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NTPC Issues Tender For 1150 MW Grid Connected Solar PV Project and 150 MW BESS Across Cuba

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growatt01-08-2022

NTPC issued a request for qualification (RfQ) for Selection of Solar Power Developers for setting up of 1150 MW grid connected Solar PV project across 175 locations and 150 MW/150 MWhr BESS at three locations in Republic of Cuba.

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Prospective Bidders, are invited to participate in the RFQ process, to submit their Applications in accordance with the requirements set out in this RFQ document, for the purpose of Qualification in relation to the Project.

The brief scope of work for selected Developer shall include design, financing, construction, installation, commissioning, operation and transfer/dismantling of the Project.

The Developer shall set-up a totally foreign capital company “Empresa de Capital Totalmente Extranjero” (ECTE) for execution of the Project covering above scope. The Project shall be executed on build, own, operate and transfer (“BOOT”) basis and shall be transferred to the Tendering Authority at no additional cost after completion of a period of 25 (twenty-five) years. Tendering Authority and ECTE can also extend the term of operation of the project by extension of the PPA and continue to generate electricity.

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The 1150 MW project shall be broken up into three buckets of around 300 MW each and shall be tendered together. A bidder may participate in any one or two or in all three blocks with a minimum capacity of 50 MW. The bidder who offers minimum tariff for a project with a minimum capacity of 50 MW in a block shall be selected as L1. The other bidders shall be rated as L2, L3 according to their offered tariff. Bucket filling within each of these blocks is also envisaged if the capacity is available and for this, the other interested bidders shall be awarded the capacitiesthey would be bidding (with a minimum capacity of 50 MW in a block) at the tariff that they had offered for that particular bucket.

Similar exercise shall be carried out in other buckets too with the total capacity awarded to each bidder capped by their total net worth as declared at time of RFQ on pro-rata basis.

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Award of any capacity below 50 MW shall be as per the discretion of the Tendering Authority. The 150 MW/150 MWhr BESS at three predefined locations are spread equally in each of the above three blocks that is 50 MW/50 MWhr in each block. The bidder shall also need to factor in the additional cost of setting up the BESS system at time of bidding. The provinces where BESS are located shall be evaluated separately and exact modalities of such bidding process shall be further detailed at time of RFP.

Deadline for the submission of Application is 28.09.2022 Time: 17:30 Hrs (IST)

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