Project News Detail

Project No :195516
Project Title :Installation Of 300 ABT Meters For Remote Monitoring Of Decentralized Solar Power Projects iI Maharashtra.
Company Name : Energy Efficiency Service Limited
Project Detail :Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids for the supply and installation of 300 availability-based tariff (ABT) meters for remote monitoring of decentralized solar power projects at various locations in Maharashtra

The scope of work includes the design, engineering, manufacture, assembly, inspection, testing, and commissioning of ABT meters with terminal modems, establish automatic meter reading data, and create IT-based solutions for remote monitoring of decentralized solar power projects of capacity ranging from 0.3 MW to 10 MW. The successful bidder will also have to take care of maintenance activities for five years

The availability-based tariff is a pricing mechanism for unscheduled electric power transactions. The ABT falls under electricity market mechanisms to charge and regulate the power to achieve short-term and long-term network stability

The last date to submit the bids online is June 24, 2021, and the bids will be opened on the same day. The pre-bid meeting will take place on June 15, 2021

The successful bidder will have to furnish 10% of the contract value as the performance security deposit within 28 days of receiving the award letter

The bidding document further mentions that the project should be completed within five months from the date of issuance of the letter of award

To participate in the bidding process, the interested bidder should be a manufacturer of ABT meters or a system integrator for providing control, monitoring, and reporting system, or a system integrator of ABT meters with terminal modems to create IT-based solutions for decentralized solar projects

The bidder should have completed one similar work order of ?23 million (~$315,410), or two work orders of ?14.4 million (~$197,474) each, or three work orders of ?11.5 million (~$157,705) each

The bidder’s average annual turnover should be at least ?7.1 million (~$97,365) for the last three financial years, and the bidder should be profitable in the last financial year. The net worth of the bidder should not be less than 100% of the paid-up share capital

The bidding document further mentions that the bidders should not have been blacklisted by central or state agencies

As per the tender documents, micro and small enterprises (MSEs) would benefit from the program. Out of the 25% purchase preference for MSEs, 3% will be reserved for women-owned MSEs, while 4% has been earmarked for Scheduled Caste and Scheduled Tribes-owned MSE firms

In a bid, if the price quoted by participating MSEs fall within the lowest plus 15%, such MSEs will also be allowed to supply 25% of the tendered quantity by bringing down their prices to the lowest. In the case of more than one such MSE (L1+15%), the supply will be shared proportionately, subject to the condition that the MSEs match the lowest price

In case of any delay in the execution of the order beyond the stipulated time, CESL reserves the right to recover from the bidder a sum equivalent to 0.5% of the value of the delayed equipment installation for each week of delay subject to a maximum of 5% of the total value of the contract

Project Location : Not Classified - Maharashtra - India
Project Industry :Non Conventional Energy
Project Estimation :Refer Document
Status :Announced