EXPRESSION OF INTEREST (EOI)

FROM

STATE ELECTRICITY BOARDS/POWER GENERATION COMPANIES, INDEPENDENT POWER PRODUCERS (IPP), POWER PLANT DEVELOPERS, CAPTIVE POWER PRODUCERS, OR THEIR AUTHORISED REPRESENTATIVES

FOR

"OFFERING THEIR COAL BASED THERMAL POWER PROJECTS FOR POSSIBLE ACQUISITION BY NTPC”

 

EOI No.: BD/M&A/01                                                                Dated:   21.02.2014                                                                                   

 

1.0         Introduction:

India’s largest power company, NTPC has an installed capacity of 42454 MW comprising of 22 Coal based and 8 Gas based projects. NTPC has massive ongoing capacity addition plans with around 20000MW projects under construction. The company is also contemplating increasing its generation assets by means of acquisition of Coal based Power Projects in India and abroad.

2.0         Expression of Interest:

Expression of Interest is invited from State Electricity Boards/Power Generation Companies, Independent Power Producers, Power Plant Developers, Captive Power Producers, or their Authorised Representatives for offering their Operational/Commissioned/Synchronised/Under Construction/under Planning Coal Based Thermal Power Projects (based on domestic, imported as well as mix of domestic and imported coal) in India and abroad having requisite Land, firm Fuel and Water linkages, Statutory clearances and Power Purchase Agreement (PPA) in place for acquisition by NTPC.

3.0         Purpose of Inviting EOI:

Through this EOI, NTPC intends to identify the suitable Power Projects, as specified in Clause 2.0 above, to carryout preliminary due diligence and shortlist these projects which qualify for carrying out detailed due diligence for a possible acquisition.

4.0         Eligibility:

Any State Electricity Board/ Power Generation Company, Independent Power Producer, Power Plant Developer, Captive Power Producer or their Authorised Representatives are eligible for offering their Operational/Commissioned/Synchronised/Under Construction/Under Planning Coal Based Thermal Power Projects having requisite Land, firm Fuel and Water linkages, Statutory clearances and Power Purchase Agreement (PPA) in place.

5.0         Required Information

Interested parties are required to submit the information complete in all respects for attributes specified in the enclosed format (Refer Annexure-A). The furnished information shall be well supported with relevant documents like proof of land possession, copies of Fuel and Water Linkages, PPA entered etc.

 

6.0          Each page of the documents submitted shall be duly authenticated by the applicant.

 

7.0          The language of submission of applications shall be in English.

 

8.0          All Financial Data shall be given in Indian Rupees only.

 

9.0          Prospective parties may submit their ‘Expression of Interest’ along with relevant details as sought in the data sheets in soft form through email latest by 3rd April 2014 followed by three (3) hard copies (1 Original + 2 Photocopies) in a sealed cover super scribing Expression of Interest (EOI) for " OFFERING COAL BASED THERMAL POWER PROJECTS FOR POSSIBLE ACQUISITION BY NTPC” by 7th April 2014 at the address given below:

 

General Manager (Business Development)

NTPC Limited

Core 3, 5th Floor

Scope Complex, Lodhi Road

New Delhi – 110003, India

Email ID: charanjitsingh01@ntpc.co.in or charanjitsingh@ntpceoc.co.in

Phone No. : 011-24368810 

Fax No.     : 011-24360759

 

10.0       Confidentiality

             All information provided by one party to the other in connection with the negotiation or performance of this EOI will be treated as confidential and will not be disclosed to any third party without the other party's prior written consent, which consent may not be unreasonably withheld.

11.0       Disclaimer

Issue of this document does not in any way commit or otherwise oblige NTPC to proceed with all or any part of a tender process. The EOI Request is not the subject of any process contract or any contractual obligations between NTPC and the applicants to the EOI. Further, NTPC may, at its absolute discretion either modify or abandon any part or whole of the document and / or process, without giving prior notice to any or all the applicant.

All Expression of Interest documents, upon submission by any applicant to this EoI shall become the property of NTPC. NTPC is not liable for any costs or compensation in relation to the consideration of this EoI.

 

 

 

 

 

 

 

 

Annexure-A

Format for Submission of Information

Developer/Owner:

 

Name of Project:

 

Capacity:

 

Location:

 

 

Parameters

Details to be filled up by Offerer

(1)     Power Purchase Agreement

a)                    PPA signed for the Project

(Yes/No)

b)                   Basis of PPA

CERC/SERC/Competitive Bidding

c)                    Quantum of power for which PPA has been signed (Whether 100% or 70-99% or 50-70% or <50%)

………….%

d)                   Quantum of power for which PPA is yet to be entered

…………. MW

(2)     Land

a)        Total Land envisaged for the project

…………. Acres

b)       Land acquired and possessed, free from all encumbrances

…………. Acres

c)        Land acquired but to be possessed, free from all encumbrances

…………. Acres

d)       Land under forest area

(Yes/No)

…………. Acres of Forest Land

e)       Land proposed to be acquired

…………. Acres

(3)     Coal

a)       Total coal envisaged  for the project

……….. MMTPA

b)       FSA signed for Long Term Firm Coal Linkage

Yes/No

c)       If yes, quantum, tenure and other specific conditions, if any

 

d)       Is there Captive Mine/ Allocated Mine for the Project

(Yes/No)

e)    If Yes, Capacity of such coal mine, status of clearances/ mine development/ MDO appointment

 

(4)     Statutory Clearances

a)     All clearances Obtained

(Yes/NO)

b)    If No, MOEF Clearance Obtained

(Yes/NO)

(i)                   Forest Clearance Obtained

(Yes/NO)

(ii)                 Clearance from AAI

(Yes/NO)

(iii)                Defense Clearance

(Yes/NO)

(iv)                Mega Project Status Obtained

(Yes/NO)

c)     Enlist clearances yet to be obtained

 

(5)     Water

a)       Total Water envisaged for the Project

……… Cusecs

b)       Water allocation approved from both State and CWC authorities

……… Cusecs

c)       Water allocation approved from State authorities

……… Cusecs

d)       Water allocation approved from CWC authorities

……… Cusecs

e)       Water Linkage yet to be obtained

……… Cusecs

(6)     Project Details

a)       Planned Capacity (Phase wise)

Phase-I: ……..MW

Phase-II: ……..MW

Phase-III: ……..MW

 

b)       Unit size

………. MW

c)       Project Implementation Status

Fully Commissioned/Partly Commissioned/ Under Construction/ Under Planning

(i)                   Capacity under Operation

……………. MW

(ii)                 Capacity under Erection & Commissioning

……………. MW

(iii)                Capacity under planning/ future expansion

……………. MW

d)       Power Evacuation: Details of power evacuation system and its readiness

 

e)       Suppliers for the Project

 

(i)                   Supplier Name, Make of the SG package awarded/ proposed to be awarded

..……..………..

(ii)                 Supplier Name, Make of the TG package awarded/ proposed to be awarded

…….………….

(iii)                Supplier Name, Make of the BoP package(s)  awarded/ proposed to be awarded

…..……………

(iv)                Agency for Erection &Commissioning of the SG Package as above

………………..

(v)                 Agency for Erection &Commissioning of the TG Package as above

……………….

(vi)                Agency for Erection &Commissioning of the BoP Package(s) as above

………………..

(7)     Project Cost

a)       Estimated cost for the project

Rs. …………. Cr

b)       Expected cost of completion

Rs. …………. Cr

c)       Capex incurred till date

Rs. …………. Cr

(8)     Project Financing

d)       Debt/Equity Ratio

 

e)       Source of equity

 

f)        Details of Debt Funding

 

(i)                   Whether the loan agreement has been signed

 

(ii)                 Details of Lenders

 

(iii)                Quantum, tenure, interest rate and other specific conditions of loan agreement

 

(9)     Estimated Cost of Generation

(i)                   First Year Fixed Charge (FC)

Rs……./Unit

(ii)                 First Year Variable Charge (VC)

Rs……./Unit

(iii)                First Year Cost of Generation (FC+VC)

Rs……./Unit

(10) Manpower status for the project

 

a)       Total Manpower on permanent employment

…………. Nos

b)       Total Manpower on Contract Basis

…………. Nos

(11) Legal/R&R/Law & Order issues

c)       Details of pending litigations, if any

 

d)       R&R issues, if any

 

e)       Law & Order issues, if any