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Notification of Intention to Award : Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project – EQ

Notification of Intention to Award : Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project – EQ

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Employer: Solar Energy Corporation of India Limited (SECI), New Delhi, India

Project: Innovation in Solar Power and Hybrid Technologies Project

RfB title: Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 05 years plant O&M at Getalsud Dam, Ranchi, Jharkhand, India.

Following is the outcome of the tendering process for the subject tender:

Most Advantageous Lowest L1 Successful bidder: M/s Larsen and Toubro Limited

Summation of EPC Price, including all taxes & duties, and absolute O&M Price including GST for 05 years: INR 6,06,14,09,306.83. This is the final contract price on which the Contract Agreement will be awarded.

The above-mentioned Contract Price is having a Deemed Export Benefit component {BCD component on Modules and Inverters amounting to INR 81,20,20,455.99 (excluding GST on BCD value) or INR 92,40,79,278.92 (including GST on BCD value)}, which will be exempted in line with the declaration as submitted by M/s Larsen and Toubro under the Deemed Export benefit & against the Project Authority Certificate provided by SECI.

Contract price without Taxes and duties:

EPC Price including all taxes & duties: INR 590,37,95,078.63

Absolute O&M Price including GST for 05 years: INR 15,76,14,228.20

Total Contract Price including taxes & Duties: INR 606,14,09,306.83

Deemed Export benefit included in above Taxes & Duties: INR 92,40,79,278.92

Anand Gupta Editor - EQ Int'l Media Network