MSEDCL Floats 800 MW Wind Tenders

0
170

The Maharashtra State Electricity Distribution Company (MSEDCL) floats two separte tenders to procure power from 800 MW of wind projects.

MSEDCL has issued requests for selection to procure 500 MW wind power from intrastate wind power projects and 300 MW wind power from grid-connected new inter-state and intrastate wind projects.

MSEDCL has floated the tenders to fulfill its non-solar renewable purchase obligation (RPOs) and meet its future power requirements.

500 MW Wind Power Procurement

The last date for submission of bids is September 13, 2021. The selection of projects will be carried out through e-bidding followed by an e-reverse auction process. The tariff payable will be fixed for 12 years. The ceiling tariff of Rs. 2.65 has been set. Bidders are expected to pay Rs.25,000 towards the RfS document cost and Rs. 10,000 processing fee. The intra-state projects that are already supplying power to MSEDCL under an existing EPA which has already expired or is going to expire on or before March 31 2022 will be eligible to participate in the bidding process. Only certified wind turbine models listed in the ‘revised list of models and manufacturers’ (RLMM) will be allowed to repower wind turbine generators.The successful bidder must also comply with MERC regulations on forecasting, scheduling, and deviation settlement and are responsible for all liabilities related to connectivity.

300 MW Wind Power Procurement

The last date to submit the 300 MW wind power tender bids is September 20, 2021. Grid-connected inter-state and intrastate and new wind projects are eligible to participate in the tender. Bidders are expected to Rs. ₹25,000 as RfS cost; Rs. 300,000 as processing fee and Rs. 600,000 EMD in the form of a BG along with the RfS. The selection will be carried out through e-bidding followed by an e-reverse auction process. For intrastate projects, wind power projects must have an individual size of 5 MW and above at one site with a minimum bid capacity of 25 MW.For inter-state projects, the wind power projects must have an individual size of 50 MW and above at one site with a minimum bid capacity of 50 MW.

The net worth of the bidder for the financial year ended on March 31, 2021, should not be less than Rs.1.2 crores per MW (of the capacity quoted in bid). Bidders will have to furnish a certificate from chartered accountants/appropriate authority, certifying their net worth. The responsibility of getting grid connectivity with CTU/STU/ DISCOM will be entirely of the successful bidder and in their name. The successful bidder will submit documentary evidence for securing such connectivity within 7 months from the date of the signing of the PPA.

If a foreign company participates on a standalone basis and wins the bid, it will have to form an Indian company as its fully owned subsidiary company before signing the PPA. Successful bidders would supply power from their projects based on the terms of the new PPA from the date of the new PPA or after the expiry of the existing EPA, whichever is earlier.

The bidder must be a wind power generator with an EPA with MSEDCL that has expired or will expire in FY 2021-22. Before signing the PPA, a successful bidder may also execute the project through a special purpose vehicle, i.e., a project company incorporated as a fully owned subsidiary company.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.