NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has issued an Invitation for Bids (IFB) for the supply, installation, testing, and commissioning of a 130 MVAR Static Var Generator (SVG) package. The project is planned for reactive power compensation at the 240 MW Devikot Solar PV Station located in the Jaisalmer district of Rajasthan. The tender process is being conducted through domestic competitive bidding on a single-stage, two-envelope system, which separates technical and financial proposals for fair evaluation.
The scope of work is comprehensive and includes the supply and installation of three SVG units with capacities of 2×40 MVAR and 1×50 MVAR. The selected contractor will be responsible not only for supplying the equipment but also for full installation, testing, and commissioning at the site. The project also includes the integration of these SVG units with the existing 33 kV electrical system at the solar plant. This integration requires auxiliary transformers, control and protection panels, and complete civil works needed for successful operation. The contractor must also provide a two-year warranty for the entire system and supply mandatory spare parts to ensure smooth operation and maintenance support.
To participate in this tender, bidders must meet strict qualification requirements. On the technical side, bidders should have prior experience in commissioning SVG-based reactive power compensation systems with a total capacity of at least 40 MVAR. At least one of these systems must be 10 MVAR or higher. Alternatively, bidders can qualify if they have completed two outdoor air-insulated bays of 33 kV or higher that have been in successful operation for at least one year.
On the financial side, bidders must demonstrate strong financial stability. The average annual turnover of the bidder must be at least INR 26.5 crores over the last three financial years. In addition, the bidder’s net worth must not be less than 100% of its paid-up share capital as of the last financial year. These conditions ensure that only financially stable and technically capable firms participate in the bidding process.
The financial requirements also include an Earnest Money Deposit (EMD) of INR 50,00,000, which must be submitted along with the bid. The bid security can be provided either through a separate sealed envelope or via electronic fund transfer with proper proof of payment. The Performance Bank Guarantee (PBG) conditions will be defined in detail in the final bidding documents, but it is a mandatory requirement for the selected contractor. The project will be financed through NGEL’s internal resources or borrowings.
The important timeline for the tender has also been clearly defined. The IFB was issued on 04 May 2026. The bidding document can be downloaded from 05 May 2026 to 18 May 2026 up to 5:00 PM. The last date for raising bidder queries is 20 May 2026 until 11:00 AM. The final bid submission deadline is 28 May 2026 at 3:00 PM, and the techno-commercial bid opening will take place on the same day at 3:30 PM IST. The tender search code for this project is NGEL-2026-TN000002, and the cost of bidding documents is nil.
Bidders must register on the ISN Electronic Tender Services (ETS) portal to participate in the process. They are also required to submit a signed Non-Disclosure Agreement (NDA) before accessing the official tender documents. This project highlights NGEL’s continued focus on strengthening renewable energy infrastructure with advanced grid stability solutions in India’s solar sector.
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