Daily News Wrap-Up: REIL Invites Bids for 200,000 Mono PERC Solar Cells
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April 15, 2024
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Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the state of Rajasthan, has invited bids for the supply of 200,000 Mono PERC solar cells with 5.50Wp power output. The last date for submitting bids is May 1, 2024. Bids will be opened on the same day. The estimated bid value of the project is ₹9.5 million (~$113,950). Bidders have been exempted from an earnest money deposit and performance bank guarantees in the tender. The order will be split among two bidders in a ratio of 70:30. Preference will be given to “Make in India” products for bids below ₹2 billion (~$23.9 million), favoring Class 1 local suppliers as defined in the Public Procurement (Preference to Make in India) Order 2017.