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NHPC Restricted has launched a young inviting bids for the provision of 1200MW energy from Inter-State Transmission System (ISTS) linked Wind Energy Initiatives underneath Tariff Based mostly Aggressive Bidding (TBCB) in Tranche-2. The bid submission deadline is about for February 28, 2024, at 5:30 PM, with the bid opening scheduled for March 4, 2024, at 11:30 AM.
In line with NHPC’s announcement, the chosen Wind Energy Builders/Wind Energy Turbines (WPD/WPG) will likely be chargeable for establishing ISTS linked Wind Energy Initiatives with a minimal challenge measurement of fifty MW and in multiples of 10 MW underneath the OPEN class. The cumulative capability provided by a single bidder, together with its associated entities, is capped at 600 MW, representing 50% of the full contracted capability underneath this Request for Choice (RfS).
NHPC emphasizes a clear and safe bidding course of, using a Single Stage Two Envelope Bidding Course of. The Technical Bid (Envelope-I) and Monetary Bid (Envelope-II) will likely be evaluated through the e-bidding course of carried out on the Central Public Procurement (CPP) Portal.
Upon conclusion of the bidding course of, NHPC intends to enter into Energy Buy Agreements (PPA) with the chosen bidders for the acquisition of Wind energy. The contracted capability is about at 1200 MW, and the Energy Buy Settlement will span a interval of 25 years from the Scheduled Graduation of Provide Date (SCSD) of the challenge. NHPC will act as an middleman nodal company, facilitating the procurement and sale of energy on a back-to-back foundation between the Wind Energy Builders and Shopping for Entities, comparable to State Utilities, Discoms, or different Beneficiaries throughout India. The particular particulars of the Shopping for Entities will likely be communicated at a later date.
