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The establishment of a 10MW/40MWh five standalone Battery Energy Storage Systems (BESS) in the state of Uttar Pradesh near Vrindavan, Mathura, has been put out to bid by the Uttar Pradesh Power Corporation Ltd. (UPPCL).
The deadline to submit a proposal for this battery energy storage system project is December 26, 2022, and bids will be opened on December 27.
The project will be established in Hasayan, Dasna, Boner, Jalesar, and Vrindavan. The projects will be set up for a 12-year period under the build, own, operate, and transfer (BOOT) model.
The work scope of this tender is to choose battery energy storage system developers (BESSD) for the installation of a 40 MWh (10 MW x 4 hours) storage system in a designated load center in Uttar Pradesh for “on Demand” consumption under the tariff-based competitive bidding process.
The Battery Energy Storage Purchase Agreement (BESPA) must be signed, and the work must be finished within 18 months.
The project will be situated close to the intra-state network’s accessible 132/33 kV substation. The transmission licensee that owns the designated substation will be responsible for the identification and allocation of the land. The developer will be given the land on a lease or right-to-use basis. Any energy source, including traditional energy sources, may be used to charge the BESS.
Each interested bidder will be required to pay a non-refundable tender document cost of Rs. 25,000. Additionally, there will be document processing costs of Rs. 100,000 for each interested bidder.
Furthermore, an earnest money deposit (EMD) of Rs. 740,000/MW is required of each prospective bidder. Also, before signing the BESPA, winning bidders have to submit a Performance Bank Guarantee (PBG) of Rs. 1.11 million/MW per project.
The bidders must have prior experience in the last 5 years putting up a project with a standalone battery energy storage system. Construction of transmission lines, design, installation, switchyard/substation bays, testing and commissioning, supply, operation, and maintenance are all required components of the projects.
A net worth of Rs. 11.6 million/MW and a minimum yearly turnover of Rs. 2.9 million/MW of stated capacity are requirements for bidders to participate in the tender. The bidder’s net worth from the previous fiscal year should be positive.
Further, a minimum of Rs. 580,000/MW of stated capacity must be generated internally through Profit Before Depreciation, Interest, and Taxes (PBDIT).
In the event of a commissioning delay, the entire PBG amount for the project will be encashed on a daily basis and in proportion to the remaining capacity not commissioned.