Navigate DVC's Tender for Floating Solar PV

How to Navigate DVC’s Tender for Floating Solar PV

TENDERS

Project Overview

  • Tender No.: CVD9579P25
  • Authority: Oil India Limited (OIL)
  • Work Scope: Engineering, Procurement and Construction (EPC) of a 10 MWp grid-connected Solar PV Power Project across OIL’s operational locations.
  • Deliverables: Design, engineering, supply, erection, testing, commissioning, plus 10 years of operation & maintenance (O&M).
  • Timeline: 12 months for commissioning, followed by 10 years O&M support.
  • Contract Type: Lump-sum turnkey EPC with fixed price (no escalation).

Eligibility Criteria

Technical

  • Must have executed EPC of at least one 5 MWp or larger solar project in India within the last 7 years.
  • The project should be successfully operational for at least one year.

Financial

  • Minimum average annual turnover of ₹50 crore in the last three financial years.
  • Positive net worth required.
  • Minimum working capital of ₹10 crore (supported by CA or banker’s certificate).

Other Conditions

  • Consortium/Joint Venture not permitted – only single bidders allowed.
  • EPC contractor responsible for obtaining all statutory approvals (CEA, DISCOM, CEIG, etc.).

Bid & Security Details

  • Bid Security (EMD): ₹1 crore.
  • Performance Security: 10% of contract value (valid through O&M period).
  • Bid Validity: 120 days from bid closing date.

Bid Submission Timeline

  • Tender Start Date: 28 August 2025
  • Last Date of Submission: 30 September 2025 (11:00 hrs)
  • Technical Bid Opening: 30 September 2025 (14:00 hrs)
  • Mode: Online submission via OIL’s e-tendering portal

Key Conditions

  • Solar PV modules must be indigenously manufactured in line with Make in India policy.
  • Minimum Capacity Utilisation Factor (CUF) guarantee to be maintained; penalties apply in case of shortfall.
  • EPC contractor to ensure >95% plant availability during O&M.
  • Liquidated damages applicable for delays in commissioning.

Takeaway

Oil India Limited is seeking experienced EPC contractors to execute a 10 MWp solar power project on a turnkey basis. The tender requires bidders with proven track record in ≥5 MW solar EPC projects, strong financial credentials, and adherence to Make in India manufacturing norms.