MoP issues amendment in the SBDs for procurement of ISTS through TBCB process to include provisions of aggregate capital cost for HVDC systems

The Ministry of Power (MoP) has issued an amendment in the standard bidding documents (SBDs) for procurement of lnter-state transmission service (ISTS) through tariff based competitive bidding (TBCB) process to include provisions of aggregate capital cost for high voltage direct current (HVDC) systems.

The MoP has noticed that the provisions to derive the technical requirement with respect to HVDC systems (i.e. aggregate capital cost of projects/ aggregate payments received to be met by the bidding company or lead member of the bidding consortium) are not present in the standard request for proposal (Rfp). Accordingly, in consultation with Central Electricity Authority (CEA), the MoP has decided to modify the para of the standard RfP document for including the provisions of aggregate capital cost with respect to HVDC systems. The new provision asks the bidders to specify experience of developing projects in the infrastructure sector in the last five years with aggregate capital expenditure and the capital expenditure of each project. It also specifies costs for high voltage alternate current and HVDC systems.

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