The Generation Procurement Entity (GPE) is seeking proposals for the supply of up to 100 MW (net) of electricity generation from renewable energy resources on a Build, Own and Operate (BOO) basis. This RFP is an open call for tenders seeking qualified bidders with strong track records in developing renewable power generation projects. Bidders must demonstrate commercial experience having installed, operated and/or maintained at least 33% of the offered net capacity of similar technology within the last 10 years. For hybrid projects, bidders must provide technical experience in all technologies involved.
Key experience and qualification requirements include: (1) Project Experience: Bidders, direct shareholders, and/or first-tier subsidiaries must collectively have installed, operated and/or maintained at least 33% of the offered net capacity of similar renewable technology within the past 10 years; (2) Financial Capability: Audited financial statements for the past three years demonstrating sufficient financial capability, with options to rely on parent entity or equity partner financial statements if needed; (3) Technical Capability and Qualification: Evidence of technical capability within the bidder's organization, shareholders' organization, or associated entities to manage implementation, operation and maintenance of the proposed project facility; (4) Compliance with Ownership Rules: Successful bidders are subject to restrictions on the sale or transfer of shares without Ministry authorization, with limits preventing single entities or controllers from controlling more than 50 MW of net capacity across all power purchase agreements derived from this procurement.
Bidders may rely on the experience and capability of associated entities, including construction contractors hired to build the plant. If relying on shareholders or associated entities, the bidder must identify them and provide written declarations of consent, proof of experience/capability, and supporting power of attorney. Should a successful bidder need to replace associated entities, prior written consent of GPE is required, such consent not to be unreasonably withheld.
Bid evaluation will apply US CPI adjustments to each bid's energy offered price using an estimated annual US CPI of 2.2% for the full 20-year power purchase agreement tenor. Alternative bids submitted by a single bidder will be analyzed and ranked as independent bids. All confidential documents will be treated as such except where economic or technical data is needed for bid evaluation, PPA negotiations, systems analysis, and interconnection considerations, in which case information may be shared with the Ministry of Science, Energy and Technology (MSETT) or the Office of Utility Regulation (OUR).