Average reading time for this story is 2 minutes
NTPC Renewable Energy Limited (NTPC REL) invites online bids from eligible bidders for Selection of Developers for ISTS Connected Energy Storage Solutions of 3000 MWh with 500 MW (Min) Capacity (anywhere in India). The bidding process shall be followed by eReverse Auction.
NTPC REL intends to avail Energy Storage facility to meet its RE RTC(Round the Clock) complementing with Wind/solar generation profile under Service Model from ISTS connected energy storage solutions with capacity of 3000 MWh with 500 MW(min) capacity at any location in India, through Global Competitive Bidding Process (conducted online followed by reverse auction).
Last Date for receipt of bids comprising both Techno-Commercial Bid and Price Bid is 11.03.2022 15:00:00 (IST) and the bid will be open on the same date at 15:30:00 (IST).
All bids must be accompanied by Earnest Money Deposit for an amount calculated at the rate of INR 12,00,000 per MW (Indian Rupees Twelve Lakh per MW) and in the form as stipulated in the RfS Documents.
After conclusion of bidding process NTPC REL shall enter into energy storage service agreement on annual fixed charge basis with the selected Bidders for a period of 25 years based on the terms, conditions and provisions of the RfS.
The project shall be set up by the developer on Build Own Operate (BOO) basis. The power generated by any of the RE projects of NTPC REL shall be used for the charging
of the ESS project and NTPC REL shall utilize above energy storage facility, on a “On-Demand” basis, suited to its requirements during the peak and off-peak hours to meets its RE-RTC power requirement.
The project size will be of minimum 600 MWhr with 100 MW(min) capacity. Bidders can quote capacities in the following manner:
1) 600 MWh with 100 MW (min) capacity.
2) 1200 MWh with 200 MW (min) capacity.
3) 1800 MWh with 300 MW (min) capacity.
4) 2400 MWh with 400 MW (min)capacity.
5) 3000 MWh with 500 MW (min)capacity
Already commissioned projects cannot be considered under this RfS. Projects under construction or projects which are not yet commissioned will however be considered in
case these projects are not already accepted under any other Central or State Schemes. Enhancement and augmentation of already commissioned Projects, irrespective of their capacities will not be considered as eligible Project under this scheme.
Any ‘Bidder from a country which shares a land border with India’, as specified in the Bidding Documents, will be eligible to bid in this tender only if bidder is registered with the Competent Authority as mentioned in the Bidding Documents.
However, the said requirement of registration will not apply to bidders from those countries (even if sharing a land border with India) to which the Government of India has extended lines of credit or in which the Government of India is engaged in development projects.