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GOVERNMENT OF
PAKISTAN
MINISTRY OF
WATER AND POWER
(PRIVATE POWER
AND INFRASTRUCTURE BOARD )
Press Release
TARIFF BIDS
OPENED FOR 1021 MW FAST TRACK RENTAL POWER PROJECTS
Islamabad 21
March, 2009.
The
financial proposals of bids received for
fast track rental power projects to be commissioned by end 2009
were opened today in a meeting held at Private Power and
Infrastructure Board (PPIB),
chaired by
the Managing Director PPIB Mr. Fayyaz Elahi, and attended by all
Directors of PPIB, the “Responsive Bidders”, and members of the
evaluation committee as per 2005 GOP Tariff Guidelines.
The bid evaluation committee had earlier
declared eight (8) bids i.e. 73.92 MW AVS (Pvt) Ltd, a Tapal Group
Project, 138 MW Intermash-Stolitsa of Russia., 170 MW MHK Energy (Pvt)
Ltd, 63.81 MW Premier Energy (Pvt) Ltd, 220 MW Reshma Power
Generation Ltd, 170 MW Ruba Energy Pakistan (Pvt) Ltd, 85 MW Sialkot
Rental Power, and 100 MW Trimax Power (Pvt) Ltd, as “Responsive”
after evaluation of envelope-I (Technical/Financial qualification).
The
read out tariff of AVS (Pvt) Ltd a Tapal Group Project is US cents
13.5878/kWh, Intermash-Stolitsa of Russia is US cents 18.9655/kWh,
MHK Energy (Pvt) Ltd is US cents 13.9615/kWh, Premier Energy (Pvt)
Ltd is US cents 13.264/kWh, Reshma Power Generation Ltd is US cents
13.7539/kWh, Ruba Energy Pakistan (Pvt) Ltd is US cents 13.8557/kWh,
Sialkot Rental Power is US cents 13.423/kWh and Trimax Power (Pvt)
Ltd is US cents 14.0276/kWh. The term of the tariff for all these
projects is sixty (60) months each. The tariff bids will now be
evaluated by the bid evaluation committee and qualified bidders will
be notified after approval of the tariffs by GOP.
In
order to address the immediate power shortfall in the country, the
government approved its “Fast Track Rental Power Projects”
initiative which was advertised on 23rd December 2008 on
the basis of international competitive bidding. Ten (10) bids for
establishing fast track rental power project of 1191 MW cumulative
power generation capacity were received within the bid submission
deadline, and the technical and financial qualifications envelopes
were opened on 16th February, 2009 in the presence of
Bids Evaluation Committee, senior officials of PPIB and bidders.
The
Bid Evaluation Committee has been mandated to process these bids in
a timely manner so as to issue Letters of Award to the successful
bidders by end April 2009. These Rental Power Projects are expected
to start their operation by end 2009. |
