NHPC Invites Bids for Supply of 1,200 MW Wind Power

The last date for the submission of bids is February 28, 2024


NHPC Limited has invited bids to select developers for the supply of 1,200 MW of power from inter-state transmission system (ISTS)-connected wind power projects under Tranche-2.

The last date for the submission of bids is February 28, 2024. Bids will be opened on March 4.

A total capacity of 1,200 MW will be awarded for injection at ISTS substations in six states: Tamil Nadu (500 MW), Andhra Pradesh (250 MW), Maharashtra (200 MW), Telangana (100 MW), Madhya Pradesh (100 MW), and Karnataka (50 MW).

Bidders have to pay ₹1.26 million (~$15,171)/MW as earnest money deposit.

The processing fees for the cumulative capacity quoted by the bidder are structured in tiers based on the project’s scale. Projects with a capacity of 50 MW are subject to a processing fee of ₹300,000 ($3,612) plus 18% GST. If the capacity exceeds 50 MW but remains within the range of up to 100 MW, the processing fee increases to ₹500,000 ($6,020.48) plus 18% GST.

For projects falling within the capacity range above 100 MW and up to 250 MW, the processing fee amounts to ₹1 million (~$12,040.98) plus 18% GST. For capacities above 250 MW and up to 500 MW, the processing fee stands at ₹2 million (~$24,081) plus 18% GST.

Projects with a capacity exceeding 500 MW are subject to a processing fee of ₹3 million (~$36,121) plus 18% GST.

The minimum project size should be 50 MW, and subsequently, projects can be in multiples of 10 MW. A single bidder, inclusive of its parent, affiliate, or ultimate parent, and any group company, should not exceed a cumulative capacity of 600 MW, representing 50% of the total contracted capacity under this tender.

Bidders have the flexibility to propose different tariffs for projects in various states.

Bidders must quote a single tariff for all the projects in each state, applicable throughout the 25-year duration.

The wind power project, along with the dedicated transmission network up to the delivery point, is the responsibility of the successful bidder.

The selected bidder must obtain all approvals, permits, and clearances required for the project and the dedicated transmission network.

The technology selection for projects is open. While technology-agnostic, only commercially established and operational technologies are permitted to minimize risks and ensure timely commissioning.

Developers with commissioned or under-construction wind power projects possessing untied capacity for interconnection within specified Indian states can participate in the bid.

This also applies to developers with existing capacity or spare untied capacity available for augmenting proposed wind power under this tender.

No separate central financial assistance is anticipated for implementing the selected projects under this tender.

The bidders’ net worth must be equal to or greater than the calculated value, set at the rate of ₹13 million (~$156,526)/MW.

Earlier this year, NHPC invited bids to select developers to set up 3 GW of interstate transmission system-connected solar power projects nationwide.

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