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SJVN Green Energy Invites EPC Bids for 300 MW Solar Power Projects in Punjab

SJVN Green Energy Ltd. (SGEL) has issued a tender for an Engineering, Procurement and Construction (EPC) package to develop grid-connected solar PV projects with a combined capacity of up to 300 MW in Punjab. The deadline for submitting bids is December 16, 2025.

The tender covers three solar projects—a 200 MW capacity under PSPCL ET-4 and 100 MW under PSPCL ET-2. For Project-1 (70 MW), bidders must supply their own solar modules. However, Project-2 (130 MW) and Project-3 (100 MW) will have modules provided by SGEL at no cost, with bidders responsible only for transportation and handling.

The EPC contractor will also be required to deliver three years of comprehensive O&M services.

To participate, bidders must pay a tender fee of Rs 5,900 and submit an earnest money deposit (EMD) ranging from Rs 5.67 crore to Rs 20.67 crore, depending on the specific project. For those bidding for all three projects, the combined EMD will be Rs 20.67 crore.

Techno-commercial bids will be opened on December 16, 2025, at 4:00 PM.

The EPC scope includes right-of-way arrangement, detailed engineering, procurement, construction, testing, commissioning, evacuation infrastructure, and securing grid connectivity. The projects may be set up at any suitable location within Punjab, and bidders must arrange land—either through purchase or a 28-year lease.

Eligibility Criteria
To qualify, bidders must meet one of the following technical experience requirements:

Solar EPC Experience Route
• Must have executed EPC work for grid-connected solar PV plants totaling at least 30 MWp within the last 10 years.
• At least one project must be 10 MWp or above, and must be in successful operation for at least three months prior to the month preceding the NIT release.

Large Industrial Project Route
Alternatively, bidders can qualify if they have developed or executed a single industrial project (power, steel, oil & gas, petrochemical, fertilizer, cement, coal mining, handling plant, or other major infrastructure) valued between:
• Rs 85.04 crore (for Project-3) and
• Rs 310.10 crore (for all three projects).
These projects must have been successfully operating for at least six months.

Additionally, the bidder must have completed at least one 33 kV or above electrical substation—including circuit breakers and transformers—which has been in successful operation for no less than six months.

Financial Requirements
• Minimum average annual turnover for the last three financial years must range from Rs 85.04 crore (Project-3) to Rs 310.10 crore (for all projects).
• Bidder’s net worth must be positive in the immediately preceding financial year, and positive in at least two of the last three financial years.