The Oil and Natural Gas Corporation Limited (ONGC), has
issued a tender for the establishment of a 1000 MW wind-solar hybrid power
project. The project to be developed on a lumpsum turnkey (LSTK) basis, and
will include comprehensive operation and maintenance (O&M) services for a
period of ten years.
The project comprises two equal parts: 500 MW of solar
power and 500 MW of wind power, which can be located anywhere in India.
The deadline for bid submissions is October 23, 2024, at
15:00 hours.
The tender process will follow a two-bid system,
consisting of an un-priced techno-commercial bid and a priced bid. Interested
bidders must provide a bid security of Rs. 80 million (Rupees Eighty million Only)
and will also be required to furnish a security deposit cum performance bank
guarantee, as well as an O&M performance guarantee.
To download the latest issue 'Volume 31 Issue 11 - September 10, 2024', click here |