PEDA invites RfP for set up of 500 MW Solar PV Projects under Phase III allocation

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GOLDEN OPPORTUNITY FOR INVESTORS TO SET UP SOLAR POWER PROJECTS IN PUNJAB

Objective: Punjab Energy Development Authority hereinafter referred to as PEDA acting through it Director invites interested Bidders to purchase the RFP document to participate in the bidding process for the selection of Bidder(s) for procurement of 500 MW solar power for long term purchase of power from Grid Connected Solar PV Power Projects through tariff based competitive bidding process for meeting its Renewable Purchase Obligations. The responsibility of the Successful Bidder(s) shall be to supply power to the Procurer(s) as per the terms and conditions of the RFP. This RFP is being invited by PEDA under phase-III of Solar PV Power Projects in Punjab.

Bid must be submitted to PEDA on or before 17:00 hours(IST) on or before 28.07.2015 .The techno-commercial bid will be opened at 11.30 hours on 30.07.2015 in presence of such bidders or their authorized representatives who would like to attend the bid opening. If it is a public holiday on the last date for submission of the Bid, the submission and the receipt of the Bid shall be on the next working day at the place of submission of Bid. The date of opening of financial bid will be intimated later on.

The Bid submitted by the bidder shall remain valid up to one hundred and eighty (180) days after the Bid Deadline (“Bid Validity”).

SUMMARY of BID DOCUMENT

Bid Inviting Company PEDA
Document Description RFP E-Tender notice no. PEDA/ET/15-16/SP/1103
Contract Period 25 Years
Total Capacity of The Bid 500 MW
Method of Procurement Bidding
Maximum Capacity to Bid 150 MW
Minimum Capacity to Bid 50 MW
RFP No.& Date no. PEDA/ET/15-16/SP/1103: 29.06.2015
Pre-bid Conference / Clarification 14.07.2015 at 11.30 A.M
Last date & Time of Submission of tender 28.07.2015 (17.00 Hrs)
Date and time of Bid Opening
(Tecno-Commercial)		 30.07.2015 ( 11.30 Hrs)
Cost of RFP Document Rs. 5000/- (Non refundable fee)
Bid Processing Fee Rs.2,247/- (Non refundable fee)
EMD/ Bid Bond Earnest Money @ Rs. 5 Lakh / MW / Project is to be submitted in the form of Bank Guarantee along with the tender documents valid for 180 days

Method of Submission

Bids are to be submitted in a single closed cover envelope containing Envelope I (Non-Financial Bid) and Envelope II (Financial Bid) each one duly closed separately. Envelope I (Non-Financial Bid) and Envelope II (Financial Bid) should be transcript in the following way;

Envelope I (Non-Financial Bid) Superscript as:

Envelope I: Non-Financial Bid for “Selection of Bidders(s) for Procurement of 500 MW Power from Grid Connected Solar PV Power Projects through Tariff Based Competitive Bidding Process”
Name of the Bidder:

________________________

________________________

________________________

Due for opening on 30.07.2015

Envelope II (Financial Bid) Superscript as:

Envelope II: Financial Bid for “Selection of Bidder(s) for Procurement of 500 MW Power from Grid Connected Solar PV Power Projects through Tariff Based Competitive Bidding Process”

Name of the Bidder:

________________________

________________________

________________________

In Case the Bidder is offering capacity from more than one generation source, the financial bid from different sources should be sealed in separate envelopes mentioning the location in terms of district and state in India and capacity of project applied for and shall be placed in Envelope II.

 EVALUATION CRITERIA

 Bid Evaluation The evaluation process comprises the following four steps:

  • Step I – Responsiveness check
  • Step II – Bid Evaluation of Non-Financial Bid
  • Step III – Evaluation of Financial Bid · Step IV – Successful Bidder(s) selection

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