MP Power Management Company (MPPMCL) releases RFP for 150 MW Solar Power Plants through Reverse Bidding process

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. We at EnvironmentFirst Energy Services (P) Limited are helping interested parties in total process of reverse bidding and EPC consulting. The pre bid meeting is proposed on 20th April 2015. Our Indore office is facilitating the bidding process. Important highlights of the Bid documents are as given below

  • 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