The bidders must provide a solar variable frequency drive (SVFD) or solar pump inverter with the solar project
The Jammu and Kashmir Energy Development Agency (JAKEDA) has announced bids to execute grid-connected solar power projects with capacities ranging from 1 kW to 30 kW. This initiative aims to solarise around 4,000 existing agricultural pumps under Component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Program.
Selected vendors will be required to complete the projects within three months from the issuance of the work order and will also be responsible for maintaining the projects for five years. The estimated cost of the project is ₹140 crores. The deadline for bid submission is March 1, 2024, with the bid opening scheduled for March 4, 2024.
Bidders are required to provide an interest-free bid bond of ₹50 lakhs and, upon selection, a performance security deposit of 5% of the total value of the work order. Eligibility criteria for bidders include having prior experience in solarizing a minimum of 200 individual grid-connected agriculture pumps under PM-KUSUM Component-C or installing solar pumps under Component B for government organizations between April 1 and February 29, 2024.
The bidders must have a minimum average annual turnover of ₹20 crores over the last three financial years and a net worth of at least 100% of the paid-up share capital as of the last day of the preceding financial year.
The bid also specifies that bidders must provide a solar variable frequency drive (SVFD) or solar pump inverter with the solar project. The SVFD should be capable of converting direct current from solar panels into alternating current and adjusting output frequency in real time based on sunlight intensity to optimize power generation. It must also operate independently of grid power.
Only modules listed on the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers are allowed for use. These modules must have a minimum capacity of 500 W and come with a warranty for their output peak watt capacity, ensuring no more than 10% degradation after 10 years and 20% degradation after 25 years of operation.
