Myanmar’s Ministry of Electricity and Energy recently rejected requests from prospective bidders in regards to 1060 MW solar farm tender. The bidder has requested to extend its one-month deadline due to the COVID-19 crisis and unfavorable conditions.
According to a recent document released by the Electric Power Generation Enterprise (EPGE), it does not consider any extension of Bid Submission Date.
The clarification of the invitation to bid was issued as part of the tender document, according to a letter from the EPGE.
“As the COVID-19 pandemic continues, potential foreign bidders and suppliers are not able to inspect the sites associated with this tender, nor are they in a position to prepare a thorough response to the tender.”,European and US chambers of commerce in Yangon said in their letter.
The letter stated that “For companies that are considering this opportunity with any kind of financing option, with local or foreign lenders, the current deadline of June 18 is impossible to support,”. Myanmar’s Ministry of Electricity and Energy (MOEE) had recently invited bids for ground-mounted solar power projects from independent power producers (IPP) on a build-operate-own (BOO) basis.The period of completion is 20 years from the commercial operation date (COD) and along with the bid bidder were asked to submit the tender fee of 300,000 Myanmar Kyat.30 substations and power projects are designated as connection points for the projects.