Techno-Commercial Consultant for Solarization of Feeders in Madhya Pradesh


  • SOLICITATION NUMBER: 0002009957
  • INSTITUTION:  IFC
  • ASSIGNMENT LOCATION: India
  • ISSUE DATE AND TIME: Jun 25,2024 10:51
  • CLOSING DATE AND TIME: Jul 11,2024 23:59

International Finance Corporation (IFC) is in discussions with Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for transaction advisory services to structure and bid out distributed solar plants aggregating to a capacity of up to 3000 MW on Public Private Partnership (PPP) mode. The solar plants will be connected to pre-identified distribution substations to supply power directly to distribution lines; i.e. feeders. The Project will be implemented in two bid packages; as follows - i) Bid package 1: Development of distributed solar power plants aggregating to a capacity of up to 950 MW and connecting to agriculture feeders at pre-identified distribution substations. This will be implemented under Component-C of the PM-KUSUM Scheme of Government of India; ii) Bid package 2: Development of distributed solar power plants aggregating to a capacity of up to 2050 MW and connecting to agriculture/ mixed feeders at pre-identified distribution substations. The projects in the Bid package 2 will be implemented under a scheme of the Government of Madhya Pradesh. The implementation of Bid package 1 will commence immediately and Bid package 2 will be started subsequently after reasonable progress has been made in Bid package 2. In this context; IFC is seeking the services of a specialized team of Techno-Commercial Consultant that will assist IFC with technical and commercial structuring and due diligence of the two bid packages; which will include preparation of formats for suitability of substation assessment; define criteria for shortlisting substation; review of shortlisted substations as per data collected by consultants appointed by MPUVNL; clustering of substations into packages; assess if a structure similar to solar parks could be developed for these projects where revenue land and basic infrastructure can be provided by MPUVNL for a group of substations; preparation of a comprehensive Standard Operating Procedure (SOP) tailored for the KUSUM-C Scheme which focuses on metering procedures;CEIG approvals required for plant; lines; connectivity; operationalization; etc.; develop a financial model; recommend commercial arrangement for reactive power provided by the project to maintain power factor and voltage; analysis of dispatch and coordination of power; cost benefit analysis; assessment of credit profile; designing an incentive framework for farmers under the PM-KUSUM Scheme; commercial and regulatory diligence; including grid connectivity; metering; scheduling; load profile; energy accounting; identification of technical approvals; climate risk assessment; development of performance specifications for the private sector; definition of technical qualification criteria and technical evaluation of the proposals received in the competitive bidding process.

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