of work for the selected bidders includes the designing, supplying, and installation of solar power plants. The plants should be equipped with high-efficiency solar modules, capable of achieving a minimum capacity utilization factor (CUF) of 19%. The bidders should also provide a Remote Monitoring System (RMS) to ensure efficient and effective management of the solar projects. Furthermore, they must offer a comprehensive warranty and guarantee for a period of five years from the commissioning date. An additional one-year comprehensive operation and maintenance commitment is also expected from the bidders.
To qualify for the bidding process, the interested firms must have at least one year of experience in installing grid-connected, ground-mounted solar projects. Additionally, the companies should have commissioned projects totaling at least 1 MW over the past three financial years, with sustainable evacuation capabilities rated at 33/11kV. Demonstrating a minimum annual financial turnover of ₹30 million (~$356,049) during any of the past three financial years is another requirement murmured by TGREDCO. Alternatively, bidders can be eligible by showing an equivalent work order value for the cumulative capacity being offered.
Additional Tenders Issued by the Northern Power Distribution Company of Telangana
In a related development, the Northern Power Distribution Company of Telangana has repooertedly released tenders for two ground-mounted solar projects. Located in the Karimnagar and Sircilla districts of the state, these projects boast an impressive capacity of 3 MW each. Bidders interested in these tenders should submit their proposals by the deadline of 12th December 2024.
The drive to increase renewable energy initiatives in Telangana is commendable, and the involvement of private companies through the bidding process is a positive step forward. The development of grid-connected solar projects with a capacity totalling 1,000 MW will significantly contribute to the region’s renewable energy goals. It will also create opportunities for vendors to showcase their expertise and establish a strong presence in the flourishing Indian solar market.
The solar industry has witnessed remarkable growth in recent years, and this opportunity further reflects the government’s commitment to sustain and amplify this trend. As the bids are evaluated and the winning contractors are announced, the promise of cleaner and greener energy for Telangana becomes more substantial. The selected companies will play a critical role in providing sustainable power solutions, improving the state’s energy security, and reducing its carbon footprint.
With the submission deadlines and empanelment period defined, interested organizations must now meticulously prepare their bids. The competition is expected to be fierce, with reputed contractors vying for these prestigious projects. The solar industry holds immense promise for innovation, job creation, and a cleaner environment, making the involvement of skilled and experienced EPC service providers paramount.
Telangana is positioning itself as a leading hub for renewable energy projects. Through these initiatives, the state is making significant strides towards a future powered by clean and sustainable sources. As the selected contractors bring these projects to life, Telangana will become a shining example to other regions not just in India but around the world.
