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SECI issue Tender for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding – EQ

SECI issue Tender for Supply of 80 MW Power on Short-Term Basis Through Tariff-Based Competitive Bidding – EQ

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Summary:

## **1. Key Details at a Glance**

| Parameter | Detail |
|———–|——–|
| **RfP No.** | SECI/C&P/IPP/17/0001/26-27 dated 01.04.2026 |
| **Power to be supplied** | 80 MW |
| **Duration** | 01 April 2026 to 30 June 2026 (3 months) |
| **Time of supply** | 18:00 hrs to 24:00 hrs daily |
| **Delivery point** | State Periphery (Tripura) |
| **Bidding system** | Single Stage – Two Envelope (Techno-commercial + Financial) followed by e-Reverse Auction |
| **Total capacity to one bidder** | Entire 80 MW to a **single successful bidder** |
| **Energy sources allowed** | Any mix: thermal, solar, wind, hydro, hybrid, BESS, storage, etc. |
| **Tariff type** | Single composite tariff (INR/kWh), constant, no escalation |
| **Bid validity** | 20 days from bid submission |
| **Governing law** | Indian law; courts at New Delhi have exclusive jurisdiction |

## **2. Financial & Security Requirements**

| Item | Amount / Details |
|——|——————|
| **Bid Processing Fee** | INR 40,000 + GST (NEFT/RTGS) |
| **EMD (Earnest Money Deposit)** | INR 7,500 per MW per month → For 80 MW × 3 months = **INR 18,00,000** (as BG/e-BG) |
| **Contract Performance Guarantee (CPG)** | INR 50,000 per MW per month → For 80 MW × 3 months = **INR 1,20,00,000** (as BG) |
| **SECI Trading Margin** | INR 0.07/kWh (charged to TSECL) |
| **Liquidated Damages (LD)** | 20% of tariff for deviation >15% of contracted energy (monthly requisition basis) |
| **Penalty for third-party sale** | Higher of: (a) twice the tariff, or (b) full third-party sale revenue + debarment from exchanges |

## **3. Qualification Criteria (Simplified)**

– Bidder can be a **generator, trader, or utility**.
– **Minimum 10 MW** from a **single source** of generation.
– **Firm power** must be offered for the entire duration.
– **Traders** must submit:
– Copy of inter-State trading license.
– Executed back-to-back PPA for equivalent firm supply.
– **Undertaking** to provide monthly energy transfer statement certified by SLDC/appropriate authority.

## **4. Bidding & Auction Process**

1. **Techno-commercial bid** (First Envelope) – includes Annexures, eligibility, EMD scan, fee payment proof.
2. **Financial bid (IPO)** (Second Envelope) – single tariff in INR/kWh (3 decimals).
3. **Elimination rule**: If total quoted quantity > 2× requisitioned quantity, highest bidder (H1) eliminated.
4. **e-Reverse Auction**:
– Starts within 120 minutes of IPO opening.
– Duration 120 minutes, with **auto-extension of 10 minutes** if a lower bid is received in last 10 minutes.
– Bid decrement: **INR 0.01 or multiples**.
– Lowest tariff bidder after e-RA wins.
5. **Tie-breaking**: Earlier bid submission time wins; if still tied → draw of lots.

## **5. Important Operational Clauses**

– **Open access (T-GNA) charges** up to delivery point: borne by **bidder**; beyond delivery point: borne by **TSECL**.
– **No escalation** in tariff during contract period.
– **Deviation settlement** (monthly):
– Buyer deviation >15% → Buyer pays 20% of tariff for excess shortfall.
– Seller deviation >15% → Seller pays 20% of tariff for excess shortfall.
– **Payment security mechanism** – as per standard PPA/PSA documents.

## **6. Submission Process (Online + Offline)**

**Online (mandatory) on ISN-ETS portal** (`https://www.bharat-electronictender.com`):
– Digitally signed techno-commercial bid + financial bid (electronic form only).
– Pass-phrase for each bid part (submitted in Time Locked Electronic Key Box after deadline).

**Offline (to be submitted within 2 working days after bid deadline)**:
– Original Bank Guarantee for EMD.
– Pass-phrases in sealed envelope.

**Note:** If offline EMD BG not received within 2 days, bid is **cancelled** (processing fee forfeited, EMD returned).

## **7. Documents to Be Submitted (Key Annexures)**

– **Annexure-I**: Bidder details, trading license, source LOAs, pending litigation.
– **Annexure-II**: Tariff declaration (including ISTS charges/losses, waiver applicability).
– **Annexure-III**: EMD Bank Guarantee format.
– **Annexure-IV**: Non-collusion certificate.
– **Annexure-V**: Bid withdrawal undertaking (15 days validity post e-RA).
– **Annexure-VI**: CPG Bank Guarantee format (for successful bidder).

For more information please see below link:

Anand Gupta Editor - EQ Int'l Media Network