The Ministry of Energy, Government of Mongolia, has invited bids for the engineering, procurement, and construction (EPC) of a 10 MW solar power project at Moron in Mongolia.
The last date to submit the bids is October 20, 2021, and bids will be opened on the same day.
The bidders must establish that they have the financial resources to meet or exceed the total requirement of the contract of $2,247,500.
Bidders must have, in the role of a contractor, a management contractor, or a member of the joint venture, successfully executed one solar project with a minimum capacity of 10 MW in the last five years. The project should have been in successful operation for the last two years.
Also, the bidder should have experience in detailed engineering design for at least one solar project with a minimum capacity of 10 MW in the last five years that has been in successful operation for the last two years.
The bidder should also have experience operating and maintaining a solar power project with a minimum capacity of 10 MW in the last five years. The project should have been in successful operation for the last two years.
The minimum average annual turnover of the bidder should be at least $18 million (~₹1.33 billion) during the last three financial years. The bidders must establish that they have the financial resources to meet or exceed the total requirement of the contract of $2,247,500.
As per the tender documents, the Government of Mongolia has received financing from the Asian Development Bank (ADB) toward the cost of upscaling renewable energy sector projects, part of which will be used for the payments under this contract.
In November last year, Mongolia’s Ministry of Energy invited bids for a 10 MW solar power project in the Altai region. It was an EPC tender.
Earlier, ADB had approved a $100 million (~₹7.4 billion) loan to help expand its supply of renewable energy in Mongolia through a 125 MW advanced battery energy storage system. The project’s total cost is $114.95 million (~₹8.51 billion), of which $3 million (~₹222.03 million) is co-financed by a grant from ADB’s High-Level Technology Fund, financed by the Government of Japan. The government of Mongolia will provide $11.95 million (~₹884.43 million) toward the project’s cost, which is due for completion in September 2024.
Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.