Terra Clean Floats Land, Evacuation, BoP Tender for 275 MW Wind Project

Bidders must also have experience obtaining technical feasibility approval for power evacuation through state/central transmission utility substation.

They must have executed at least one electrical substation of a minimum 220 kV voltage level, consisting of equipment with at least 220 kV circuit breakers and power transformers, either as developers or as engineering, procurement, and construction (EPC) contractors.

The non-renewable sector substations must have been operational for at least a year and renewable energy sector substations for at least six months.

Bidders must have also completed one of the following works in  the last seven years:

• Successfully executed BoP works for either grid-connected wind power projects/wind parks, solar projects/solar parks, or a combination of both with a minimum cumulative capacity of 20 MW.

At least one of the projects/parks must have had a minimum 10 MW capacity. It must have been in a single location connected to a single substation developed by the bidder.

• EPC work for industrial/logistics/warehousing/ infrastructure (excluding residential) projects with a minimum completed value of Rs 2.65 billion (~$30.35 million) for single works, Rs 2.12 billion (~$24.28 million) each for two works, and Rs 1.59 billion (~$18.21 million) each for three works.

Bidders must have an annual turnover of at least Rs 2.72 billion (~$31.15 million) in the last five financial years.

In 2024, Indian Oil Corporation committed itself to installing 1 GW of renewable energy projects, including standalone ground-mounted solar, standalone onshore wind, or wind-solar hybrid projects, at a cost of Rs 52.15 billion (~$625.38 million).

According to Terra Clean Research, India added 706.5 MW of wind energy capacity in Q3 2024, a 72% increase year-over-year from 411.5 MW.
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