The Nepal Electricity Authority (NEA) released a tender for grid-connected 800 MW solar power projects in the countrty. The power generated from the plants will be sold to NEA for 25 years through a tariff-based competitive bidding process, with the successful bidder responsible for supplying the power via a power purchase agreement.
The tender document sets out the sites and substations at which the projects can be developed and connected. The maximum total capacity available under the tender isolars 800 MW. Proposed project sizes shall be a minimum of 1 MW for connection to a DCS substation and 10 MW for connection to the grid.
Applicants may submit a bid for one or more projects with a cumulative capacity not exceeding 150 MW. The deadline to submit proposals has been extended to July 9. Nepal had 115 MW of installed solar at the end of 2023, according to figures from the International Renewable Energy Agency (IRENA).
The project is to be commissioned within 18 (Eighteen) months for the Project equal to or less than 10 MW and 24 (Twenty-Four) for the project above 10 MW from the date of signing of PPA between the project Developer and Procurer.
The eligible bidders can submit the bid for a single or more project with a cumulative capacity not exceeding 150 MW. Evaluation will be done for each package/lot, with contracts awarded based on the award combination is of the least cost to the Purchaser.
