Bids for 1.85 Million Polycrystalline Solar Cells

[Dated: 18 Jul 2022 ]     Country : India

ITI Limited, a public sector undertaking under the Department of Telecommunication, has floated a tender for the supply of 1.845 million polycrystalline solar cells with a minimum wattage output of 4.62 W. The estimated value of the tender is ?116.2 million (~$1.45 million). The entire quantity must be supplied in three lots against each purchase order.

The last date to submit bids is July 29, 2022. Bids will be opened the following day. Bidders must submit an earnest money deposit (EMD) of 2% of the tender value or a maximum of ?500,000 (~$6,260). The EMD of the successful bidders will be converted into a security deposit. Successful bidders must submit a security deposit balance of 5% of the order value or a maximum of ?1 million (~$12,520) before placing the purchase order

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