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October

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Chhattisgarh – RfP for 50 MW Grid Connected Solar PV

by Harini

Chhattisgarh State Power Distribution Company Limited (CSPDCL) released a RfP document for procurement of 50 MW Solar Power for long term from grid connected Solar PV power projects through a tariff based competitive bidding process.

Given below are some important points from this document.

Capacity:

  • Total capacity – 50 MW
  • Minimum bid capacity 2 MW and maximum 50 MW  in multiples of 2 MW capacity

Tariff and PPA:

  • Bidders should quote single tariff for 20 years 
  • PPA will be signed for 20 years with CSPDCL for power procurement
  • After 20 years the agreement can be renewed with CSPDCL for further 5 years at the then prevailing APPC

Financial Criteria:

  • Net worth – Rs. 3.50 Crore/ MW for capacity up to 25 MW
  • Additional net worth of Rs. 2.50 Crore/ MW for every MW beyond 25 MW

Bank Guarantees:

  • Bid bond – Rs. 20 Lacs /MW of offered capacity
  • Contract performance guarantee – Rs. 75 Lacs / MW to be submitted within 15 days of issue of Letter of Intent

Bidding process:

  • Envelope I – Non-Financial bid
  • Envelope II – Financial bid

Time schedule:

Chhattisgarh_Time_Schedule_50MW

It must be noted that the last date for submission of the bids was on 30th September, 2013 at or before 15.00 hrs and the Non-Financial bid was scheduled to be opened on the same day at 15.30 hrs.

For further information on this bidding process the original document can be downloaded here.

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