Tata Power Delhi Distribution Limited (TPDDL) has issued a Request for Proposal (RfP) for the procurement of renewable power (non-solar) on a short-term power purchase agreement to meet its Renewable Purchase Obligation (RPO) targets.
The Discom is looking to procure up to 300 MUs or 100 MW of renewable energy for a period starting June 1, 2019, up to September 30, 2019. As per a provision in the RfP, the discom can increase the amount of power to be procured by 20 percent if there is a shortfall or if required otherwise.
The discom will look to source 100 MW every month over the four months of the power purchase agreement. However, a single bidder will be allowed to enter a minimum bid capacity of 10 MW in response to the RfP.
The last date for submission of bids along with the Earnest Money Deposit is May 20, 2019. The bidding will be done as per the revised guidelines for short-term procurement of power notified by the Ministry of Power. The Bidders are required to submit EMD for the maximum capacity which they wish to offer (in a single bid or the sum total of multiple bids) of Rs 30,000 per MW per month on RTC (30 days, 24 hours) basis.
The Successful Bidder(s) shall be required to furnish Contract Performance Guarantee (CPG) within 7 days from the date of selection of successful bidder(s) for an amount calculated at Rs 2 lakh per MW per month (30 Days, 24 hours) of the contract period or part thereof.
According to the RfS, the confirmation to the renewable status of the source of power from the appropriate authority should be furnished by the supplier at the time of submission of contract performance guarantee and certificates. The DISCOM has also mentioned that if the power is being supplied through the alternate source, additional charges and losses if any, due to the cancellation of existing corridor and booking of the new corridor will be on account of the bidders.
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