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  3. INKEL Ltd Seeks Bids for Supply of Galvanised PV Mounting Structures fo…

INKEL Ltd Seeks Bids for Supply of Galvanised PV Mounting Structures for 3.5 MW Solar Project in Kasaragode, Kerala

4 Apr 2024

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Key Takeaways

  • Precision:

    • Inkel Ltd should prioritize precision fabrication and installation to meet the project's technical requirements.

  • Essential Compliance:

    • Compliance with financial obligations and showcasing a strong past performance record is crucial for securing the contract.

  • Compliance for Market Strengthening:

    • By meeting these criteria, Inkel Ltd can strengthen its foothold in the renewable energy market and secure long-term contracts.

  • Precision:

    • Inkel Ltd should prioritize precision fabrication and installation to meet the project's technical requirements.

  • Essential Compliance:

    • Compliance with financial obligations and showcasing a strong past performance record is crucial for securing the contract.

  • Compliance for Market Strengthening:

    • By meeting these criteria, Inkel Ltd can strengthen its foothold in the renewable energy market and secure long-term contracts.

Inkel Unlisted Shares

Inkel

1.67%

Expert Analysis

INKEL Ltd Seeks Bids for 3.5 MW Solar Project in Kerala

Expert Analysis:

  • Opportunity Identification: Tender for module mounting structures for a 3.5 MW solar project in Mylatty, Kerala presents a significant opportunity for Inkel Ltd.

  • Emphasis on Durability: Specifications highlight the need for hot dip galvanized structures, indicating a focus on corrosion resistance.

  • Technical Precision: Project involves 350 sets with 30 modules/set, each weighing 22 kg, demanding precise fabrication/installation.

  • Endurance Requirements: Structures must endure 25 years, withstand 150 km/hr winds, with 10-13 degree tilt angle.

  • Financial Obligations: Bidders required to make a ₹50,000 earnest deposit and pay a ₹5,900 tender fee, showcasing financial commitment.

  • Past Performance Criteria: Past record of supplying >5,000 kW structures in last 3 years, with ₹1 crore annual turnover in preceding 5 years.

Publisher:solar Quarter