NTPC Invites Bids for Development of Wind Projects Worth 600 MW

NTPC Invites Bids for Development of Wind Projects Worth 600 MW

NTPC Ltd has issued an IFB for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere in India.

NTPC 600 MW Wind Project

NTPC Ltd has issued an Invitation for Bids (IFB), inviting online bids from eligible bidders for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere in India.

The scope of work for the selected bidders will include the detailed design,  engineering,  micro-siting, manufacture, supply, erection, testing, commissioning of the wind energy projects. The project developers will also be required to provide comprehensive operation and maintenance of the offered wind farm as detailed in tech specs including the supply of all spare parts, consumables, repairs /replacement of any defective equipment, payment of reactive power penalty and other charges levied by the respective state governments. The developers will also be responsible for the acquisition of the required land for the offered wind farm project as per prevailing government rules and transfer of title/ lease deed to NTPC including infrastructure development.

The last date for bid submission is March 30, 2020, and the techno-commercial bids will be opened on the same date. A pre-bid meeting has been scheduled for March 16, 2020, to address the concerns raised by the prospective bidders. As per the IFB, all bids must be accompanied by a bid security amount of Rs 6 lakh per MW of their quoted bid capacities.

To be eligible for participating in the bidding process, the bidders must have designed/got designed, supplied, erected/ supervised erection and commissioned/ supervised commissioning of grid-connected wind power plant(s) of cumulative installed capacity of 80 MW or higher, out of which at least one plant should have been of 20 MW or higher capacity at a single location with associated civil & electrical works. The reference plant of 20 MW or higher capacity must have been in successful operation for at least 1 year prior to the date of techno-commercial bid opening.

And, the average annual turnover of the Bidder, should not be less than Rs 326 crore during the preceding three completed financial years as on the date of the techno-commercial bid opening. Additionally, the bidder should have a positive net worth as on the last day of the preceding financial year.

For more information click here.

Recently, the Ministry of New and Renewable Energy (MNRE) had designated NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in ISTS matters, any company or an entity designated by the central or state government as renewable energy implementing agency will act as an intermediary procurer to select and buy power from renewable energy generating stations and sell it to one or more Discoms or any other person in accordance with the guidelines issued from time to time by the power ministry, MNRE, or the state government.

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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.