Power Grid Projects Creates A ±125 MVAR STATCOM Opportunity

Power Grid projects suppliers can review GETCO’s turnkey procurement for a ±125 MVAR STATCOM at its 220 kV Tharad substation. The Rs 244.54 crore package covers converter equipment, coupling facilities, controls, protection, auxiliaries, SCADA, buildings, foundations and grid commissioning. EnergylineIndia.com notes that bids require positive net worth, average annual turnover equal to at least 50% of estimated cost and liquid assets equal to 20%. Direct bidders, supported entities and qualifying consortium or joint-venture structures may participate. This Power Grid projects classified summary presents demand across power electronics, cooling, protection, automation, civil works and long-term maintenance. A 10% security deposit-cum-performance guarantee applies, while optional interest-bearing advances require 110% bank-guarantee cover. Bidders must also price hot-weather performance, system tuning, spare-rate reviews and extended radio-interference liability.