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India: ACME Solar commissions 480MWh of BESS, readies for FDRE and peak supply deals

ACME Solar has commissioned just over 480MWh of battery storage in Rajasthan, India, following the recent signing of several storage-backed renewable energy deals. Β 

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SECI issue Tender for RfS for setting up of 5.6 MW Grid-Connected RTSPV Projects under RESCO Mode (RTSPV-Tranche-VIII) – EQ

Summary:

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### **1. Project Overview**
* **Objective:** Select SPDs to finance, design, install, own, operate, and maintain rooftop solar plants. The SPD will sell the generated solar power to the client organization under a long-term Power Purchase Agreement (PPA).
* **Total Capacity:** ~5,665 kW, split across 14 projects at different client sites (e.g., Sushma Swaraj Bhawan, MEA, DGCA, NIFTs, IISERs, etc.).
* **Business Model:** **RESCO Mode.** The SPD owns the asset and is responsible for all capital expenditure, O&M, and performance risk for 25 years.
* **PPA Term:** 25 years from the Commercial Operation Date (COD).

### **2. Key Bidding Information**
* **Bid System:** **Single-Stage, Two-Envelope** (Techno-Commercial Bid & Financial Bid). Bidding is conducted **online** via the ISN-ETS portal.
* **Bid Processing Fee:** **INR 6,000** (non-refundable, inclusive of GST).
* **Earnest Money Deposit (EMD):** **Required.** Amount varies per project (see table in Clause 15). Can be submitted as a **Bank Guarantee (BG), Payment on Order Instrument (POI)** from PFC/REC, or an **Insurance Surety Bond**.
* **Performance Bank Guarantee (PBG):** **Required upon selection.** Amount: **INR 3,375 per kW** of awarded capacity. Can also be submitted as BG, POI, or Surety Bond.
* **Service Charges (to SECI):** **INR 1,350 per kW** + GST, payable in two installments (50% after LoA, 50% before PPA signing).
* **Bid Validity:** 12 months from the bid submission deadline.

### **3. Bidder Eligibility Criteria**
* **Entity Type:** Company, LLP, Registered Partnership, or Proprietorship Firm under Indian law. **A foreign company cannot bid standalone or as a consortium member.**
* **Consortium:** Allowed. Must have a **Lead Member** with **not less than 51% shareholding** in the consortium. All members must have non-zero equity participation.
* **Technical Eligibility:**
* Must use commercially established technology.
* **Solar PV modules and cells must be sourced from manufacturers listed in the MNRE’s Approved List of Models and Manufacturers (ALMM)** lists valid on the date of invoicing.
* **Financial Eligibility (Must meet both):**
* **Net Worth:** Must be equal to or greater than the cumulative requirement for all projects bid for. Value is specified per project in Clause 32.1.
* **Liquidity/Working Capital:** Must be equal to or greater than the cumulative requirement for all projects bid for. Can be demonstrated through financial statements or a confirmed bank line of credit. Value is specified per project in Clause 32.2.
* **Documents:** Audited annual accounts for FY 2024-25 (or provisional accounts as of 7 days prior to bid deadline) with supporting CA certificates.

### **4. Bid Submission & Evaluation Process**
1. **Registration:** Bidders must register on the **ISN-ETS portal** (`https://www.bharat-electronictender.com`) and download the official RfS copy.
2. **Bid Submission (Two Envelopes):**
* **Envelope I (Techno-Commercial):** Contains all eligibility documents, formats, and declarations.
* **Envelope II (Financial):** Contains only the **quoted fixed tariff (INR/kWh)** for each project applied for.
3. **Evaluation:**
* **Step 1:** Only bids with complete documentation (incl. EMD & fee) are opened. SECI evaluates Techno-Commercial eligibility.
* **Step 2:** Financial Bids of only qualified bidders are opened.
4. **Selection & Award:**
* The bidder quoting the **lowest tariff (L1)** for a specific project is declared the **Successful Bidder** for that project.
* **Tie-Breaker (if same L1 tariff):** 1) Higher Net Worth; 2) Higher declared CUF; 3) Draw of lots.
* **No negotiations** on the quoted tariff are permitted.
* **Letter of Award (LoA)** is issued separately for each project.

### **5. Critical Project & Contractual Obligations**
* **Scope of Work:** SPD is solely responsible for design, engineering, supply, installation, grid connectivity approvals, net-metering, testing, commissioning, and 25-year comprehensive O&M.
* **Commissioning Timeline:**
* **Scheduled Commissioning Date (SCD):** 7 months from PPA Effective Date.
* **Maximum Delay with Penalty:** Up to 6 months from SCD (pro-rata PBG encashment).
* **Delay beyond Max Period:** PPA capacity gets reduced to only the commissioned capacity; balance stands terminated.
* **Performance (CUF):**
* Must declare a minimum annual CUF of **15%** at the time of bidding.
* Must maintain generation within **+10% / -15%** of declared CUF for the first 10 years, and **+10% / -20%** thereafter.
* **Penalty for shortfall:** 50% of PPA tariff for the shortfall energy.
* **Shareholding Lock-in:** The Successful Bidder (or consortium members combined) must maintain a **minimum 51% shareholding** in the Project Company/SPV until **1 year after COD**.
* **Jurisdiction:** Exclusive jurisdiction for all matters related to this RfS lies with the **courts at New Delhi, India**.

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For more information please see below link:

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SECI issue Tender for RoP for engagement of an Agency for establish PMU to support the National Mission on Cleantech Manufacturing – EQ

Summary:

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## **1. Overview**
This document is a **bid notice** published on the **Government e-Marketplace (GeM)** portal by the **Solar Energy Corporation of India Limited (SECI)**, under the **Ministry of New and Renewable Energy**. The tender is for the **hiring of consultants** on a **milestone/deliverable-based** contract for a period of **2 years**. The consultants are required in areas such as **Energy, Emerging Technology, Strategy, Program Management, Legal/Policy/Regulatory, Climate Change, and Disaster Management**, as per the detailed scope of work.

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## **2. Key Dates & Submission Details**
– **Bid End Date/Time**: 19-02-2026, 14:00:00
– **Bid Opening Date/Time**: 19-02-2026, 14:30:00
– **Bid Validity Period**: 180 days from the bid end date
– **Pre-Bid Meeting**: 28-01-2026, 15:00:00 (Venue as per NIT on SECI website)
– **Bid Type**: Two Packet Bid (Technical & Financial)
– **Submission Platform**: GeM Portal

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## **3. Eligibility Criteria**

### **A. Financial Criteria**
– **Minimum Average Annual Turnover** (last 3 financial years): **β‚Ή244 Lakhs** (2.44 Crores).
– **Supporting Documents**: Certified Audited Balance Sheets or CA/CMA certificate.
– **For newer entities**: Average turnover of completed financial years after incorporation shall be considered.

### **B. Experience Criteria**
– **Minimum Past Experience**: **3 years** in providing similar services to **Central/State Government/PSU**.
– **Supporting Documents**: Copies of relevant contracts/orders for each financial year.
– **No relaxation** for MSEs or Startups in experience or turnover criteria.

### **C. General Eligibility**
– Bidder must comply with **GeM General Terms & Conditions (GTC)**.
– **Bid splitting is not allowed**.
– **Integrity & Compliance**: Must adhere to labour laws, MSME policy, and Make in India requirements.

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## **4. Bid Security (EMD) & Performance Security**

### **A. EMD Details**
– **EMD Amount**: β‚Ή12,20,000
– **Advisory Bank**: YES Bank Limited
– **Exemption**:
– **MSEs** (manufacturers of goods / service providers for services) are **exempted** from EMD.
– **Traders are not eligible** for exemption.
– **EMD must be in favour of**:
**Solar Energy Corporation of India Limited, 6th Floor, Plate-B, NBCC Office Block Tower-2, East Kidwai Nagar, New Delhi-110023**.

### **B. Performance Security (ePBG)**
– **Amount**: 5% of contract value
– **Validity**: 27 months (including 90 days beyond contract period)
– **Advisory Bank**: YES Bank Limited

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## **5. Evaluation Method**
– **Method**: **Least Cost System (LCS)** – Total value-wise evaluation.
– **Technical Evaluation**:
– **Maximum Marks**: 100
– **Minimum Passing Marks**: 75
– Evaluation based on **attached tender document** (no separate seller document required).
– **Clarifications**: 2 days allowed for technical clarifications during evaluation.

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## **6. Price Preference & Policies**

### **A. MSE Purchase Preference**
– **Applicable**: Yes
– **Margin of Preference**: **L1 + 15%**
– **Condition**: If L1 is **not an MSE**, but an **MSE service provider** quotes within **L1 + 15%**, **100% order quantity** will be awarded to the MSE bidder **subject to acceptance of L1 price**.
– **Eligibility**: Only **service providers** are eligible for MSE preference in services.

### **B. Make in India (MII) Compliance**
– **Applicable**: Yes
– Bidders must comply with **DPIT’s Public Procurement (Preference to Make in India) Order**.
– **Class-I & Class-II suppliers** must meet local content requirements.

### **C. Land Border Country Restrictions**
– Bidders from countries sharing a land border with India must be **registered with the Competent Authority**.
– **False declaration or non-compliance** will lead to **immediate contract termination** and legal action.

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## **7. Contract Terms & Conditions**

### **A. General Option Clause**
– Buyer may **increase or decrease contract quantity/duration by up to 25%** at the time of contract issuance.
– After contract issuance, **only an increase of up to 25%** is permitted.
– Bidders are **bound to accept** revised quantity/duration.

### **B. Payment Terms**
– As per attached document: **Payment Terms.pdf**
– Likely milestone/deliverable-based payments.

### **C. Labour Law Compliance**
– Seller must comply with:
– **Four Labour Codes** (when notified and enforced)
– **Existing labour laws** until complete substitution
– Non-compliance constitutes a **breach of contract**.

### **D. Additional Terms & Conditions (ATC)**
– Buyer-specific ATCs are included post-approval.
– **Invalid ATCs include**:
– Mandating physical document submission
– Brand-specific requirements
– Experience from specific organizations only
– Clauses against MSME / Make in India policy
– Tender participation fees
– Reference to external sites/documents
– **Grievance Redressal**: Sellers may raise representations within **4 days** of bid publication via GeM dashboard.

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For more information please see below link:

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