📌 Scope of Work
Damodar Valley Corporation (DVC) has invited bids for the design, supply, installation, and commissioning of a floating solar system at its Mejia Thermal Power Station (MTPS).
The package includes:
- Manufacture, supply, delivery, and installation of all materials.
- Design, engineering, civil works, erection, testing, and commissioning of floating solar arrangements.
- Supply of mandatory spares as part of the contract.
✅ Eligibility Criteria
- Bidders must meet DVC/MES norms covering prior project experience, financial capacity, and statutory registrations.
- Participation is restricted to Indian firms/contractors only; foreign bidders are not eligible.
💰 Contract Value & Security
- Security Deposit-cum-Performance Guarantee: 5% of the total contract value.
- Earnest Money Deposit (EMD): As notified in the tender documents.
⏳ Completion Timeline & Penalties
- Completion Period: 210 days (about 7 months) from the issuance of LOA/Work Order.
- Penalty for Delay: 1% of contract value per week, capped at 10%.
🧾 Taxes & Duties
- Quoted prices must include all applicable taxes, levies, duties, and GST.
- GST reimbursement will be made based on actuals as per GSTR-2B records.
🔑 Key Takeaway
This tender highlights DVC’s continued push into floating solar power as part of its renewable energy portfolio. With a strict 7-month execution timeline and mandatory spares provision, the project emphasizes timely delivery, compliance, and financial discipline.