Total bids
21
21 including cancelled tenders
Awarded
4
10 lost · 0 still pending
Awarded value
₹39.6 L
of ₹10.4 Cr bid — 3.8% conversion
Win rate
19.1%
of 21 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count21 bids
19.0%
33.3%
47.6%
Awarded419.0%
Pending00.0%
Tech rejected733.3%
Lost1047.6%
By value₹10.4 Cr
72.4%
23.7%
Awarded₹39.6 L3.8%
Pending₹00.0%
Tech rejected₹7.5 Cr72.4%
Lost₹2.5 Cr23.7%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
4 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards split02
PEnA Power Engineering and Automation Private Limited1 win · 7 shared tenders
₹32.9 L
won head-to-head
Rival awardedSOLACE RENEWABLE awardedOthers
Recent tenders awarded to SOLACE RENEWABLE
- Design, Engineering, Supply, Installation, Testing, Commissioning of 300.22 KWp Grid Interactive Solar Photo Voltaic Systems along with AMC for 5 Years at RCP/SV/CP/T-Point/Station locations under ERPL Barauni Unit. (Group A- ERPL Patna)IndianOil · 17 Mar 2025₹6.6 L
- Design, Engineering, Supply, Installation, Testing, Commissioning of 300.22 KWp Grid Interactive Solar Photo Voltaic Systems along with AMC for 5 Years at RCP/SV/CP/T-Point/Station locations under ERPL Barauni Unit. (Group G- ERPL Barauni (PHBPL))IndianOil · 17 Mar 2025₹6.0 L
- EPC of 30 KWp On Grid Ground Roof Mounted Solar PV Plant at Indian Oil Aviation Fuelling Stations AFS viz. Kumbhirgram AFS Tezpur AFS Assam and Imphal AFS ManipurIndianOil · 5 Jul 2021₹20.8 L
- 15 KWP SOLAR AT PHULJHORE HOUSING DURGAPUR WBIndianOil · 13 May 2020₹6.2 L
About SOLACE RENEWABLE ENERGY PVT. LTD
SOLACE RENEWABLE ENERGY PVT. LTD appears as a bidder on 21 government tenders on record, from 2 buyer authorities in 1 state. Of its 21 decided bids, it was awarded 4 — a 19.1% win rate — worth ₹39.6 L in total. Its most recent award on record is from 11 Feb 2026.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 5.0% above the lowest bid (L1).
It most often bids against NATURETECH INFRASTRUCTURE PVT. LTD, PEnA Power Engineering and Automation Private Limited and SUNSHINE POWER PRODUCTS PVT. LIMITED. NATURETECH INFRASTRUCTURE PVT. LTD bid on 9 of the same tenders and won 1 of them; SOLACE RENEWABLE ENERGY PVT. LTD won 3.