| Work Detail |
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued a Request for Proposal (RFP) to invite bids from eligible consultants to assist in determining tariffs for renewable energy sources. Operating under the Electricity Act of 2003, the MPERC aims to promote renewable energy, and co-generation, and ensure suitable measures for connectivity with the grid. With advancements in renewable energy technologies and updated regulatory frameworks, the Commission seeks to update its tariff determination methods based on its revised regulations and national guidelines. The scope of the consultancy includes preparing an approach paper that reflects technological advancements, regulatory provisions, and stakeholder inputs. The chosen consultant will assist in drafting tariff orders for a variety of renewable energy sources, including solar, wind, biomass, and municipal solid waste projects. They are required to analyze financial, technical, and operational aspects, ensuring compliance with MPERC regulations and national policies. The bid process is outlined meticulously, requiring technical and financial proposals to be submitted in separate sealed envelopes. Detailed criteria, including eligibility requirements and evaluation methods, have been specified. Bidders must demonstrate their expertise in renewable energy tariff determination and regulatory practices, ensuring adequate manpower with relevant experience and technical skills. The consultancy is a time-bound assignment, with a schedule that includes key milestones such as public notices, bid submissions, and evaluation stages. The successful bidder is expected to complete the assignment within three months, with provisions for extensions if necessary. Deliverables include approach papers, draft orders, and financial models, all designed to support transparent and efficient tariff determination. The MPERC emphasizes confidentiality and expects consultants to refrain from using any data or information for purposes other than the assignment. The payment structure is milestone-based, tied to specific deliverables such as methodology approval, draft orders, and final acceptance of the assignment. The Commission reserves the right to reject proposals, modify the scope, or terminate the contract in case of conflicts or non-compliance. This initiative reflects MPERC’s commitment to promoting renewable energy and ensuring fair and transparent tariff structures, aligned with national policies and technological advancements. The selected consultant will play a crucial role in shaping the state’s renewable energy procurement strategy, contributing to sustainable energy development in Madhya Pradesh. |
