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Guidelines for determination of tariff & SBD for ... - Ministry of Power

Guidelines for determination of tariff & SBD for ... - Ministry of Power

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Standard RFP <strong>for</strong> ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1<br />

3.3.1 Evaluation <strong>of</strong> Bidder’s Qualification will be carried out based on the in<strong>for</strong>mation<br />

furnished by the Bidder as per the prescribed Format 4.6 and related documentary<br />

evidence in support <strong>of</strong> meeting the Qualification Requirements as specified in Clause<br />

2.1. Non-availability <strong>of</strong> in<strong>for</strong>mation and related documentary evidence <strong>for</strong> the<br />

satisfaction <strong>of</strong> Qualification Requirements may cause the Bid to be non-responsive.<br />

3.4 Step III - Evaluation <strong>of</strong> Financial Bid<br />

3.4.1 Financial Bids (Envelope II) <strong>of</strong> the Qualified Bidders shall be opened in presence <strong>of</strong> the<br />

representatives <strong>of</strong> such Qualified Bidders, who wish to be present, as per the timelines<br />

indicated in Clause 2.14, or such other date as may be intimated by Procurer/<br />

Authorized Representative to the Bidders. The evaluation <strong>of</strong> Financial Bid shall be<br />

carried out based on the in<strong>for</strong>mation furnished in Envelope II (Financial Bid).<br />

Provided however, in case Envelope II <strong>of</strong> only one Qualified Bidder OR two Qualified<br />

Bidders having any affiliate company or companies <strong>of</strong> the Procurer(s) remain(s) after<br />

the responsiveness check (Step I), the Envelope II <strong>of</strong> such Bidder(s) shall not be opened<br />

and the matter shall be referred to Appropriate Commission and the selection <strong>of</strong> the<br />

Successful Bidder shall then be at the sole discretion <strong>of</strong> the Appropriate Commission.<br />

3.4.2 The Financial Bids submitted by the Bidders shall be scrutinized to ensure con<strong>for</strong>mity<br />

with the provisions <strong>of</strong> Clause 2.4.1.1 (B) <strong>of</strong> this RFP. Any Bid not meeting any <strong>of</strong> the<br />

requirements as per Clause 2.4.1.1 (B) <strong>of</strong> this RFP may cause the Bid to be considered<br />

“Non-responsive” at the sole decision <strong>of</strong> the Procurer/ Authorized Representative.<br />

Financial Bid not in con<strong>for</strong>mity with the requirement <strong>of</strong> Sl. No. (iv) and (x) <strong>of</strong> Clause<br />

2.4.1.1 (B) <strong>of</strong> this RFP shall be rejected.<br />

3.4.3 The Bidders shall quote the different components <strong>of</strong> Tariff as specified in Format 4.10.<br />

Based on the Quoted Tariff provided by the Bidders, the Levelized Tariff shall be<br />

calculated <strong>for</strong> the term <strong>of</strong> the PPA as per the methodology mentioned below.<br />

3.4.4 For the purpose <strong>of</strong> comparison <strong>of</strong> Financial Bids, the escalable components <strong>of</strong> Quoted<br />

Tariff <strong>of</strong> each Bidder shall be uni<strong>for</strong>mly escalated as per the relevant inflation /<br />

escalation rates mentioned below. For the actual Tariff payment, such factors shall be<br />

applied as per the provisions <strong>of</strong> the PPA.<br />

Head Value<br />

General<br />

1. Annual escalation rate<br />

applicable to Quoted<br />

Escalable Capacity Charge<br />

2. Discount Rate <strong>for</strong><br />

computation <strong>of</strong> Levelized<br />

Tariff<br />

3. Annual escalation rate<br />

applicable to normative<br />

Transmission Charges<br />

Captive Coal Block/ Linkage Based Coal<br />

This shall be the rate notified by CERC<br />

applicable on the day which is seven (7) days<br />

prior to Bid Deadline<br />

This shall be the rate notified by CERC<br />

applicable on the day which is seven (7) days<br />

prior to Bid Deadline<br />

This shall be the rate notified by CERC<br />

applicable on the day which is seven (7) days<br />

prior to Bid Deadline<br />

………..[Insert name <strong>of</strong> Procurer / Authorized Representative ] Page 52

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