KSEBL floats tender for 65 MW wind power plants in Kerala

The Kerala State Electricity Board Limited (KSEBL) has invited bids to set up 65 MW of grid-connected wind power projects in Kerala. The interested bidders can submit their bids to develop at least 2 MW and a maximum capacity of 65 MW capacity under a single fixed tariff for 25 years. The energy generated under this contract will be accounted for by the renewable purchase obligation (RPO) of KSEBL. The projects must acquire financial closure in seven months from the date of the power purchase agreement (PPA). The deadline to submit the bids is 20 June and will be opened on 23 June. The bidders must deposit a non-refundable bid submission fee of Rs 29,500 and remit an earnest money deposit (EMD) of Rs 200,000 for 2-10 MW, Rs 300,000 for above 10 MW and up to 50 MW and Rs 500,000 for above 50 MW and up to 65 MW. The winning bidders must pay Rs 100,000/MW as success charges within 30 days of issuing the letter of award. For participating in the bidding, bidders must be listed under the Revised List of Models and Manufactures (RLMM). The bidders must submit a net worth certificate or a solvency certificate for a minimum of Rs 12 million/MW of the quoted capacity. The annual turnover of the bidder should be 6 million/MW of the quoted capacity in any three years of the last five years. The developers will be responsible for receiving wind potential assessment and technical approval from the Agency for Non-Conventional Energy and Rural Technology (ANERT). The developer can install the entire project at a single location or may configure the project as being sub-divided into several blocks in Kerala. The scheduled date for the commissioning of the project will be 18 months from the effective date of the PPA. The maximum time for commissioning the total project capacity will be 270 days from the scheduled date. For any delays in commissioning the project beyond the scheduled date, liquidated damages equal to the total EMD will be encashed per day and proportionate to the balance capacity not commissioned. Image Source Also read: Kerala and Maharashtra to allot funds to promote renewable energy