Chennai Metro Rail Limited (CMRL) hereby invites interested Bidders to purchase the RfP to participate in the bidding process for the selection of Bidder(s) for supply of Group Captive renewable power to Chennai Metro Rail Limited for long term through tariff based competitive bidding process. The Bidder must provide a bid for the selected generation source based on CMRL‟s requirement as below:
The Bidder must submit their bid for the entire capacity of the chosen generation source, i.e. 72 MU if power provided from Wind energy or 90 MU if power provided from Solar or Hybrid technology. The Bidder may supply the entire quantum from more than one location provided they quote a single tariff for the entire capacity.
Selection of Successful Bidder for the required capacity will be carried out through e-bidding followed by e-Reverse Auction process as stipulated in Clause 3 of this bid document.
CMRL shall enter into a PPA with Successful Bidder for a period of 25 years from the date as per the provisions of PPA. The maximum tariff payable to the Project Developer is fixed at INR 3.50/ kWh for 25 years. The responsibility of the Successful Bidder(s) shall be to supply power to the Off-taker(s) as per the terms and conditions of the PPA.
Qualification Requirements:
The Bidder must meet the Qualification Requirements independently as Bidding Company or as a Bidding Consortium with one of the Members acting as the Lead Member of the Bidding Consortium or as an individual or Sole Proprietorship or Partnership firm. Further, a Bidding Consortium can participate in the bidding process if any Member of the Consortium has purchased the NIT. Bidder will be declared as a Qualified Bidder based on meeting the Qualification Requirements specified below and as demonstrated based on the documentary evidence submitted by the Bidder in the Bid.
i. The Bidder should be a company, as defined in the Electricity Act, 2003 and incorporated under the Company’s Act, 1956/2013 and are eligible on standalone basis or as a part of the bidding consortium.
ii. Companies short listed in NIT can also execute the project through a Project Company). However the Project Company has to be formed before signing of PPA. The bidder is required to undertake to furnish evidence of meeting the above eligibility criteria.
iii. “Bidding Partnership Firm” registered as per Partnership Act 1932. The intending bidders should satisfy the following criteria.
iv. Documentary evidence meeting the minimum technical qualification requirement as specified in Clause 2.8.2
Financial criteria
Net worth:
- The Net Worth of the Bidder should be equal to or greater than INR 50 Crores, as on the last date of previous Financial Year, i.e. FY 2018-19
EMD Amount in ₹: Rs 2,00,00,000.00
Tender Fee in ₹: Rs 40,000.00
Bid Submission End Date: 03-Jan-2020, 03:00 PM
Pre-Bid Meeting: 04-Dec-2019, 02:30 PM
