Tata Power Invites Bids for 250 MW Firm and Dispatchable Power
Tata Power-D has issued a tender to procure 250 MW of firm and dispatchable renewable energy (FDRE) from grid-connected RE projects with energy storage system in India. Bid submission ends on June 4, 2025.
May 01, 2025. By Mrinmoy Dey
Tata Power-D will enter into a Power Purchase Agreement (PPA) with the successful bidders for purchase of power for a period of 25 years.
Bidders need to submit INR 25,000 (plus GST) as a tender document fee. Further, they need to deposit INR 2 lakh (plus GST) as a bid processing fee. Bidders need to furnish a sum equivalent to a cumulative of INR 9.28 lakh/MW for the solar component, INR 12.64 lakh/MW for the wind component and INR 3.66 lakh/MW for the ESS component.
The last date for submission of bids is June 4, 2025. The techno-commercial bids will be opened on June 6, 2025.
The minimum quantum of power that can be offered by the bidder will be 50 MW and the maximum quantum of power will be 250 MW.
However, for projects located in North-Eastern States or projects connected to Maharashtra InSTS, the minimum quantum of contracted capacity that can be offered by a bidder will be 25 MW, clarified the tender. It further added that the contracted capacity must be quoted in multiple of 10 MW only.
The net worth of the bidder must be equal to or greater than INR 1.226 crore/MW of the quoted capacity, as on the last date of previous financial year, i.e. FY 2024-25 or as on the day at least 7 days prior to the bid submission deadline.
Additionally, the bidder must have a minimum average annual turnover of INR 1.839 crore/MW of the quoted capacity during the last three financial years.
Alternatively, the bidder must demonstrate internal resource generation capability, in the form of Profit Before Depreciation Interest and Taxes (PBDIT) for a minimum amount of INR 36.78 lakh/MW of the quoted capacity as on the last date of previous financial year or as on the day at least 7 days prior to the bid submission deadline.
Alternatively, the bidder must produce an in-principle sanction letter from the lending institutions/banks of the bidder, committing a Line of Credit for a minimum amount of INR 76.625 lakh/MW of the quoted capacity, towards meeting the working capital requirement of the project.
please contact: contact@energetica-india.net.
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