BPCL floats tender for procuring renewable power through open access

Bharat Petroleum Corporation Limited (BPCL) has issued two tenders for procuring renewable energy through the open access route for its Mumbai refinery. BPCL is looking to procure 26.35 MUs of power from solar energy projects, and 39.52 MUs of non-solar renewable power on a short- to medium-term basis. Companies are expected to quote bids for the electricity supplied at the delivery point. As per the guidelines for the two tenders, the tariff quoted should include transmission losses, transmission charges, scheduling and operational charges, stamp duties, application fees, additional surcharge, and any other applicable charges. However, wheeling charges, cross-subsidy surcharge, regulatory asset charges, electricity duties, tax on the sale of electricity and RPO charges will be borne by BPCL.

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