Kerala Invites Bids for Short-Term Procurement of 340 MW of Solar, Wind and Hydropower
The last day to submit the bids is September 12 & 13, 2022
September 1, 2022
Kerala State Electricity Board (KSEB) has invited bids to procure solar, wind, and hydropower on a short-term basis to meet its Renewable Purchase Obligations (RPO) target from November 01, 2022, to May 31, 2023.
KSEB seeks to procure 140 MW of solar, 100 MW of wind, and 100 MW of hydropower. The minimum bid quantity for all projects is 10 MW.
The last day to submit the bids for solar projects is September 12, 2022. Wind and hydro project bids must be submitted by September 13, 2022. All the bids will be opened on the last day for bid submission.
Bidders must submit a non-refundable tender fee of ₹15,000 (~$188) and an earnest money deposit of ₹30,000 (~$377)/MW per month. Successful bidders must furnish ₹200,000 (~$2,514)/MW/per month of the contract period within seven days from the selection date of successful bidders.
KSEB interconnection with the Central Transmission Utility in the southern region, i.e., Kerala periphery, will be considered as the delivery point for inter-state transmission, and the pooling substation as the delivery point for intra-state transmission of power.
Sellers must allow a 2% rebate on energy bills if KSEB makes payment within the due date. A 15% per annum surcharge will be applied on all payments outstanding after 30 days beyond the due date. This surcharge would be calculated on a day-to-day basis for each day of the delay.
Both parties would ensure that actual scheduling does not deviate by more than 15% of the contracted power as per the approved open access monthly. In case deviation from the procurer is more than 15% of contracted energy for which open access has been allocated every month, the procurer must pay compensation at 20% of tariff per kWh for the quantum of shortfall above permitted deviation of 15% while continuing to pay open access charges.
In case deviation from the seller is more than 15% of contracted energy for which open access has been allocated monthly, the seller must pay compensation to the procurer at 20% of tariff per kWh for the quantum of shortfall above the permitted deviation of 15% in the energy supplied. They must also pay for the open access charges to the extent not availed by the procurer.
Earlier, KSEBL had invited bids to procure 150 MW of solar power on a short-term basis to meet its RPO target for June 15, 2022, to March 31, 2023.
Subscribe to Mercom’s India Solar Tender Tracker to stay on top of tender activity in real-time.