|
July 3: Jammu & Kashmir State Power Development Corporation Limited
(JKSPDCL) has invited bids from eligible bidders for implementation of thirteen
small hydro-electric projects (up to 25 MW capacity) on
Build-Own-Operate-Transfer (BOOT) basis. 8The entire bidding and selection process will be based
on the "J&K State Hydroelectric Projects Development Policy 2011". The
policy - applicable to projects of estimated installed capacity between 2 MW and
100 MW - envisages preference to the state subjects for the projects up to 10
MW. 8Pertinently, projects up to 10 MW are reserved for
execution by IPPs owned by permanent residents of Jammu & Kashmir. Ownership
in such cases, for the purpose of qualification, would be defined as equity
holding of more than 50% by J&K permanent residents. 8The projects will be offered for a Concession Period of
35 years from the scheduled Commercial Operation Date (COD), which shall be
fixed while according of Techno Economic Clearance (TEC) by JKSPDCL, after
allowing for suitable construction period from the date of award of the
project. 8JKSPDCL may however extend the Concession Period due to
Force Majeure or reasons beyond the control of the IPP. 8As per the technical criteria stipulated in the bid
document, a bidder must have experience of developing infrastructure projects in
the last 15 years, whose aggregate capital costs must not be less than Rs 0.75
crore per MW, out of which minimum Rs 0.225 crore per MW should be from
projects/project components of hydroelectric/river valley/power projects and the
capital cost of at least one infrastructure project should be equivalent or more
than Rs 0.125 crore per MW. 8The last date for bid submission is September 11, 2012. (Click
on our 'Reports' section for more information) |