Introduction
The North Gujarat Energy Limited (NGEL) has issued an EPC package tender for a 100 MW ground‑mounted solar PV project in Jhansi, Uttar Pradesh. This tender is a critical opportunity for EPC contractors, module suppliers, and financial partners to participate in India’s fast‑growing renewable energy sector. The notice outlines capacity, bid security, submission timelines, and eligibility criteria, helping bidders understand what is required to compete successfully.
What Does the Data Reveal About This Topic?
The raw data shows that NGEL is seeking comprehensive EPC services, from design and engineering to commissioning and operation, with a strict bid security of INR 5 crore and a submission deadline of 14:00 IST on 8 June 2026. It also highlights financial eligibility – an average turnover of INR 200 crore over the past three years and a net‑worth of at least 100 % of paid‑up share capital. These requirements indicate that NGEL is targeting financially robust firms capable of delivering large‑scale solar infrastructure.
Eligibility and Financial Requirements for Bidders
Eligibility is anchored on two pillars: technical capability and financial strength. Technically, bidders must demonstrate experience with grid‑connected solar projects, such as a 10 MWp plant operational for six months or a 200 crore EPC contract that includes a 33 kV substation. Financially, the average annual turnover must be at least INR 200 crore, and net worth must equal 100 % of paid‑up share capital, either individually or through a consortium of holding or subsidiary companies. Unconditional, irrevocable financial backing from a parent company, supported by a board resolution, is also permissible.
Impact on Sectors and Industries
This tender will influence several sectors. The solar manufacturing industry will benefit from module supply contracts, while civil engineering firms will gain from civil works and substation construction. Financial institutions will see increased demand for project financing and liquidity support. Policymakers can view the tender as a benchmark for future renewable procurement, reinforcing India’s commitment to achieving its 450 GW renewable target by 2030. Investors will monitor the tender for signals about market confidence and the viability of large‑scale solar projects in North India.
Key Takeaways
- NGEL’s 100 MW solar EPC tender closes on 8 June 2026 at 14:00 IST.
- Bid security is fixed at INR 5 crore; non‑compliant bids will be rejected.
- Eligibility requires INR 200 crore average turnover and net‑worth equal to paid‑up share capital.
- Technical experience must include at least one 10 MWp operational plant or a 200 crore EPC contract with a 33 kV substation.
- Financial backing can be provided through an unconditional, irrevocable guarantee from a holding company.
- The project will boost solar manufacturing, civil construction, and renewable financing in the region.
FAQs
What is the total capacity of the Jhansi solar project?
The project is a 100 MW ground‑mounted solar photovoltaic installation.
When must bids be submitted?
Bids must be submitted online by 14:00 IST on 8 June 2026.
What is the required bid security?
Each bidder must provide a bid security of INR 5 crore in the form of an unconditional, irrevocable bank guarantee.
What financial documents are needed for eligibility?
Bidders need to show an average turnover of INR 200 crore for the last three years, net‑worth equal to paid‑up share capital, and, if applicable, a parent company’s guarantee with a board resolution.
Can a consortium of companies submit a joint bid?
Yes, a group, holding, or subsidiary companies may qualify together, provided they submit joint completion certificates and meet the combined financial thresholds.