Mizoram Looking to Sell its Surplus Non-Solar Renewable Power on Short-Term Basis

The Power & Electricity Department of Mizoram is looking to sell its surplus renewable power (non-solar) for the period July 22, 2020, to December 31, 2020.

Mizoram Surplus Renewable Power

The Power & Electricity Department of Mizoram (PEDM) has issued a Notice Inviting Tenders (NIT) for the sale of its surplus renewable power (non-solar) for the period from July 22, 2020, to December 31, 2020.

The power department is seeking to sell the power through a trader having a valid inter-state trading license issued by the Central Electricity Regulatory Commission (CERC), and having past experience of consultancy/trading service on behalf of state power utilities to enable PEDM for sale of its surplus renewable power.

The last date for bid submission is May 21, 2020, and the tender documents will be opened on the same date. All bidders must submit an Earnest Money Deposit of Rs 5 lakh along with their bids.

The scope of the contract shall be the sale of available surplus renewable power (non-solar) on a short term basis which shall be governed as per the general terms and conditions specified in the tender documents.

To be eligible, the participating bidder should be an Indian entity, should have a valid trading license (category II or above) issued by CERC, and finally the bidder should have traded at least 100 MU of RE power (non-solar) from all over India during last three financial years.

According to the NIT, all the charges and losses up to delivery point including but not limited to POC Injection Charges & Losses, Transmission Charges & Losses, RLDC/SLDC Operating charges, SLDC Application fee or any other charges applicable as amended from time to time shall be borne by PEDM. And, all charges and losses beyond delivery point including but not limited to POC Withdrawal Charges & Losses, STU and Wheeling Charges & Losses, RLDC/SLDC Operating charges, RLDC/SLDC Application fee, or any other charges applicable as amended from time to time shall be borne by the successful bidder.

The successful bidder shall have to execute the Power Purchase Agreement (PPA) with PEDM within 15 days of acceptance of LoA. And the PPA must be exclusive and shall have no correlation/linkage whatsoever with any other contract executed by the parties or to be executed by the parties. PEDM shall raise bills on a monthly basis to the successful bidder for the energy scheduled at the delivery point based on the final REA issued by the concerned RPC.

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Ayush Verma

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

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