NTPC Invites Bids for Development of 300 MW of ISTS-Connected Wind Power Projects
The last date to submit the bids is February 09, 2021
January 11, 2021
NTPC Limited has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India.
The work scope includes the engineering, design, manufacturing, supply, commissioning, and installation of the wind farm, including wind turbine generators, control panels, central monitoring and control systems, and wind monitoring masts.
The last date to submit the bids is February 09, 2021, and the bids will be opened on the same day. The pre-bid meeting will take place on January 29, 2021.
Interested bidders will have to submit a bid security amount of ₹100 million (~$1.36 million) for capacity up to 160 MW. For a capacity over 160 MW, an amount of ₹200 million (~$2.72 million) must be submitted as the bid security.
To participate in the competitive bidding process, the bidder should have designed, erected, and commissioned a cumulative grid-connected wind power capacity of 80 MW or higher. Out of this, one project should have been of 20 MW or higher capacity at a single location. The project should have been in operation for one year before the bid opening date.
Similarly, in the last ten years, the bidder as a developer or engineering, procurement, and construction contractor should have executed a project in the area of steel, oil and gas, petrochemical, fertilizer, or cement of a value of ₹3 billion (~$40.8 million) or more. The project should have been in successful operation for one year. Along with this, the bidder should have executed at least one electrical substation of 132 kV or above, either as a developer or an EPC contractor, which should have been in operation for at least one year before the bid opening date.
Regarding the financial criteria, the bidder’s average annual turnover should be at least ₹3.27 billion (~$44.49 million) during the last three financial years as on the bid opening date. The bidder should have a positive net worth on the last date of the preceding financial year.
According to Mercom’s India Tender Tracker, NTPC has tendered 2.6 GW of ISTS-connected wind projects as of December 2020.
Last year, NTPC floated a tender for 600 MW ISTS-connected wind energy projects in the country. Earlier, Mercom reported that NTPC had invited bids to select developers for 1.2 GW wind energy projects in India. The projects were to be developed anywhere in the country. The project sizes under the tender ranged between 50 MW and 600 MW.
Wind Installations in India were up by about 117% in the third quarter of 2020 (Q3 2020), with about 295 MW of installations compared to the previous quarter’s 136 MW, according to data from the Ministry of New and Renewable Energy.
Some of the major developments in the wind sector in 2020 and listed here.