TCIL issue Tender for Selection of consortium partner for DSITC of 120 MWp Wobthang Solar PV Power Plant, Bhutan – EQ

Summary:

—

## **1. Project Overview**
TCIL invites Expressions of Interest (EOI) from eligible bidders to act as a **consortium partner** for the **design, supply, installation, testing, and commissioning** of a **120 MWp solar PV power plant in Wobthang, Bhutan**. The selected partner will work **exclusively with TCIL** on a back-to-back basis with the end-client.

**Key Dates:**
– **EOI Issue Date:** 16 January 2026
– **Bid Submission Deadline:** 30 January 2026, 12:00 hrs
– **Bid Opening (Technical):** 30 January 2026, 12:00 hrs
– **Financial Bid Opening:** To be notified

**Platform:** Online submission via **GePNIC portal** (etenders.gov.in).

—

## **2. Eligibility Criteria**
Bidders must meet the following conditions:

### **a) Legal & Financial Eligibility**
– Must be an **Indian-registered entity** (company, proprietorship, partnership, government society).
– **Average annual turnover (last 5 years):** ≥ USD 15.5 million.
– **Net worth:** Positive for the last 5 years.
– **Profit Before Tax (PBT):** Positive in 2 of the last 3 financial years (2022–25).
– **Financial capacity:** Must demonstrate available resources ≥ USD 3 million after current commitments.

### **b) Technical & Project Experience**
– Must have **satisfactorily completed** a **similar solar PV project** valued at ≥ **USD 49 million** within the last 5 years.
– **Minimum technical experience:**
– Design & engineering of ≥ 90 MWac PV plant.
– Installation & commissioning of ≥ 90 MWac each of:
– Ground-mounted PV panels
– On-grid inverters
– Mounting structures
– SCADA and grid connection systems in at least one substation project.

### **c) EHS (Environmental, Health & Safety) Requirements**
– Must have **in-house EHS policies**, including:
– Environmental Management Plan (EMP)
– Health & Safety management systems
– Waste management, site rehabilitation, infectious disease control plans
– Must employ a dedicated **EHS Specialist**.

### **d) Compliance & Documentation**
– Valid **PAN & GST registration**.
– **Manufacturer’s Authorization Certificate (MAF)** from OEMs.
– **No-Conviction Certificate** confirming no blacklisting/debarment.
– **Make in India undertaking** with local content calculation.
– **Integrity Pact** must be signed and submitted with the bid.

—

## **3. Consortium Bidding**
– **Allowed:** Yes, max **2 partners**.
– **Lead Partner:** Must be clearly identified and must meet ≥ **25% of average turnover requirement**.
– **Joint & Several Liability:** All partners are jointly responsible.
– **Consortium Agreement:** Must be submitted with bid, legally binding, and registered.

—

## **4. Bid Security & Fees**
– **EMD (Earnest Money Deposit):** **INR 1 Crore**
– Forms accepted: DD, FDR, Bank Guarantee, Insurance Surety Bond, electronic transfer.
– Validity: **180 days**.
– **Tender Fee:** **INR 11,800** (non-refundable).
– **Exemptions:** MSEs and Start-ups (subject to documentary proof).

—

## **5. Evaluation & Award**
– **Two-Part Bid:** Technical (Part-I) and Financial (Part-II).
– **Evaluation Basis:** Lowest bid (L1) excluding taxes.
– **NPV Evaluation:** Applicable if OPEX spans multiple years (discount rate 10%).
– **Purchase Preference:**
– **Make in India:** 20% margin for Class-I local suppliers.
– **MSE Preference:** Up to 25% procurement reserved, with sub-targets for SC/ST and women-owned MSEs.

—

## **6. Key Contractual Terms**

### **a) Payment Terms**
– **Back-to-back basis** with client payments.
– No payment until TCIL receives payment from end-client.
– Vendor must submit **undertaking accepting back-to-back payment terms**.

### **b) Performance Security**
– **10% of contract value** (format provided).
– Must be submitted within **15 days of LOI/PO**.
– Valid until contractual obligations are completed.

### **c) Liquidated Damages (LD)**
– **For supply delay:** 0.5% per week (up to 8 weeks), then 1% per week (next 8 weeks).
– **For installation/commissioning delay:** 0.5% per week (up to 8 weeks), then 1% per week (next 8 weeks).
– **Cap on LD:** Max 12% of contract value.

### **d) GST Compliance**
– Vendor must issue **valid GST invoices/debit/credit notes** timely.
– **Input Tax Credit (ITC) loss due to vendor default** will be recovered from vendor.
– GST payment linked to RA bill releases.

### **e) Dispute Resolution**
– **Conciliation & Settlement Mechanism (CSM)** is primary.
– **Arbitration:** Only if contract value ≤ INR 5 crore, via **India International Arbitration Centre (IIAC)**.
– **Jurisdiction:** Courts in New Delhi.

—

For more information please see below link: