KSEBL Issues Tender For 500 MW Of RTC Power For Five Years

By Saur News Bureau/ Updated On Mon, Jun 12th, 2023

Highlights :

KSEBL sought this medium-term arrangement for a period of five years starting from August 15, 2023.
The project would be built on Public Private Partnership (PPP) mode and on Finance, Own, and Operate (FOO) basis.

KSEBL Issues Tender For 500 MW Of RTC Power For Five Years

The Kerala State Electricity Board Limited (KSEBL) has issued a tender to procure 500 Megawatt (MW) of round-the-clock (RTC) electricity. The board has decided to go for this medium-term arrangement for a period of five years starting from August 15, 2023.

As per the mandate of the tender, the KSEBL would procure the RTC power through a Public Private Partnership (PPP) on Finance, Own, and Operate (FOO) basis. The bidders under the bid would be liable for financing, constructing, operating, and maintaining the project. It will also include the operations and maintenance of the power stations and power supply.

The bidders for this project are likely to source fuel from Coal India Limited (CIL), Singareni Collieries Company Limited (SSCL), or a subsidiary from the allocated coal linkage. KSEBL has fixed the last date for receiving queries on RfQ and RfP as June 17. The pre-bid meeting has been fixed for June 22. The board has fixed the last date to submit the bids as July 10.

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The tender said that the bidders must supply the power from August 15, 2023, to August 14, 2028. While the required quantum of power is 500 MW, the minimum quantum stands at 100 MW. The board has asked the bidders participating in the e-bidding process to make a fee of Rs 500 per MW per requisition for the total capacity sought by the utility. To apply for this bid, the bidders must apply online at the DEEP portal on or before the bid due date.

KSEBL has said that the bidders must be a corporate entity. It should either be the owner or operator of the power station from where electricity would be supplied. It also said that the power station must have access to an assured fuel supply. The board has also made a criterion that the bidders must have a minimum net worth equivalent to Rs 1 crore per MW of the capacity the bidder is willing to bid.