India Procurement News Notice - 66358


Procurement News Notice

PNN 66358
Work Detail Rajasthan Urja Vikas and IT Service Limited (RUVITL) plans to secure procurement of thermal power up to 3200 MW capacity and solar power up to 8000 MW capacity through a Tariff-based Competitive Bidding Process. The last date to submit the bids is June 24, 2024, with bid opening scheduled for the same day. RUVITL will engage in Power Purchase Agreements (PPAs) with the solar developers chosen through competitive bidding for a total capacity of 8000 MW. The electricity will be sourced from solar plants situated in Rajasthan, and the PPA duration will span 25 years. This tender covers the purchase of solar and coal-based electricity. Bidders must obligatorily offer both capacities in their entirety; otherwise, such bids will be deemed non-responsive. Financial bids will be opened for both tenders. It should be emphasized that only those bidders who have been approved for both technical bids—thermal and solar separately—will be able to participate in the financial bid associated with the Solar RFS. For coal-based power, the following bidding documents will be distributed: Request for Qualification (RFQ) – Design, Build, Finance, Own, and Operate (DBFOO) Request for Proposal (RFP) – DBFOO Draft Power Sale Agreement (PSA) For solar power, the following bidding documents will be circulated: Request for Selection (RFS) Draft Power Purchase Agreement (PPA)
Country India , Southern Asia
Industry Energy & Power
Entry Date 07 May 2024
Source https://solarquarter.com/2024/05/06/rajasthan-urja-vikas-and-it-service-ltd-initiates-competitive-bidding-for-3200-mw-thermal-and-8000-mw-solar-power-procurement/

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