1. EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
GOLDEN OPPORTUNITY FOR INVESTORS TO SET UP SOLAR POWER PROJECTS IN PUNJAB
Objective: Punjab Energy Development Authority hereinafter referred to as PEDA acting through it
Director invites interested Bidders to purchase the RFP document to participate in the bidding process
for the selection of Bidder(s) for procurement of 500 MW solar power for long term purchase of power
from Grid Connected Solar PV Power Projects through tariff based competitive bidding process for
meeting its Renewable Purchase Obligations. The responsibility of the Successful Bidder(s) shall be to
supply power to the Procurer(s) as per the terms and conditions of the RFP. This RFP is being invited by
PEDA under phase-III of Solar PV Power Projects in Punjab.
Bid must be submitted to PEDA on or before 17:00 hours(IST) on or before 28.07.2015 .The techno-
commercial bid will be opened at 11.30 hours on 30.07.2015 in presence of such bidders or their
authorized representatives who would like to attend the bid opening. If it is a public holiday on the last
date for submission of the Bid, the submission and the receipt of the Bid shall be on the next working
day at the place of submission of Bid. The date of opening of financial bid will be intimated later on.
The Bid submitted by the bidder shall remain valid up to one hundred and eighty (180) days after the Bid
Deadline (“Bid Validity”).
SUMMARY of BID DOCUMENT
Bid Inviting Entity PEDA
Contract Period 25 Years
Total Capacity of The Bid 500 MW
Maximum Capacity to Bid 150 MW
Minimum Capacity to Bid 50 MW
Pre-bid Conference / Clarification 14.07.2015 at 11.30 A.M
Last date & Time of Submission of tender 28.07.2015 (17.00 Hrs)
Date and time of Bid Opening
(Tecno-Commercial)
30.07.2015 ( 11.30 Hrs)
Companies Eligible for Participation in Bid
(i) A company incorporated in India under the Companies Act 1956
(ii) A company incorporated outside India
(iii) Limited Liability Partnership and Limited Liability Companies whether incorporated in India or
outside India Bidding Consortium of maximum three Bidding Companies
Technical Criteria for Bid Participation:
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
GOLDEN OPPORTUNITY FOR INVESTORS TO SET UP SOLAR POWER PROJECTS IN PUNJAB
Objective: Punjab Energy Development Authority hereinafter referred to as PEDA acting through it
Director invites interested Bidders to purchase the RFP document to participate in the bidding process
for the selection of Bidder(s) for procurement of 500 MW solar power for long term purchase of power
from Grid Connected Solar PV Power Projects through tariff based competitive bidding process for
meeting its Renewable Purchase Obligations. The responsibility of the Successful Bidder(s) shall be to
supply power to the Procurer(s) as per the terms and conditions of the RFP. This RFP is being invited by
PEDA under phase-III of Solar PV Power Projects in Punjab.
Bid must be submitted to PEDA on or before 17:00 hours(IST) on or before 28.07.2015 .The techno-
commercial bid will be opened at 11.30 hours on 30.07.2015 in presence of such bidders or their
authorized representatives who would like to attend the bid opening. If it is a public holiday on the last
date for submission of the Bid, the submission and the receipt of the Bid shall be on the next working
day at the place of submission of Bid. The date of opening of financial bid will be intimated later on.
The Bid submitted by the bidder shall remain valid up to one hundred and eighty (180) days after the Bid
Deadline (“Bid Validity”).
SUMMARY of BID DOCUMENT
Bid Inviting Entity PEDA
Contract Period 25 Years
Total Capacity of The Bid 500 MW
Maximum Capacity to Bid 150 MW
Minimum Capacity to Bid 50 MW
Pre-bid Conference / Clarification 14.07.2015 at 11.30 A.M
Last date & Time of Submission of tender 28.07.2015 (17.00 Hrs)
Date and time of Bid Opening
(Tecno-Commercial)
30.07.2015 ( 11.30 Hrs)
Companies Eligible for Participation in Bid
(i) A company incorporated in India under the Companies Act 1956
(ii) A company incorporated outside India
(iii) Limited Liability Partnership and Limited Liability Companies whether incorporated in India or
outside India Bidding Consortium of maximum three Bidding Companies
Technical Criteria for Bid Participation:
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
GOLDEN OPPORTUNITY FOR INVESTORS TO SET UP SOLAR POWER PROJECTS IN PUNJAB
Objective: Punjab Energy Development Authority hereinafter referred to as PEDA acting through it
Director invites interested Bidders to purchase the RFP document to participate in the bidding process
for the selection of Bidder(s) for procurement of 500 MW solar power for long term purchase of power
from Grid Connected Solar PV Power Projects through tariff based competitive bidding process for
meeting its Renewable Purchase Obligations. The responsibility of the Successful Bidder(s) shall be to
supply power to the Procurer(s) as per the terms and conditions of the RFP. This RFP is being invited by
PEDA under phase-III of Solar PV Power Projects in Punjab.
Bid must be submitted to PEDA on or before 17:00 hours(IST) on or before 28.07.2015 .The techno-
commercial bid will be opened at 11.30 hours on 30.07.2015 in presence of such bidders or their
authorized representatives who would like to attend the bid opening. If it is a public holiday on the last
date for submission of the Bid, the submission and the receipt of the Bid shall be on the next working
day at the place of submission of Bid. The date of opening of financial bid will be intimated later on.
The Bid submitted by the bidder shall remain valid up to one hundred and eighty (180) days after the Bid
Deadline (“Bid Validity”).
SUMMARY of BID DOCUMENT
Bid Inviting Entity PEDA
Contract Period 25 Years
Total Capacity of The Bid 500 MW
Maximum Capacity to Bid 150 MW
Minimum Capacity to Bid 50 MW
Pre-bid Conference / Clarification 14.07.2015 at 11.30 A.M
Last date & Time of Submission of tender 28.07.2015 (17.00 Hrs)
Date and time of Bid Opening
(Tecno-Commercial)
30.07.2015 ( 11.30 Hrs)
Companies Eligible for Participation in Bid
(i) A company incorporated in India under the Companies Act 1956
(ii) A company incorporated outside India
(iii) Limited Liability Partnership and Limited Liability Companies whether incorporated in India or
outside India Bidding Consortium of maximum three Bidding Companies
Technical Criteria for Bid Participation:

2. EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
(Newly Incorporated Bidding Company / Existing Bidding Company/Consortium: The
bidding company or in case of consortium, a member thereof should have installed and commissioned
Solar power projects of aggregate capacity 25 MW or higher grid connected capacity which is/are in
operation anywhere in the world before the last date of submission of e-bid. For this purpose, the
Bidder is required to furnish the letter from concerned Nodal Agency / Project Owner/client for
successful commissioning/operation of project before the last date of submission of e-bid.
The Bidders shall deploy commercially successful and operational technology wherein there is at least
one project successfully operational of the proposed technology, for at least one year before the last
date of submission of e - bid, anywhere in the world. The Bidder is required to furnish evidence of
meeting the above eligibility criteria for technology usage before financial closure.
Financial Criteria for Bid Participation:
The existing companies shall meet the financial criteria as stated below:-
Net Worth: Rs. 1,50,00,000/- (Rupees One Crore Fifty Lakh Only) per MW or equivalent US$* per MW of
the capacity. The computation shall be derived from any of the last three year‘s annual accounts.
Net Worth:
= Paid up share capital
Add: Free Reserves
Subtract: Revaluation Reserves
Subtract: Intangible Assets
Subtract: Miscellaneous Expenditures to the extent not written off and carry forward losses.
FEE and BANK GAURANTEES Involved in Bidding
i. Bid Document Fees (Non Refundable)
Rs. 5,000/- (Rupees five thousand rupees)
ii. E – bidding processing fee (Non refundable)
Rs. 2,247/- (Rupees Two Thousand Two Hundred and Forty Seven Only)
iii. Bid Processing Fee (Non Refundable)
Rs. 5,00,000/- (Rupees Five Lacs Only) per bid
(All above fees are non refundable and payable online through IPG / RTGS mode.)
iv. Earnest Money Deposit as per format 6.3 A;
Rs. 5,00,000/- (Rupees Five Lac only) per MW through IPG / RTGS or in the form of bank guarantee
Due Date
The Bidders should upload the response to RfP as specified in e-tender notice by (IST) 28th July 2015 by
5.00 PM.
Time Schedule for Commissioning of Solar PV Power Projects
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
(Newly Incorporated Bidding Company / Existing Bidding Company/Consortium: The
bidding company or in case of consortium, a member thereof should have installed and commissioned
Solar power projects of aggregate capacity 25 MW or higher grid connected capacity which is/are in
operation anywhere in the world before the last date of submission of e-bid. For this purpose, the
Bidder is required to furnish the letter from concerned Nodal Agency / Project Owner/client for
successful commissioning/operation of project before the last date of submission of e-bid.
The Bidders shall deploy commercially successful and operational technology wherein there is at least
one project successfully operational of the proposed technology, for at least one year before the last
date of submission of e - bid, anywhere in the world. The Bidder is required to furnish evidence of
meeting the above eligibility criteria for technology usage before financial closure.
Financial Criteria for Bid Participation:
The existing companies shall meet the financial criteria as stated below:-
Net Worth: Rs. 1,50,00,000/- (Rupees One Crore Fifty Lakh Only) per MW or equivalent US$* per MW of
the capacity. The computation shall be derived from any of the last three year‘s annual accounts.
Net Worth:
= Paid up share capital
Add: Free Reserves
Subtract: Revaluation Reserves
Subtract: Intangible Assets
Subtract: Miscellaneous Expenditures to the extent not written off and carry forward losses.
FEE and BANK GAURANTEES Involved in Bidding
i. Bid Document Fees (Non Refundable)
Rs. 5,000/- (Rupees five thousand rupees)
ii. E – bidding processing fee (Non refundable)
Rs. 2,247/- (Rupees Two Thousand Two Hundred and Forty Seven Only)
iii. Bid Processing Fee (Non Refundable)
Rs. 5,00,000/- (Rupees Five Lacs Only) per bid
(All above fees are non refundable and payable online through IPG / RTGS mode.)
iv. Earnest Money Deposit as per format 6.3 A;
Rs. 5,00,000/- (Rupees Five Lac only) per MW through IPG / RTGS or in the form of bank guarantee
Due Date
The Bidders should upload the response to RfP as specified in e-tender notice by (IST) 28th July 2015 by
5.00 PM.
Time Schedule for Commissioning of Solar PV Power Projects
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
(Newly Incorporated Bidding Company / Existing Bidding Company/Consortium: The
bidding company or in case of consortium, a member thereof should have installed and commissioned
Solar power projects of aggregate capacity 25 MW or higher grid connected capacity which is/are in
operation anywhere in the world before the last date of submission of e-bid. For this purpose, the
Bidder is required to furnish the letter from concerned Nodal Agency / Project Owner/client for
successful commissioning/operation of project before the last date of submission of e-bid.
The Bidders shall deploy commercially successful and operational technology wherein there is at least
one project successfully operational of the proposed technology, for at least one year before the last
date of submission of e - bid, anywhere in the world. The Bidder is required to furnish evidence of
meeting the above eligibility criteria for technology usage before financial closure.
Financial Criteria for Bid Participation:
The existing companies shall meet the financial criteria as stated below:-
Net Worth: Rs. 1,50,00,000/- (Rupees One Crore Fifty Lakh Only) per MW or equivalent US$* per MW of
the capacity. The computation shall be derived from any of the last three year‘s annual accounts.
Net Worth:
= Paid up share capital
Add: Free Reserves
Subtract: Revaluation Reserves
Subtract: Intangible Assets
Subtract: Miscellaneous Expenditures to the extent not written off and carry forward losses.
FEE and BANK GAURANTEES Involved in Bidding
i. Bid Document Fees (Non Refundable)
Rs. 5,000/- (Rupees five thousand rupees)
ii. E – bidding processing fee (Non refundable)
Rs. 2,247/- (Rupees Two Thousand Two Hundred and Forty Seven Only)
iii. Bid Processing Fee (Non Refundable)
Rs. 5,00,000/- (Rupees Five Lacs Only) per bid
(All above fees are non refundable and payable online through IPG / RTGS mode.)
iv. Earnest Money Deposit as per format 6.3 A;
Rs. 5,00,000/- (Rupees Five Lac only) per MW through IPG / RTGS or in the form of bank guarantee
Due Date
The Bidders should upload the response to RfP as specified in e-tender notice by (IST) 28th July 2015 by
5.00 PM.
Time Schedule for Commissioning of Solar PV Power Projects

3. EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
Selection of Solar PV Projects shall be carried out according to the timeline given
below:
Sr. No. Event Date (D)
1 Issue of Letter of Award (LoA) Zero date
2 Signing of Implementation Agreement Within 30 days from the issue of Letter of award
(LoA date + 30 days)
3 Signing of Power Purchase Agreement Within 30 days from the date of Signing of IA
(LoA + 60 days)
4 Financial closure / Financing Arrangement
for the project
Submission of documents for financial closure /
Financing Arrangement within 150 days from
the date of signing of PPA ( PPA + 150 days)
5 Commissioning of the Project 12 months from the date of signing of PPA
6 Extension of 30 days with fee Rs. 20000 /
MW / day
13 months from the date of signing of PPA
7 Further Extension of 60 days with Fee of
Rs. 40,000/MW/day
15 months from the date of signing of PPA
8 After 15 months Right retains with PEDA for forfeiture of
Performance BG
9 Commissioning post performance BG
forfeiture with Liquidated Damages
17 months from date of signing of PPA
For Further Details you can reach us at
EnvironmentFirst Energy Services (P) Ltd.
405 A I Prakrati Corporate I Y N Road I Indore 452001
Branches- Mumbai, Delhi, Jaipur, Panchkula,Chennai
Phone- 0731 6007860, 2970493
E-mail- info@environmentfirst.in
Web- www.environmentfirst.in
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
Selection of Solar PV Projects shall be carried out according to the timeline given
below:
Sr. No. Event Date (D)
1 Issue of Letter of Award (LoA) Zero date
2 Signing of Implementation Agreement Within 30 days from the issue of Letter of award
(LoA date + 30 days)
3 Signing of Power Purchase Agreement Within 30 days from the date of Signing of IA
(LoA + 60 days)
4 Financial closure / Financing Arrangement
for the project
Submission of documents for financial closure /
Financing Arrangement within 150 days from
the date of signing of PPA ( PPA + 150 days)
5 Commissioning of the Project 12 months from the date of signing of PPA
6 Extension of 30 days with fee Rs. 20000 /
MW / day
13 months from the date of signing of PPA
7 Further Extension of 60 days with Fee of
Rs. 40,000/MW/day
15 months from the date of signing of PPA
8 After 15 months Right retains with PEDA for forfeiture of
Performance BG
9 Commissioning post performance BG
forfeiture with Liquidated Damages
17 months from date of signing of PPA
For Further Details you can reach us at
EnvironmentFirst Energy Services (P) Ltd.
405 A I Prakrati Corporate I Y N Road I Indore 452001
Branches- Mumbai, Delhi, Jaipur, Panchkula,Chennai
Phone- 0731 6007860, 2970493
E-mail- info@environmentfirst.in
Web- www.environmentfirst.in
EnvironmentFirst
“Let the Environment be your first Inspiration”
Registered Office: EnvironmentFirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)
info@environmentfirst.in +91 731 6007860 www.environmentfirst.in
Representative Locations: Mumbai, Delhi, Chennai, Ahmedabad, Jaipur, Panchkula
Selection of Solar PV Projects shall be carried out according to the timeline given
below:
Sr. No. Event Date (D)
1 Issue of Letter of Award (LoA) Zero date
2 Signing of Implementation Agreement Within 30 days from the issue of Letter of award
(LoA date + 30 days)
3 Signing of Power Purchase Agreement Within 30 days from the date of Signing of IA
(LoA + 60 days)
4 Financial closure / Financing Arrangement
for the project
Submission of documents for financial closure /
Financing Arrangement within 150 days from
the date of signing of PPA ( PPA + 150 days)
5 Commissioning of the Project 12 months from the date of signing of PPA
6 Extension of 30 days with fee Rs. 20000 /
MW / day
13 months from the date of signing of PPA
7 Further Extension of 60 days with Fee of
Rs. 40,000/MW/day
15 months from the date of signing of PPA
8 After 15 months Right retains with PEDA for forfeiture of
Performance BG
9 Commissioning post performance BG
forfeiture with Liquidated Damages
17 months from date of signing of PPA
For Further Details you can reach us at
EnvironmentFirst Energy Services (P) Ltd.
405 A I Prakrati Corporate I Y N Road I Indore 452001
Branches- Mumbai, Delhi, Jaipur, Panchkula,Chennai
Phone- 0731 6007860, 2970493
E-mail- info@environmentfirst.in
Web- www.environmentfirst.in