MSEDCL Seeks Bids for 642 MW Wind Power Projects

Highlights :

  • Bid Submission deadline for the 300 MW wind power tender: December 20; 4:00 PM
  • Bid Submission deadline for the 342 MW wind power tender: December 16; 4:00 PM

The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has released a couple of new tenders, inviting bids from interested developers for two wind power projects (300 MW and 342 MW total capacities) in the state.

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Key details of each tender are given below:

A. For procurement of 300 MW wind power on long term basis for a period of 25 years from Commercial Operation Date through competitive bidding process (followed by reverse e- auction) from grid connected inter-state and intra- state wind projects:

  • Online pre-bid conference: 03.12.2021
  • Deadline for online submission of response to RfS and physical submission of necessary documents at MSEDCL office, Mumbai: 20.12.2021; 16:00 Hrs
  • Financial Bid Opening Date: Will be informed to eligible bidders.
  • Reverse e-auction Date: Will be informed to eligible bidders.
  • Cost of RfS Document (non- refundable): Rs 25,000 (plus applicable GST) to be paid online.
  • Processing Fee (non- refundable): Rs. 3 Lakhs plus applicable GST (as on last date of bid submission for each response/bid ) to be paid online.
  • Earnest Money Deposit: Rs. 6 lakh /MW/Project to be submitted in the form of Bank Guarantee along with the Response to RfS.
  • Minimum Capacity of Project: i. Intra State Projects: Wind Power Projects having an individual size of 5 MW and above at one site with minimum bid capacity of 25 MW; ii. Inter State Projects: Wind Power Projects having an individual size of 50 MW and above at one site with minimum bid capacity of 50 MW.
  • Eligibility Criteria:
  1. The Net-Worth of the Bidder for the financial year ended on 31.03.2021 or as on date at least 7 days prior to due date of bid submission, shall not be less than INR 1.2 Crores per MW (of the capacity quoted in bid).
  2. A minimum annual turnover of Rs. 25 lakhs/MW (Rupees Twenty Five Lakhs per MW) of the quoted capacity during the financial year 2020-21.
  3. Internal resource generation capability, in the form of Profit Before Depreciation Interest and Taxes (PBDIT) for a minimum amount of Rs. 10 Lakhs/MW of the quoted capacity, as on the last date of previous financial year, 2020-21.
    iii. In-principle sanction letter from the lending institutions/banks of the Bidder, committing a Line of Credit for a minimum amount of Rs. 12.5 Lakhs/MW of the quoted capacity, towards meeting the working capital requirement of the project quoted under this RfS.
  • Find more details here.

B. For procurement of 342 MW wind power on long term basis through competitive bidding process (followed by reverse e-auction) from intra-state wind power projects:

  • Online pre-bid conference: 02.12.2021; 11.00 hrs
  • Deadline for online Submission of response to RfS and physical submission of necessary documents at MSEDCL office, Mumbai: 16.12.2021; 16:00 Hrs
  • Financial Bid Opening Date: Will be informed to eligible bidders.
  • Reverse e-auction Date: Will be informed to eligible bidders.
  • Ceiling Tariff: INR 2.65 per unit
  • Cost of RfS Document (non- refundable): Rs 25000 (plus applicable GST) to be paid online
  • Processing Fee (non- refundable): Rs. 10000/- (plus applicable GST as on last date of bid submission) to be paid online
  • Earnest Money Deposit: Rs. 1 lakh /MW/Project to be submitted in the form of Bank Guarantee along with the Response to RfS.
  • Minimum Capacity of Project: Wind power projects having an individual size of 0.50 MW and above at one site with a minimum bid capacity of 0.50 MW.
  • The successful bidder shall have an already commissioned intra – state Wind Power Project who‟s EPA has already expired or due to expire on or before 31.12.2022
  • Net Worth: Not used.
  • Liquidity: Not used.
  • Find more details here.

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