Tenders Issued to Develop ISTS Network for Evacuating 18 GW of Renewable Power in Gujarat

The last date to submit the bids online is July 8, 2022

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REC Power Development and Consultancy Limited (RECPDCL) has issued four global tenders to build interstate transmission systems (ISTS) on a build, own, operate, and transfer basis at Khavda pooling station under Phase II- (Part A-D) in Gujarat. The transmission infrastructure is to evacuate 18 GW of renewable energy.

A fifth tender has been floated to expand the transmission network in Gujarat with the integration of renewable energy projects at Khavda’s potential renewable energy zone.

The last date to submit the bids online for all the tenders is July 8, 2022. Bids will be opened on the same day.

The program comprises Khavda Pooling Station 2 – Lakadia – Ahmedabad – South Gujarat/Navsari (New) 765kV D/c corridor. A 3x1500MVA, 765/400kV Ahmedabad substation will be established along with the Line In Line Out (LILO) of Pirana (PG) – Pirana (T) 400kV D/c line at Ahmedabad substation and reconductoring of Pirana (PG) – Pirana (T) line.

The projects must be completed within 24 months.

The transmission service provider will ensure that the design, construction, and testing of all equipment, facilities, components, and systems of the project align with the provisions of the transmission service agreement and guidelines issued by the central government.

The transmission service provider should ensure the transfer of all project assets, substation land, right of way, and clearances to the central transmission utility (CTU) after 35 years from the project’s commercial operation date. The transfer should be completed within 90 days after 35 years from the project’s commercial operation date, failing which CTU will be entitled to take over the project assets.

Part A

Under Part A, RECPDCL has invited bids to select a transmission service provider through a tariff-based competitive bidding process to establish an ISTS network to evacuate 4.5 GW of renewable power at the Khavda pooling station under Phase II- Part A.

Within ten days from the date of issue of the letter of intent, the selected bidder, on behalf of the transmission service provider, should provide the contract performance guarantee of ₹190.8 million (~$2.45 million) to the nodal agency

 The bidder should have experience developing projects in the infrastructure sector in the last five years with an aggregate capital expenditure of not less than ₹6.36 billion (~$81.66 million). However, the capital expenditure of each project must not be less than ₹1.27 billion (~$16.31 million).

The technically evaluated entity should have received aggregate payments of not less than ₹6.36 billion (~$81.66 million) from its clients for fully completed construction works during the last five financial years. However, the payment received from each project should not be less than ₹1.27 billion (~$16.31 million).

The bidder’s net worth should be not less than ₹2.54 billion (~$32.61 million).

Part B

Under Part B, RECPDCL has invited bids to select a transmission service provider through a tariff-based competitive bidding process to establish an ISTS network to evacuate 4.5 GW of renewable energy at the Khavda pooling station under Phase II- Part B.

Within ten days from the date of issue of the letter of intent, the selected bidder, on behalf of the transmission service provider, should provide a contract performance guarantee of ₹300 million (~$3.85 million) to the nodal agency.

For the tender under Part B, the bidder should have experience developing projects in the infrastructure sector in the last five years with an aggregate capital expenditure of not less than ₹10 billion (~$128.4 million). However, the capital expenditure of each project should not be less than ₹2 billion.

The technically evaluated entity should have received aggregate payments of not less than ₹10 billion (~$128.4 million) from its clients for fully completed construction works during the last five financial years. However, the payment received from each project should not be less than ₹2 billion (~$25.68 million).

The bidder’s net worth should be not less than ₹4 billion (~$51.36 million).

 Part C

 In another tender, RECPDCL has invited bids to select a transmission service provider through a tariff-based competitive bidding process to establish an ISTS network to evacuate 4.5 GW at the Khavda pooling station under Phase II- Part C.

Within ten days from the date of issue of the letter of intent, the selected bidder, on behalf of the transmission service provider, should provide the nodal agency a contract performance guarantee of ₹399 million (~$5.12 million).

To participate in the tender, the bidder should have experience developing projects in the infrastructure sector in the last five years with an aggregate capital expenditure of not less than ₹13.3 billion (~$170.77 million). However, the capital expenditure of each project should not be less than ₹2.66 billion (~$34.15 million).

The technically evaluated entity should have received aggregate payments of not less than ₹13.3 billion (~$170.77 million) from its clients for fully completed construction works during the last five financial years. However, the payment received from each project should not be less than ₹2.66 billion (~$34.15 million).

The bidder’s net worth should be not less than ₹5.32 billion (~$68.31 million).

Part D

Under part D, RECPDCL has invited bids to select a transmission service to establish an ISTS network to evacuate 4.5 GW of renewable energy at the Khavda pooling station under Phase II- Part D.

Within ten days from the letter of intent, the selected bidder, on behalf of the transmission service provider, should provide the nodal agency a contract performance guarantee of ₹30 million (~$385,200).

The bidder should have experience developing projects in the infrastructure sector in the last five years with an aggregate capital expenditure of not less than ₹5 billion (~$64.2 million). However, the capital expenditure of each project should not be less than ₹1 billion (~$12.84 million).

The technically evaluated entity should have received aggregate payments of not less than ₹5 billion (~$64.2 million) from its clients for fully completed construction works during the last five financial years. However, the payment received from each project should not be less than ₹1 billion (~$12.84 million).

The bidder’s net worth should be not less than ₹2.5 billion (~$32.1 million).

Fifth tender

In another tender, RECPDCL has invited bids to select a transmission service provider to establish an ISTS network for the transmission network expansion in Gujarat associated with integrating renewable projects at the Khavda potential renewable energy zone.

Within ten days from the date of issue of the letter of intent, the selected bidder, on behalf of the transmission service provider, should provide the nodal agency a contract performance guarantee of ₹240 million.

The bidder should have experience developing projects in the infrastructure sector in the last five years with an aggregate capital expenditure of not less than ₹8 billion (~$102.72 million). However, the capital expenditure of each project should not be less than ₹1.6 billion (~$20.54 million).

The technically evaluated entity should have received aggregate payments of not less than ₹8 billion (~$102.72 million) from its clients for fully completed construction works during the last five financial years. However, the payment received from each project should not be less than ₹1.6 billion (~$20.54 million).

The bidder’s net worth should be not less than ₹3.2 billion (~$41.08 million).

In February this year, RECPDCL issued global tenders to build two ISTS projects on a BOOT basis to evacuate 21.5 GW of renewable energy.

Earlier, RECPDCL had floated two tenders to establish transmission systems for renewable power evacuation in the Rajgarh district of Madhya Pradesh and Gadag district of Karnataka.

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