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      Home » This State Invites Bids for Setting Up 10 EV Charging Stations

      This State Invites Bids for Setting Up 10 EV Charging Stations

      Aishwarya SaxenaBy Aishwarya SaxenaAugust 23, 2022 Charging Stations 3 Mins Read
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      Following the target of state’s EV Policy, Satna Municipal Company (SMC) in Madhya Pradesh has recently invited bids to establish ten charging stations for electrical automobiles (EVs) at numerous places within the metropolis.

      SMCThe profitable bidder shall be accountable for the upkeep actions of the undertaking for the contract interval of 20 years from the contract’s signing date.

      The final date to submit the bids is September 20, 2022.

      Bids shall be opened on September 22.

      Bidders must submit ₹100,000 (~$1,250) as an earnest cash deposit. The licensee ought to pay a safety deposit equal to 6 months of the license charge.

      The license charge quoted by the profitable bidder and accepted by SMC shall be escalated by 7% yearly on a compounding foundation, i.e., initially of each anniversary throughout the settlement interval as per the phrases and situations set out within the settlement.

      The chosen bidder would be the bidder quoting the best license charge.

      SMC will present the area for organizing charging stations at any possible location within the metropolis.

      The contract shall be for 20 years with a lock-in interval of 5 years, after the letter of acceptance of the discovery of award. After 20 years, SMC will invite contemporary bids, and the operator already working with SMC can have the primary proper of refusal.

      A land space of 75 sq. meters shall be offered for organizing every EV charging station.

      The operator should set up DC-type EV chargers for 4-wheelers and 2-wheelers on the premises.

      SMC won’t present any subsidy for putting in EV charging station infrastructure.

      The bidder can strategy competent authority on their very own to hunt any such subsidy per accessible tips and guidelines (if any).

      To be eligible, the bidders will need to have accomplished at least one task of comparable nature over the last 5 years as of the final date of the month earlier than the one through which bids have been invited.

      Bidders ought to have a minimal common annual turnover of ₹5 million (~$62,509) over the last three monetary years. Additionally, the online price of bidders over the last monetary 12 months ought to be at least ₹500,000 (~$6,250).

      In March, the Ministry of Heavy Industries introduced that it had accepted 2877 EV charging stations in 68 cities throughout 25 states and union territories below the second section of the sooner adoption and manufacturing of hybrid and electrical automobiles (FAME-II) program.

      Earlier, Raipur Good Metropolis had issued a request for proposal (RfP) for putting in EV charging stations at 25 places within the metropolis.

      bidders contract DC-type EV chargers electrical automobiles EV charging stations news Satna Municipal Company (SMC)
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