Oil And Natural Gas Corporation Limited Tender

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Oil And Natural Gas Corporation Limited - ONGC Tender

Works
Energy, Oil and Gas
Solar Installation and Products
Electrical and Electronics
Eprocure
Opening Date25 Feb 2025
Closing Date18 Mar 2025
Tender AmountRefer Documents 

AI Insights

Technical
Financial
Work Experience Requirements
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The eligibility requirements mentioned in the tender include: 1. Experience Criteria: The bidder should have experience in executing similar projects, with a minimum Net Electrical Energy Generation Guarantee (NEEGG) of 2.01 MW for a period of 7 years. The bidder should have experience in the hydrocarbon sector and in work similar to the nature of work required under this bid. 2. Past Performance: The bidder should have a satisfactory performance record, with documentary evidence to support the satisfactory execution of each contract. The bidder should have a good track record of completing similar projects. The values mentioned for eligibility requirements include: 1. Minimum Net Electrical Energy Generation Guarantee (NEEGG): 2.01 MW for a period of 7 years. 2. Stake of partner in Joint Venture Company: at least 26%. 3. Minimum certified module efficiency: more than 19% for both Half cut mono-perc and Half cut poly-perc crystalline PV cells. 4. Temperature co-efficient: not more than a certain percentage per degree Celsius (exact value not specified). 5. Performance Warranty: >90% during the first 10 years, and >80% during the next 15 years. 6. Module mismatch losses: less than 1%. 7. Rated Power: ≥570Wp (with a maximum tolerance of +3% and no negative tolerance). Technical certifications required by the bidder to participate in this tender include: 1. IEC 61215 2nd Edition (Design qualification and type approval for Crystalline Si modules) 2. IEC 61730 (PV module safety qualification testing @ 1500 V DC or higher) 3. NABCB accredited bodies as per requirement of ISO/IEC 17020 as Type A 4. Verification of qualification documents by any of the empanelled TPI agency 5. Confirmation of using new and unused material/equipment for the project 6. Documentary evidence to support the satisfactory execution of each contract, such as: * Satisfactory completion/performance report * Proof of release of Performance Security after completion of the contract * Proof of settlement/release of final payment against the contract 7. Undertakings from Original Equipment Manufacturer(s)
Class Of Bidder
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Class-I local supplier and Class-II local supplier.
Bid Capacity
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The bid capacity required in the given tender includes the following parameters with their respective values and formulas: 1. Turnover: The average turnover from operation of the bidder for the previous two financial years, calculated as (Turnover from operation of previous two years) / 2. The value is Rs. 7,61,35,910.68/-. 2. Net-worth: Positive, calculated as Share capital + Reserves created out of profits and securities premium account (excluding revaluation reserves) – deferred expenditure – Miscellaneous Expenditure to the extent not written off and carried forward Loss – Reserves created out of write back of depreciation and amalgamation. 3. Working Capital: Rs. 2,28,40,773.20/-, calculated as Current Assets minus Current liabilities. 4. Debt equity ratio: Less than 2:1, calculated as long term borrowings/ Net-worth. Formulas: * Working Capital = Current Assets - Current liabilities * Debt Equity Ratio = Long term borrowings / Net-worth * Turnover = (Turnover of previous two years) / 2 * Net Worth = Share capital + Reserves + Securities premium account - Deferred expenditure - Miscellaneous Expenditure - Carried forward Loss + Reserves created out of write back of depreciation and amalgamation. Additionally, the O&M charges for the first year should be a minimum of 15 lakh with a mandatory annual increment of at least 3% in the O&M charges for subsequent years, calculated as O&M Charges (Year n) = O&M Charges (Year n-1) x (1 + 0.03).

Costs

  • EMD

    INR 27,50,000 (USD 31,801)

Description

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