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Kerala State Electricity Board (KSEB) has released a 340 MW cumulative capacity procurement tender from November 1, 2022, to May 31, 2023. This short-term tender contains 100 MW of wind, 140 MW of solar, and 100 MW of hydroelectric capacity to satisfy its Renewable Purchase Obligations (RPO), which will aid in meeting the renewable objective.
Solar projects have time until September 12, 2022, to submit their online bids, while wind and hydro projects have until September 13, 2022. On September 13, all proposals will be opened.
Each interested bidder will be required to pay a non-refundable bid document cost of Rs. 15,000 and Rs 30,000/MW per month as an earnest money deposit. Additionally, winning bidders must additionally provide a bank guarantee of Rs.200,000/MW every month for the duration of the contract.
The procurement document specifies that 10 MW is the minimum bid quantity for all bidders.
The pooling substation will be the delivery location for power transmission inside the state, while the KSEB interconnection with the Central Transmission Utility in the southern area, will be the delivery location for electricity transmission between states.
Sellers must provide a 2% reduction on energy bills to KSEB in exchange for prompt payment. However, any outstanding sums shall bear an annual surcharge of 15% after the expiration of 30 days from the payment due date. This fee would be computed on a daily basis for each day of the delay.
The actual schedule would be monitored by both parties to ensure that it did not deviate from the agreed open access monthly by more than 15% of the contracted power.
If the divergence from the procurer surpasses 15% of the contractual energy for which open access has been given each month, the procurer shall pay compensation at 20% of the rate per kWh for the amount of deficit above the permissible deviation of 15% while continuing to pay open access costs.
The seller is required to make up the difference by paying the procurer at a rate of 20% of the tariff per kWh for the energy that was not provided if the seller’s deviate from the agreed-upon quantity of energy exceeds 15% of the contractual amount, for which open access has been awarded monthly.