Tender update: 50 MW solar power purchase by UHBVN (Utter Haryana Bijli Vitran Nigam limited)
In year 2014 so far, it seems that this is the season of solar bids and tenders. First SECI has launched bid for 750 MW, then bid for Chhattisgarh and Karnataka state is available. Adopting the footsteps of other state governments, Haryana government has also initiated the solar electricity adoption process by floating tender for procurement of 50 MW of solar power for long term from grid connected solar PV power project through tariff based competitive bidding process.
Starting with the some important dates:
Pre-bid Conference / Clarification Meeting- 5/5/2014 at 11.30 A. M
Last date & Time of Submission of tender- 14/5/2014 (13.00 Hrs)
Bid Opening (Techno-Commercial) – 14/5/2014 (15.00 Hrs)
Bidding shall be done for the total bidding capacity of the order of 50 MW ± 10%. Minimum allowable capacity for a single bid is 1 MW (AC). PPA shall be done for 25 years and bidder are required to quote single tariff for 25 years only in the price bid. Bidders have only 2% of window for the deceleration of CUF with lowest value 17% and highest value 19%. This window seems to be low. This conditioned got toughened by the further guideline of declaring CUF at the time of commissioning for once only. Moreover, this CUF declaration of CUF is for 25 years. 10% variation on negative side is permissible. The lower limit will, however, can be relaxed by HPPC to the extent of non-availability of grid for evacuation which is beyond the control of the SPD. In case of higher CUF over 19%, incremental generation will be purchased by HPPC at a fixed tariff of Rs. 3/ kWh. Looking at the feasibility/ profitability project developers always admire high CUF of the order of 22-23%. Bounding them at 19% CUF only seems to be discouraging.
Further, as far as the connectivity approvals are concerned, this responsibility is put on the developer’s shoulders. One point is drawing attention to and that is developer can setup plant even beyond Haryana state boundary and through wheeling they can sell electricity. In this scenario, wheeling charges and losses shall be bear by project developer. Single quoted price shall also include the effect of transmission charges, transmission losses, RLDC charges or any other charges covered in Open Access Regulations notified by CERC and the procedure for Open Access stipulated by the Central Transmission Utility (CTU) (as amended up to date) for supply of energy up to the delivery point shall be included in the sale price.
Some other key points of the tender are :
- The Net Worth of the bidding Company/ Bidding consortium should be equal to or greater than the value calculated at the rate of Rs. 2 Crore or equivalent US$ per MW of the Project capacity.
- Ownership or lease hold rights (for at least 30 years) in the name of the Project Developer and possession of 100% of the area of land required for the allotted project.
- Bid bond is cost is 10 lac/ MW
As the other bids have received reasonable good response, it is expected that investors shall also make this bid successful.
Bid document can be downloaded through the following links. http://www.uhbvn.com/documents/Tenders/NIT51HPPCDN.pdf
For the word format of the entire bid document, you can put your request at email@example.com.
Published by: Gaurav K. Sharma