- Vedanta Limited has come out with an expression of interest (EoI) to procure solar and wind power for its JV partners from the oil industry - CEHL and ONGC
- Interested bidders need to supply 31 million kWh of solar power and 50 million kWh of wind power annually to Mangala Processing Terminal (MPT) in Barmer of Rajasthan between January 1, 2018 to January 31, 2021
- Cairn Energy Hydrocarbons Limited (CEHL) wants to procure renewable power on a short term basis to meet its renewable purchase obligation (RPO)
- Interested parties have 15 days from the date of issuing of EoI (November 27, 2017) to register on the website of Cairn
Indian metal mining company Vedanta Limited has issued an expression of interest (EoI) for supply of solar and wind energy in Rajasthan. It is looking for 31 million kWh of solar power per annum on short term basis for the period between January 1, 2018 to January 31, 2021; it also asks for 50 million kWh of wind power annually.
The company is seeking pre-qualification from bidders who can supply solar and wind power to the Mangala Processing Terminal (MPT) in Barmer, Rajasthan on behalf of itself and its joint venture partners from the oil industry – Cairn Energy Hydrocarbons Limited (CEHL) and Oil and Natural Gas Corporation Limited (ONGC).
Vedanta Limited’s division, Cairn Oil & Gas is the operator of onshore block RJ-ON-90/1, which contains a number of major oil discoveries including the Mangala, Bhagyam and Aishwariya Fields.
This renewable energy needs to be connected to the 220 KV substation at MPT which is owned by Cairn, which wants to procure the power on a short term basis to meet its renewable purchase obligation (RPO). Its requirement of solar power is expected to grow from 25 million kWh in year 2017-18 to 65 million kWh in year 2020-21; the wind power need is expected to grow from 50 million kWh in year 2017-18 to 90 million kWh in year 2020-21.
Interested solar or wind power generators owning plants in Rajasthan or inter/intra state license operators can participate in the pre-qualification round. The scope of work includes arranging all the necessary clearances, permits including that for open access, state load dispatch centre (SLDC), state transmission company and PGCIL for the supply of power.
Bidders should own the solar or wind power plants and in case of a license operator, it should have a back-to-back agreement with the power generator. They should have available surplus capacity equivalent to the quantity required by the company from the identified plant commissioned on or before the date of bid submission, for the purpose of supplying power to Cairn.
Interested bidders need to click ‘Evince Interest’ link against corresponding EOI for solar or wind power, separately on the website of Cairn India within 15 days of the publication of the EoI. The EoI was published on November 27, 2017.
Cairn India is an Indian oil and gas exploration and production company. It merged with Vedanta in April this year.
In December 2016, a subsidiary of the Vedanta Group announced foraying into solar energy by setting up 115 MW solar energy projects.