PFC floats tender for evacuation of 6 GW of power for green hydrogen projects

PFC Consulting has issued bids for establishing transmission systems to evacuate a total of 6 GW of power for green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The last date to submit bids for the Kandla project under Phase 1 is December 17, 2024, with bid openings scheduled for the same day. For the Mundra project (Phase 1: Part B1), the last submission date is December 18, 2024, with bids also opened the same day. Both projects are to be executed on a build, own, operate, and transfer basis, including tasks such as surveys, detailed project reports, financing, project management, securing necessary permits, land compensation, design, engineering, procurement, construction, erection, testing, and commissioning.

For the Kandla Transmission Project, bidders must provide an earnest money deposit of Rs 256 million and a document fee of Rs 500,000 plus 8 per cent GST. The bidders must have completed infrastructure projects over the last five years with a total capital expenditure of at least Rs 12.8 billion, with each project having a capital expenditure of at least Rs 2.56 billion. Alternatively, they should have received payments totalling Rs 12.8 billion for infrastructure projects in the last five years, with each project receiving payments of at least Rs 2.56 billion. In the past three financial years, the bidders’ net worth should be at least Rs 5.12 billion.

For the Mundra transmission project, bidders must also pay a document fee of Rs 500,000 plus 8 per cent GST. They should have experience in infrastructure development with a total capital expenditure of at least Rs 9.1 billion over the last five years, with each project’s expenditure not being less than Rs 1.82 billion. Alternatively, they should have received payments totalling Rs 9.1 billion for infrastructure projects in the last five years, with each project receiving payments of at least Rs 1.82 billion. The required net worth of the bidders must be at least Rs 3.64 billion in the last three financial years.