NTPC Launches Tender for 1200 MW Firm and Dispatchable Renewable Energy Supply

India's leading power utility, NTPC Limited, has issued an open tender, inviting bids from renewable energy (RE) power generators to supply 1200 MW of firm and dispatchable power. The sourced power will originate from inter-state transmission system (ISTS)-connected renewable energy projects across India. This initiative aims to bolster India's renewable energy capacity while guaranteeing a dependable peak power supply.

This International Competitive Bidding process, designated with the IFB No. NTPC/RE-CS/2024-25/FDRE-01, seeks proposals from eligible bidders on a Built-Own-Operate basis. Interested parties can participate in the bidding process, which will follow a Single Stage Two Envelope format comprising Technical and Financial bids, along with a Reverse Auction.

NTPC has provided detailed information about the upcoming tender process. This includes the Tender Search Code, identified as NTPC-2024-TN000006, as well as the RfS No, denoted as NTPC/RE-CS/2024-25/FDRE-01. The Bid Document Download Schedule is set to run from June 7, 2024, to June 28, 2024, until 5 pm. Interested parties must note that the Pre-Bid Conference and Query Submission Deadline is scheduled for July 2, 2024, while the Bid Submission Deadline is July 23, 2024, at 2 pm. The Technical Bid Opening is slated for the same day at 2:30 pm. Furthermore, the start of the Reverse Auction will be communicated separately by NTPC. It's important to be aware that the Cost of RfS Documents totals INR 22,500. Additionally, the Earnest Money Deposit (EMD) will be calculated based on the bidder's quoted capacities for solar, wind, and energy storage components. 

[Earnest Money Deposit = [INR 11,58,000 x Rated cumulative Installed Capacity of Solar component (MW) as quoted by bidder + INR 13,86,000 x Rated cumulative Installed capacity of Wind component (MW) as quoted by the bidder + INR 4,80,000 x Rated cumulative Installed Capacity of the ESS component (MWh) as quoted by the bidder]

Moreover, Micro and Small Enterprises (MSEs) with UDYAM registration are exempted from certain submission requirements, including RfS document costs, processing fees, and EMD. This exemption is also applicable to consortiums if all members are registered as MSEs.

The bidders from countries sharing a land border with India must be registered with the Competent Authority, as specified in the bidding documents. However, this registration requirement does not apply to bidders from countries with whom India has extended lines of credit or engaged in development projects.

Interested bidders are urged to ensure timely download of official RfS documents from the designated portal using the Tender Search Code to facilitate bid submission.