DEVELOPMENT OF ULTRA MEGA POWER PROJECTS Shyam Wadhera Director (Projects) Power Finance Corporation Ltd. 11 th May, 2006.

Slides:



Advertisements
Similar presentations
PRE-QUALIFICATION/ SHORT LISTING OF CONSULTANTS PRE-QUALIFICATION/ SHORT LISTING OF CONSULTANTS.
Advertisements

ASARECA Procurement guidelines Goods and Works. PROCUREMENT OF GOODS By P rocurement and C ontracting Officer ITAZA MUHIIRWA.
Petroleum, Chemicals and Petrochemicals Investment region (PCPIRs) Specialty Chemicals Conclave
1 Follow Up Items  What are Unbalanced Bids?  What are Best Value Contracts?  Analysis of Contract Approval Limits.
DEVELOPMENT OF ULTRA MEGA POWER PROJECTS A MAJOR INITIATIVE UNDER POWER SECTOR REFORM Director (Projects) Power Finance Corporation Ltd. Chairman Sasan.
Barriers to Adoption of Clean and Efficient Technologies in the Indian Power Sector: An Analysis Using AHP Anoop Singh, S. C. Srivastava Indian Institute.
1 Presentation on Indian Power Sector Government of India April, 2006.
1 Presentation on Indian Power Sector : Key Issues By R.V. SHAHI Secretary (Power), Government of India November 16, 2006 Power Ministers’ Conference on.
Financial Management & Physical Progress 11 th September, 2012.
REC Mechanism: Opportunity for Investment in Wind Power Dr. Govind Bhagwatikar Siemens Limited: Wind Power Renewable Energy 2012 Wind Conference Pune,
1 Presentation on Indian Power Sector Government of India June, 2006.
12-May-151 Khan Younis Waste Water Treatment Plant Management Arrangements Khan Younis Waste Water Treatment Plant Management Arrangements.
Procurement and Tendering Presentation to [NAME OF CLIENT] [YOUR NAME] [DATE]
THE DEVELOPMENT OF THE BRONKHORSTSPRUIT BIOGAS PROJECT
1 Business Opportunities Istanbul, Turkey 30 April 2010 Asian Development Bank.
Lecture(3) Instructor : Dr. Abed Al-Majed Nassar
PUBLIC PROCUREMENT PROCESS
ZHRC/HTI Financial Management Training
WELCOME TO THE PROCUREMENT SEMINAR Procurement and Contracts An Overview of Contract Administration.
AfDB - EBRD Joint conference in procurement reform in North Africa and SEMED Countries Marrakech 22 and 23 April 2013 Jordan Delegation 22-23/4/2013.
VIRGINIA PUBLIC-PRIVATE EDUCATION FACILITIES AND INFRASTRUCURE ACT OF 2002 (PPEA) Augusta County Board of Supervisors Wednesday, January 6, 2009.
Energy Regulation Legislation in Sri Lanka
CHAPTER 4 The strategic Planning function รศ. ดร. เสรี วงษ์มณฑา.
PROCUREMENT POST REVIEW OF WORLD BANK FINANCED PROJECTS IN INDIA October 11, 2007.
The Republic of Sudan Ministry of Finance & National Economy General Directorate for Public Procurement, Contracting & Disposal of Surplus Public Procurement.
Scheme of Assistance for Working Women Hostel MINISTRY OF WOMEN AND CHILD DEVELOPMENT GOVERNMENT OF INDIA.
FAO/WHO Codex Training Package Module 3.2 FAO/WHO CODEX TRAINING PACKAGE SECTION THREE – BASICS OF NATIONAL CODEX ACTIVITIES 3.2 How to develop national.
IAEA Activities Related to Bidding and Bid Evaluation
Key Observations of the Post Review of Procurement carried out by Development Partners and TSG Consultants 24 th Review Meeting of State FCs- Delhi (3.
CDM Status in Pakistan Dr. Syed Sajidin Hussain Clean Development Mechanism Cell Ministry of Environment, Government of Pakistan
The World Bank Group Ashish Khanna India Energy Team Leader South Asia Sustainable Development.
United Nations Procurement Division
1 Monitoring and Evaluation of Rural Development Programmes The Ministry of RD has put in place a comprehensive, multi-level, multi-tool system of Monitoring.
Public Procurement Reforms
Thailand’s Preparation for Starting a Nuclear Power Program Mr. Pricha Karasuddhi Technical Advisor Nuclear Power Program Development Office(NPPDO) Ministry.
UNDP Bangladesh Procurement Fair Objectives of the Fair; - UNDP Procurement principles; - Procurement plan ; - UNDP Procurement Roadmap;
Autonomy of National Statistical Offices Presentation by: V.K. Bajaj Dy. Director General Ministry of Statistics & PI Government of India.
HAPUA WG No.5 (ESI Services) Updates The WG2, 5, 6 and Chairman of APGCC Meeting Jakarta, Indonesia ● 26 February 2009 By WG 5 Project Coordinator: MR.
PROJECT DIRECTORS CONFERENCE 8 JULY 2013 States Readiness condition for graduating to AAP Role of District Administration and concurrent evaluation of.
Power Trading The Indian electricity sector has grown manifold since independence making India the third largest producer of electricity in Asia. The installed.
PPP Legal & Regulatory Framework. PPP Policy In July 2008 GOK approved the PPP policy directive through which: PPPs are identified as a method for investing.
Ministry of Science, Technology and the Environment, Malaysia CLEAN DEVELOPMENT MECHANISM: MALAYSIA’S EXPERIENCES BY DR NADZRI YAHAYA DEPUTY DIRECTOR CONSERVATION.
AN OVERVIEW IN RESPECT OF CPP’S ON ALL INDIA BASIS.
New Challenges for the Power Sector 18 th India Power Forum On 17 th November, 2015, Hotel Imperial, New Delhi Presentation by: Shri V. S. Ailawadi – IAS.
QUOTE “We live in a post war world. Today shooting wars are exception. But are we entering an era of Resource Wars?. And energy is the principal resource.
 Contract by Public Authority for provision of asset and/or services  With private entity  Private finance used to fund asset/service  Long-term in.
Presentation on Capacity Addition targets for X th Plan MINISTRY OF POWER 2 nd May 2002.
TEN-T Executive Agency and Project Management Anna LIVIERATOU-TOLL TEN-T Executive Agency Senior Programme and Policy Coordinator European Economic and.
Ministry of New and Renewable Energy Government of India 1 11th January, 2016.
AN OVERVIEW IN RESPECT OF CPP’S IN SOUTHERN REGION STATES.
24x7 Power For All A Joint Initiative by Government of India And State Governments State Governments.
Infrastructure Development Corporation Limited Risk Mitigation through Project Development Focus on Safer Airplanes in addition to better Parachutes Pradeep.
RFPEG Belize 2013 Public Utilities Commission. Objectives of RFPEG Belize 2013 PUC Act: Section 22 (1)It shall be the duty of the Commission to ensure.
Real Time Gross Settlement and Regional Banking Integration Tim Masela, Assistant General Manager: National Payment System Department, South African Reserve.
DEVELOPMENT OF LARGE SCALE SOLAR ENERGY PROJECTS Seethapathy Chander Chair, Energy Committee Asian Development Bank.
BOS 1 Procurement of Goods and Works Asian Development Bank Business Opportunities.
1 A Single Window EC System of Ministry of Environment, Forest and Climate Change, Government of India.
Procurement Management
Designated National Authority
12.2 Conduct Procurements The process of obtaining seller responses, selecting a seller and awarding the contract The team applies selection criteria.
National Hydrology Project
Makerere University Investors Conference
Public Private Partnerships
PROCUREMENT POLICIES AND GUIDELINES
UNIT 1 B ROLE OF ENTREPRENEUR.
Procurement Planning Mani Ram Gelal
United Nations Procurement Division
We recommend to Buy with a price target of 2900 &
Presentation to the Parliamentary Portfolio Committee
Roles and Responsibilities
Presentation transcript:

DEVELOPMENT OF ULTRA MEGA POWER PROJECTS Shyam Wadhera Director (Projects) Power Finance Corporation Ltd. 11 th May, 2006

THE CONCEPT: DEVELOPMENT OF LARGE GENERATION PROJECTS THROUGH COMPETITIVE BIDDING Setting up of large projects of 4000 MW at a single location: ensuring economies of scale Utilisation of super critical technology: ensuring higher efficiency and lower CO 2 emissions Award of projects to developer through tariff based competitive bidding : ensuring cheaper power

THE APPROACH Guidelines for determination of tariff through bidding process were issued on 19 th January, 2005 under Section 63 of the Electricity Act, These provide for procurement of power by Distribution Licensees through competitive bidding Separate SPVs for each project to undertake project development activities including bid process management on behalf of procurers

TECHNICAL FEATURES Utilisation of higher efficiency super critical technology with unit size of 800 MW Station capacity of about 4000 MW (5x800 MW) Flexibility re: unit size to be permitted, subject to meeting thermal efficiency requirements

SITE SELECTION Site selection by CEA taking into consideration availability of fuel, land and water etc. 5 suitable locations identified based on preliminary scrutiny by CEA of a number of potential sites available in the country : Two pithead locations based on domestic coal. Sasan in MP Akaltara in Chhattisgarh Three coastal locations based on imported coal. Mundra in Gujarat Girye in Maharashtra Tadri in Karnataka One additional pithead site in Orissa and one coastal site in Andhra Pradesh are also under consideration

LEARNING FROM PAST EXPERIENCE IPP experience in the past highlights critical importance of availability of Reliable fuel supply Environmental clearances Power purchase agreement with payment security for achieving financial closure Shell Companies to obtain statutory clearances and to tie-up inputs

THE SHELL COMPANY CONCEPT PFC identified as the nodal agency Shell Companies set up as wholly owned subsidiaries of PFC. Each Company to work independently to reach a stage where major tie-ups, statutory clearances and linkages are in place. Selection of developer through tariff based ICB. Shell companies will then be transferred to the successful bidders for execution of projects.

ROLE OF MINISTRY OF POWER Ministry of Power to be facilitator Co-ordination with concerned Ministries/ Agencies and State Govts. for ensuring: Coal block allotment/ coal linkage Environment/ forest clearances Facilitate acquisition of land Required support from State Govt. & its agencies on various issues Financial closure by Financial Institutions To facilitate PPA and proper payment security mechanism with State Govt./ State utilities Monitoring the progress of shell companies w.r.t predetermined timelines

ROLE OF SHELL COMPANIES Shell Companies to take action for: Appointment of Consultants to undertake preparation of Project Report Initiate land acquisition proceedings Obtain coal linkages/ allocation of captive coal blocks for pit- head projects. Allocation of water by the State Govt. for pit-head locations Approval for use of seawater from Maritime Board/ other Govt. Agencies for coastal locations Appointment of Consultants for International Competitive Bidding (ICB), document preparation & evaluation. Contd..

ROLE OF SHELL COMPANIES …. Contd. Obtain various approvals and statutory clearances. Tie up for off-take/ sale of power as per provisions of Section 63 of EA Initiate action for development of the power evacuation system and undertake system studies considering the addition of capacity from these projects

BIDDING PROCESS For the purpose of selection of a developer, a two stage selection process has been adopted. The first stage of bidding will involve Request For Qualification (RFQ) containing qualifying criteria for selection of bidders to participate in the second stage. The second stage of bidding will invite Request For Proposals (RFP) from the qualified bidders which will further be evaluated by the SPVs with help of appointed consultants. The RfQ and RfP documents will conform to Competitive Bidding Guidelines of the Govt. of India

TIME SCHEDULE FOR FIRST TWO PROJECTS ActivityDate Notice for EoI for Sasan/ Mundra / Submission of EoI for Sasan/ Mundra28-Feb-2006 Issue of RFQ Documents for Sasan/ Mundra 31-Mar-2006 Submission of Bids (RFQ)01-June-2006 Issue of RFP Documents15-June-2006 Submission of Bids (RFP)15-Nov-2006 Selection of Developer/ Transfer of SPV31-Dec-2006

ACTIONS TAKEN BY SHELL COMPANIES Issuance of EOI: Sasan (MP) 31-Jan-2006 Mundra (Gujarat) 01-Feb-2006 Girye (Maharashtra) 28-Feb-2006 Tadri (Karnataka) 10-Mar-2006 Bidders’ Conference: Sasan & Mundra at New Delhi21-Feb-2006 Girye at Mumbai17-Apr-2006 Site visit for Bidders Sasan and Mundra sites 22 nd to 24 th Feb 2006 The Conference attended by about 35 companies including Overseas Companies and representative of FIs/ Banks. Contd..

ACTIONS TAKEN BY SHELL COMPANIES…. contd Technical Consultants appointed for preparation of Project Reports for 5 projects Studies started by the consultants for Sasan and Mundra Projects. Consultant appointed for preparation of bidding documents and to advise regarding bid process management for the tariff based competitive bidding for Sasan and Mundra projects

SCOPE OF TECHNICAL CONSULTANCY Scope of Work: Topographical Survey Geo Technical Study Area drainage Study EIA Study Socio Economic survey Hydrographic Study (for coastal projects) Completion Schedule: for Sasan & Mundra

Scope of Work:  To prepare documents for Request for Qualification  To assist & advise in carrying out detailed evaluation of RFQ  To prepare documents for Request for Proposal (RFP)  To participate in all Bidders Conference  To Prepare bid evaluation Financial models to carry out analysis of Bid including sensitivity analysis  To assist & advise in detailed evaluation of RFP received  To analyse project risks and advise on risk allocation matrix  To assist & advise in selection of successful developers and participate in negotiations. SCOPE OF BIDDING CONSULTANCY

GOVERNMENT SUPPORT : Support of State Govt: Periodic meetings by Ministry of Power with Senior State Govt. Officials to obtain their support on issues relating to land, water, environment issues Support of Financial Institutions: Meeting taken by Secretary (Power) with Heads of Financial Institutions on Support of Industry: Meeting taken by Hon’ble Finance Minister with Industry Leaders on

GOVERNMENT SUPPORT : …. Contd. Contd.. Support of Govt. of India: Development of Ultra Mega Power Projects discussed in Meeting of Energy Co-ordination Committee Chaired by Hon’ble Prime Minister on Purchase of Power: Meeting taken by Secretary (Power) with Principal Secretaries and Utility Chiefs of purchasing states on Transparent Bidding Process: Bidders’ Conference for Sasan and Mundra projects held at New Delhi on  Broad Qualifying Requirements discussed and consensus evolved

POWER OFF-TAKE S.No.State\ Project ->Sasan (MP)Mundra(Gujarat)Girye(Mah.)Karnataka 1Delhi Uttar Pradesh Uttaranchal Punjab Rajasthan Haryana Madhya Pradesh Chattisgarh Guajarat Maharashtra Karnataka Tamil Nadu Kerala Andhara Pradesh---- TOTAL4000

PAYMENT SECURITY MECHANISM As condition in PPA Letter of credit (LC) by distribution utilities Escrow on the receivables of distribution utilities Direct supply to HT consumers in the unlikely event of default as per provisions of the Electricity Act 2003 to be accepted upfront

Meeting with Secretary (Coal) on regarding allocation of captive coal blocks Meeting with Secretary (Environment) on to emphasise fast track environmental clearance for the Ultra Mega Power Projects Presentation given to Dy. Chairman, Planning Commission on Meeting with Bidders on at New Delhi for clarification of RfQ issues Presentation to Expert Committee (Thermal) of MoEF on A presentation to Chairman and Members, CERC on INVOLVEMENT OF OTHER STAKEHOLDERS Contd..

…..and the Process Continues THANK YOU