Bharat Petroleum floats tender for 15 MW solar, non-solar RE projects
POWER & RENEWABLE ENERGY

Bharat Petroleum floats tender for 15 MW solar, non-solar RE projects

Bharat Petroleum Corporation (BPCL) has floated a tender to procure 15 MW of solar and non-solar renewable energy on a short-term open access basis for its refinery in Mahul, Mumbai.

The duty of the successful bidder would be to provide solar or non-solar renewable power to BPCL according to the terms of the power purchase agreement (PPA) and the bidding agreement.

The last date of presenting the tenders is 23 June 2021, and the pre-bid meeting will be on June 10.

The seller must bid for a minimum of 15 MW solar or non-solar renewable power on a round-the-clock basis with planned delivery from 1 July 2021. The agreement will be valid from July 1, 2021 to March 31, 2022. The estimated power to be obtained is approximately 98.64 million units.

According to the bidding documents, the seller is accountable for shifting solar or non-solar renewable power from the production source to the delivery location. Bharat Petroleum, in its role, will not be responsible for any problem associated with network restrictions, power production, and supply concerns at the seller’s end and before the point of delivery or any other problem until the contract is valid.

The tariff rated by the seller will be the basic rate per unit of electricity at the delivery location and will remain fixed for the complete duration of the contract. As mentioned in the PPA, the seller has to submit a bank guarantee within a week of signing the contract or issuing the letter of purpose.

The bank guarantee to be presented must be equivalent to Rs 0.45 per kWh for the renewable purchase obligation target corresponding to double the units calculated to be supplied through this agreement.

To join in the bidding process, the bidder should have the ability to provide the contract capacity at the delivery point on a round-the-clock basis from a solar or non-solar renewable power source. Alternatively, the bidder should possess and function generating units with an established capacity equivalent to at least double the contract capacity and supply the contract capacity to the company on a round-the-clock basis.

The bidder should provide the firm with renewable power for the entire contract period without any restriction for producing and supplying power to Bharat Petroleum.

If the bidder has its own approved capacity for solar and non-solar renewable power and excess capacity to provide up to 15 MW renewable power, he should reveal its commercial operation date and present the documents verifying that the project has convincingly provided at least 15 MW solar or non-solar renewable power on a round-the-clock basis for at least nine months since the past seven years.

If the bidder is a trading licensee and intends to supply power on a medium-term basis under a bilateral model, the trading licensee should have executed exclusive PPA for at least nine months per the bidding document.

If the bidder plans to supply energy on a medium-term basis under the group captive model, the bidder should guarantee that the generating units from which power is to be supplied are certified as a captive generating unit by the state electricity regulatory commission, where the unit is established. The bidder's net worth must be at least Rs 15 million per MW of the agreed capacity, which amounts to Rs 225 million in each of the last three years. The average annual turnover of the bidder for the past three financial years should not be less than Rs 106.2 million.

If the bidder aims to supply power under the group captive program, then the bidder has to join a tripartite investment agreement, which will be between Bharat Petroleum, the seller, and the promoters of the seller company.

Earlier, Bharat Petroleum had issued two bids to obtain renewable power through open access from solar and non-solar projects for its Mumbai refinery. The firm had floated the bids to acquire 26.35 million units from solar energy projects and 39.52 million units of non-solar renewable power on a short to medium-term basis.

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Also read: Indian Railways invites bids for 15 MW solar project with battery storage

Also read: Maharashtra to generate 17,385 MW from solar projects in five years

Bharat Petroleum Corporation (BPCL) has floated a tender to procure 15 MW of solar and non-solar renewable energy on a short-term open access basis for its refinery in Mahul, Mumbai. The duty of the successful bidder would be to provide solar or non-solar renewable power to BPCL according to the terms of the power purchase agreement (PPA) and the bidding agreement. The last date of presenting the tenders is 23 June 2021, and the pre-bid meeting will be on June 10. The seller must bid for a minimum of 15 MW solar or non-solar renewable power on a round-the-clock basis with planned delivery from 1 July 2021. The agreement will be valid from July 1, 2021 to March 31, 2022. The estimated power to be obtained is approximately 98.64 million units. According to the bidding documents, the seller is accountable for shifting solar or non-solar renewable power from the production source to the delivery location. Bharat Petroleum, in its role, will not be responsible for any problem associated with network restrictions, power production, and supply concerns at the seller’s end and before the point of delivery or any other problem until the contract is valid. The tariff rated by the seller will be the basic rate per unit of electricity at the delivery location and will remain fixed for the complete duration of the contract. As mentioned in the PPA, the seller has to submit a bank guarantee within a week of signing the contract or issuing the letter of purpose. The bank guarantee to be presented must be equivalent to Rs 0.45 per kWh for the renewable purchase obligation target corresponding to double the units calculated to be supplied through this agreement. To join in the bidding process, the bidder should have the ability to provide the contract capacity at the delivery point on a round-the-clock basis from a solar or non-solar renewable power source. Alternatively, the bidder should possess and function generating units with an established capacity equivalent to at least double the contract capacity and supply the contract capacity to the company on a round-the-clock basis. The bidder should provide the firm with renewable power for the entire contract period without any restriction for producing and supplying power to Bharat Petroleum. If the bidder has its own approved capacity for solar and non-solar renewable power and excess capacity to provide up to 15 MW renewable power, he should reveal its commercial operation date and present the documents verifying that the project has convincingly provided at least 15 MW solar or non-solar renewable power on a round-the-clock basis for at least nine months since the past seven years. If the bidder is a trading licensee and intends to supply power on a medium-term basis under a bilateral model, the trading licensee should have executed exclusive PPA for at least nine months per the bidding document. If the bidder plans to supply energy on a medium-term basis under the group captive model, the bidder should guarantee that the generating units from which power is to be supplied are certified as a captive generating unit by the state electricity regulatory commission, where the unit is established. The bidder's net worth must be at least Rs 15 million per MW of the agreed capacity, which amounts to Rs 225 million in each of the last three years. The average annual turnover of the bidder for the past three financial years should not be less than Rs 106.2 million. If the bidder aims to supply power under the group captive program, then the bidder has to join a tripartite investment agreement, which will be between Bharat Petroleum, the seller, and the promoters of the seller company. Earlier, Bharat Petroleum had issued two bids to obtain renewable power through open access from solar and non-solar projects for its Mumbai refinery. The firm had floated the bids to acquire 26.35 million units from solar energy projects and 39.52 million units of non-solar renewable power on a short to medium-term basis. Image Source Also read: Indian Railways invites bids for 15 MW solar project with battery storage Also read: Maharashtra to generate 17,385 MW from solar projects in five years

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