SECI Issues Draft RfS For 0.5 mn Green Methanol Capacity
OIL & GAS

SECI Issues Draft RfS For 0.5 mn Green Methanol Capacity

The Solar Energy Corporation of India has issued a draft Request for Selection to identify producers for the production and supply of Green Methanol across India under the Strategic Interventions for Green Hydrogen Transition scheme and Mode-2C-Tranche-I of the National Green Hydrogen Mission. The agency will act as intermediary procurer, purchasing Green Methanol from selected producers and reselling to end procurers under back-to-back agreements. The tender offers a total production capacity of 0.5 mn Metric Tonne (t) per annum.

Bidders must quote a minimum cumulative production and supply capacity of 50,000 t per annum, while the maximum bid capacity for a single bidder is capped at 250,000 t per annum. Projects may be established anywhere in India provided delivery-point requirements in the tender are met. Selection will follow a single-stage, two-envelope competitive bidding system and successful bidders will sign a Green Methanol Purchase Agreement for 10 years.

The draft requires an Earnest Money Deposit of Rs 5,000 per t of the quoted annual production capacity, payable by bank guarantee, payment on order instrument or insurance surety bond, and it must remain valid for nine months from the bid submission deadline. Selected bidders must provide a Performance Bank Guarantee of Rs 7,500 per t of the allocated annual capacity prior to signing the GMPA and pay a non-refundable bid processing fee by NEFT or RTGS.

All important dates and timelines will be published on the ISN-ETS portal, including bid submission deadline, pre-bid meeting schedule and techno-commercial bid opening dates. Hard copies of EMD instruments must reach SECI within two working days after the bid closing date. Bidders are advised to follow prescribed formats and submission requirements to avoid disqualification and note that any amendments or clarifications will be published only on the official SECI website and the ISN-ETS portal.

The Solar Energy Corporation of India has issued a draft Request for Selection to identify producers for the production and supply of Green Methanol across India under the Strategic Interventions for Green Hydrogen Transition scheme and Mode-2C-Tranche-I of the National Green Hydrogen Mission. The agency will act as intermediary procurer, purchasing Green Methanol from selected producers and reselling to end procurers under back-to-back agreements. The tender offers a total production capacity of 0.5 mn Metric Tonne (t) per annum. Bidders must quote a minimum cumulative production and supply capacity of 50,000 t per annum, while the maximum bid capacity for a single bidder is capped at 250,000 t per annum. Projects may be established anywhere in India provided delivery-point requirements in the tender are met. Selection will follow a single-stage, two-envelope competitive bidding system and successful bidders will sign a Green Methanol Purchase Agreement for 10 years. The draft requires an Earnest Money Deposit of Rs 5,000 per t of the quoted annual production capacity, payable by bank guarantee, payment on order instrument or insurance surety bond, and it must remain valid for nine months from the bid submission deadline. Selected bidders must provide a Performance Bank Guarantee of Rs 7,500 per t of the allocated annual capacity prior to signing the GMPA and pay a non-refundable bid processing fee by NEFT or RTGS. All important dates and timelines will be published on the ISN-ETS portal, including bid submission deadline, pre-bid meeting schedule and techno-commercial bid opening dates. Hard copies of EMD instruments must reach SECI within two working days after the bid closing date. Bidders are advised to follow prescribed formats and submission requirements to avoid disqualification and note that any amendments or clarifications will be published only on the official SECI website and the ISN-ETS portal.

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