MP Power Management Company releases RFP for 150 MW Solar Power Plants

MP Power Management Company Limited. (MPPMCL) invites sealed responses from interested Companies/Partnership Firms/ Limited Liability Partnership and/or Bidding Consortium for Selection of Successful Bidder(s) for setting up of 150 MW of Solar Power Project(s) for supply of solar power for 25 years through a competitive bidding process. The minimum capacity that could be offered by the Bidders is 2MW and maximum capacity that could be offered is 150 MW.

  • Total tender Capacity: 150 MW
  • Minimum Bid : 2 MW
  • Maximum Bid   : 150 MW
  • RFP Fees: Rs 25,000/- one time .
  • Processing Fees: Non refundable Rs 1,00,000 per generating source
  • Bid Bond: Rs 20 Lakh/MW to be returned on submission of Contract Performance Guarantee (CPG)
  • CPG: Rs 30 Lakh/MW to be submitted within 30 days of Letter of Intent
  • Qualification criteria: Net worth Rs 2 cr per MW.
  • Commissioning Timeline:  Solar Project of capacity up to 25MW, commissioning  shall be within 12 months from the date of financial closure. Above 25 MW, commissioning shall be within  18  months  from  the  date  of  financial  closure
  • Technical Qualification: If  the  Capacity  offered  by  the  bidder  is  more  than  5MW,  the  bidder  should have experience of  commissioned/synchronized least 1/4th of the capacity  of  solar  projects  being  offered  or  5  MW  whichever  is  lower, either as Project  Developer  or  as  EPC  contractor.  The  successful  commissioning  of  the solar  plant  should  be certified   by  generating  certificate/commissioning certificate  issued  by  the  state  utility/SLDC  or  any other  relevant  authority.  The capacity has to be commissioned/ synchronized with  grid on or before 7 days of the  due  date  for  submission  of  response  to  the  RFP. The  Bidder  may  seek Technical capability of its Parent /Ultimate Parent and / or it’s Affiliate(s) for the purpose of meeting this Qualification. In case of consortium, at least one of the Members or its Parent / Ultimate  Parent  and  /  or  its Affiliate(s)  shall  meet  this requirement.
  • If the  Capacity bid by the bidder is less than or equal to 5MW, commissioning / synchronization experience is not required
  • Financial Closure: 6 months from PPA date
  • Pre Bid Meeting: 20thApril’15

Click below for the documents

Tenders-Tender_NIT_Solar150MW_6_29032015 Tenders-Tender_RFP_Solar_150MW_6_29032015

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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