Solar Energy Corporation of India Limited (SECI) has invited bids to set up a 100 MW (AC) floating solar project in the Indian State of Jharkhand. The plant shall be located at Getalsud Dam in the Ranchi district.
The successful bidder’s workscope includes design, engineering, supply, construction, erection, testing and commissioning, and ten years of operations and maintenance of the solar plant.
SECI has applied for financing from the World Bank toward the cost of the Project of Innovation in Solar Power and Hybrid Technologies and intends to apply part of the proceeds toward payments under the floating solar project contract.
The contractor shall commence work on the facilities within 20 days from the signing of the agreement. The completion period for the whole of the plant facilities is 18 months till commissioning from the effective date.
Bidders are required to take note of the Ministry of New & Renewable Energy’s notification on the imposition of a 40% basic customs duty (BCD) on solar PV modules and 25% on cells with effect from April 1, 2022, and bid accordingly, as the imposition of BCD as per this mentioned trajectory will not be considered under Change in Law.
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