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


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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 MNREβs 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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## **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**
β **Bid End Date/Time**: 19-02-2026, 14:00:00
β **Bid Opening Date/Time**: 19-02-2026, 14:30:00
β **Bid Validity Period**: 180 days from the bid end date
β **Pre-Bid Meeting**: 28-01-2026, 15:00:00 (Venue as per NIT on SECI website)
β **Bid Type**: Two Packet Bid (Technical & Financial)
β **Submission Platform**: GeM Portal
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## **3. Eligibility Criteria**
### **A. Financial Criteria**
β **Minimum Average Annual Turnover** (last 3 financial years): **βΉ244 Lakhs** (2.44 Crores).
β **Supporting Documents**: Certified Audited Balance Sheets or CA/CMA certificate.
β **For newer entities**: Average turnover of completed financial years after incorporation shall be considered.
### **B. Experience Criteria**
β **Minimum Past Experience**: **3 years** in providing similar services to **Central/State Government/PSU**.
β **Supporting Documents**: Copies of relevant contracts/orders for each financial year.
β **No relaxation** for MSEs or Startups in experience or turnover criteria.
### **C. General Eligibility**
β Bidder must comply with **GeM General Terms & Conditions (GTC)**.
β **Bid splitting is not allowed**.
β **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**
β **EMD Amount**: βΉ12,20,000
β **Advisory Bank**: YES Bank Limited
β **Exemption**:
β **MSEs** (manufacturers of goods / service providers for services) are **exempted** from EMD.
β **Traders are not eligible** for exemption.
β **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)**
β **Amount**: 5% of contract value
β **Validity**: 27 months (including 90 days beyond contract period)
β **Advisory Bank**: YES Bank Limited
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## **5. Evaluation Method**
β **Method**: **Least Cost System (LCS)** β Total value-wise evaluation.
β **Technical Evaluation**:
β **Maximum Marks**: 100
β **Minimum Passing Marks**: 75
β Evaluation based on **attached tender document** (no separate seller document required).
β **Clarifications**: 2 days allowed for technical clarifications during evaluation.
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## **6. Price Preference & Policies**
### **A. MSE Purchase Preference**
β **Applicable**: Yes
β **Margin of Preference**: **L1 + 15%**
β **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**.
β **Eligibility**: Only **service providers** are eligible for MSE preference in services.
### **B. Make in India (MII) Compliance**
β **Applicable**: Yes
β Bidders must comply with **DPITβs Public Procurement (Preference to Make in India) Order**.
β **Class-I & Class-II suppliers** must meet local content requirements.
### **C. Land Border Country Restrictions**
β Bidders from countries sharing a land border with India must be **registered with the Competent Authority**.
β **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**
β Buyer may **increase or decrease contract quantity/duration by up to 25%** at the time of contract issuance.
β After contract issuance, **only an increase of up to 25%** is permitted.
β Bidders are **bound to accept** revised quantity/duration.
### **B. Payment Terms**
β As per attached document: **Payment Terms.pdf**
β Likely milestone/deliverable-based payments.
### **C. Labour Law Compliance**
β Seller must comply with:
β **Four Labour Codes** (when notified and enforced)
β **Existing labour laws** until complete substitution
β Non-compliance constitutes a **breach of contract**.
### **D. Additional Terms & Conditions (ATC)**
β Buyer-specific ATCs are included post-approval.
β **Invalid ATCs include**:
β Mandating physical document submission
β Brand-specific requirements
β Experience from specific organizations only
β Clauses against MSME / Make in India policy
β Tender participation fees
β Reference to external sites/documents
β **Grievance Redressal**: Sellers may raise representations within **4 days** of bid publication via GeM dashboard.
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