SJVN Green Energy Invites Bids for 300 MW ISTS-Connected Wind Projects
The last date for the submission of bids is December 7, 2023
November 17, 2023
SJVN Green Energy, a subsidiary of SJVN, has invited bids to develop Inter-State Transmission System (ISTS)-connected wind power projects of up to 300 MW anywhere in India and to operate and maintain them for five years.
The 300 MW will be divided into Project-I, with a capacity of 100 MW, and Project-II, with a capacity of 200 MW. Bidders can participate in either or both projects.
The last date for the submission of bids is December 7, 2023. Bids will be opened the same day.
The scope of the work includes identifying and acquiring land, obtaining statutory clearances, coordinating with government agencies, designing, engineering, procuring, manufacturing, transporting, constructing, and commissioning.
It also involves establishing power evacuation facilities, securing the Right of Way, and managing shared facilities and transmission line erection.
A power purchase agreement has been executed with SECI for the total capacity.
The wind turbine generators to be provided will be selected from the ‘Revised List of Models & Manufacturers’ periodically released by the Ministry of New and Renewable Energy (MNRE).
The bid security or Earnest Money Deposit (EMD) requirements are as follows:
(a) For a total capacity of 100 MW, the EMD is set at ₹43 million (~$516,466)
(b) For a total capacity of 200 MW, the EMD is ₹86 million (~$1.03 million)
(c) For a total capacity of 300 MW, the EMD is ₹129 million (~$1.5 million)
Bidders should have executed grid-connected wind power projects on an engineering, procurement, and construction basis with a cumulative capacity of 30 MW or higher.
At least one project should have a capacity of 10 MW or higher and be operational for a minimum of six months before the tender issuance.
Alternatively, bidders should be grid-connected wind power project developers with a cumulative installed capacity of 30 MW or higher. At least one plant should have a capacity of 10 MW or higher, executed under a single letter of award (LOA) or for a single project, and operational for a minimum of six months before the tender issuance.
Bidders should have manufactured/supplied wind turbine generators (WTG) with a cumulative capacity of 30 MW or higher. The bidder should have an LOA/order for the supply of WTGs for a single project with a cumulative capacity of 10 MW or higher.
Additionally, they should have erected/supervised erection and commissioned/supervised commissioning of grid-connected wind projects with a cumulative installed capacity of 30 MW or higher. At least one plant should have a capacity of 10 MW or higher, executed under a single LOA or for a single project, and operational for a minimum of six months.
Bidders should have an annual average turnover for the last three financial years as follows:
₹2.58 billion (~$30.9 million) for 100 MW (Project-I), ₹5.16 billion (~$61.9 million) for 200 MW (Project-II), and ₹7.74 billion (~$92.9 million) for 300 MW (both Projects)
Bidders must have a positive net worth on the last day of the preceding Financial Year.
Recently, SJVN Green Energy emerged as one of the successful bidders in SECI’s auction of 1.2 GW of ISTS-connected wind power projects (Tranche XIV).
Earlier, MNRE had designated SJVN as the implementing agency responsible for floating tenders for renewable energy projects. It will also act as the intermediary procurer of power and work with other agencies to avoid concurrent bids.
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