HPCL Invites Bids for Supply of 78 MW of Renewable Power to Mumbai Refinery
The last date for the submission of bids is November 29, 2023
Hindustan Petroleum Corporation (HPCL) has invited bids to supply 78 MW of renewable energy under long-term open access from projects located anywhere in India. The selected developer or the power producer will supply power to HPCL’s Mumbai Refinery in Maharashtra.
The last date for the submission of bids is November 29, 2023. Bids will be opened the same day.
The scope of the work includes establishing an Inter-State Transmission System or Intra-State Transmission System at a voltage level of 132 kV or above connected to renewable power projects to deliver renewable power to HPCL.
The designated final delivery point will be the Trombay Substation, from which HPCL sources power for its Mumbai Refinery. The developer is responsible for evacuating power from the generation source to the Injection Point.
Bidders must submit an earnest money deposit of ₹15.8 million (~$189,562).
The selected bidder will have to submit a performance bank guarantee for a value of ₹1.5 million (~$17,995)/MW within 30 days from the date of the letter of intent issuance.
Bidders will be responsible for identifying land, project installation, project ownership, securing connectivity, obtaining necessary approvals, and injecting power into the network.
They must maximize the use of green energy to fulfill the specified power demand. This should be done commercially, with the requirement to green a minimum of 50% of the total 686 million units of power demand.
HPCL currently has 90 MW of contract demand earmarked for renewable energy.
Upon the conclusion of a successful bidding process, HPCL will enter into a power purchase agreement with the chosen bidder. This agreement will span 25 years and be governed by the terms, conditions, and provisions specified in the tender.
The tender aims to promote commercially established and operational technologies to minimize technology risks and ensure the timely commissioning of projects.
Bidders must have experience executing and completing similar projects at one or more locations in the past seven years.
The definition of similar work includes projects within or outside India with a minimum installed capacity of 100 MW. This capacity requirement applies to solar, wind, or solar-wind hybrid power projects.
Bidders must have a net worth equal to or exceeding ₹12.26 million (~$147 million)/MW of the declared project capacity based on the last date of the previous financial year.
HPCL is formulating a strategy to attain net zero carbon emissions (scope 1 and 2) by 2040. As a component of this initiative, HPCL aims to substitute conventional grid power utilized in its refineries with environmentally friendly energy sources.
Projects that have already been commissioned cannot be considered under this tender. However, projects under construction or not yet commissioned will be eligible for consideration, provided they have not been accepted under any other central/state programs or for supply to other entities.
Regardless of their capacities, enhancement of extra capacity to already commissioned projects will not be deemed eligible for consideration in this tender.
Recently, HPCL invited bids for the engineering, procurement, and construction of a 5 MW grid-connected ground-mounted solar power project in Jhansi, Uttar Pradesh.
Earlier, HPCL had invited bids from project management consultancies to set up grid-connected captive solar projects, including rooftop solar, with an aggregate capacity of 1.2 MW under net metering at various locations of the Vijayawada Dharmpuri Pipeline.
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