BHEL issues tender for 5 MW solar project in Haridwar, seeks experienced bidders 

BHEL invites bids for a 5 MW solar project in Haridwar, requiring a 25-year PPA, with a ₹30 lakhs deposit and a performance bank guarantee of ₹1.285 crores; project commissioning within six months is mandatory. Bidders need a track record of 2.5 MW solar projects, a net worth exceeding ₹5.14 crores, and proof of financial capability through turnover or a credit line. Excess power sales go to BHEL, which can encash the PBG for delays in commissioning. Bid submission deadline is February 6, 2024.