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Saturday, July 30, 2011

UJVN Limited EOI for Joint Venture Formation for Tamak Lata 250 MW HE Project


Uttarakhand Jal Vidyut Nigam Limited has floated a Global Invitation for Expression of Interest for Joint Venture Formation with UJVN Limited for Tamak Lata 250 MW Hydro Electric Project
 
UJVN Limited formerly known as Uttarakhand Jal Vidyut Nigan Limited  is a company incorporated under the Companies Act 1956 by the Government of Uttarakhand on 12th February 2001. Main objective of UJVN Ltd. is to establish takeover, operate and maintain power generating stations harnessing the conventional, non-conventional, nuclear and other sources of energy by what so ever name called that include sub-stations, transmission lines, other ancillaries and activities that are essential for generation, transmission, distribution and trading of power. UJVN Ltd. is one of the large power companies of the country operating more than 33 hydro power stations of different sizes with a combined capacity of 1306 MW and of different vintages up to 100 years. Currently, UJVN Ltd. is in the process of developing 13 large  hydro power projects aggregating to 3276 MW and 22 SHPs aggregating to 182 MW. 

UJVN Ltd. invites “Expression of Interest” from renowned and resourced Public sector company(s)/enterprises or private sector company(s) or a combination of both through the open bidding process for construction, operation & maintenance of Tamak Lata (250 MW) hydro electric project through Joint Venture. 

Tamak Lata H.E. Project is a run-of-river scheme on river Dhauli Ganga in district Chamoli. The DPR has been prepared and is presently under revision as per the directives of MoEF. Work of EIA & EMP studies is in progress. Revised TOR is to be issued by MOEF as per which revised EIA/EMP studies shall be conducted. Total power generation envisaged from the project is 1041.40 MU. Project cost including IDC is Rs 1053.00 crore at Nov 2007 PL.

Broad guidelines on which the Joint Venture Company shall be established are: 

1. The equity component of UJVN Limited is fixed at 26%. Rest of the equity shall be provided by the Joint Venture partner(s).

2. The selection criteria would include the free power over and above (12+1)% royalty including Local Area Development Fund (LADF) offered to Government of Uttarakhand at bus bar in addition to financial strength, organizational capabilities, reputation and relevant experience of the party. 

Selection criterion and equity contribution of UJVN Ltd. may change as per the directions of Government of Uttarakhand. RFQ cum RFP document specifying detailed selection criteria will be uploaded on UJVN Ltd’s website www.uttarakhandjalvidyut.com by 30.08.2011. The cost of bid documents should be paid at the time of submission of bid through Demand Draft in favor of “UJVN Limited” (SBI A/C No- 30024638487) & payable at Dehradun.

Parties interested in forming such a JVC with UJVNL may submit their bid document at the following address latest by 15:00 hrs on 14.10.2011. 

Executive Director (Civil)
UJVN Limited
“Ujjwal”, GMS Road, Maharani Bagh
Dehradun – 248 006, Uttarakhand, INDIA
Tel  : 0135 – 276 1944
Fax  : 0135 – 276 2245
Website        :        www.uttarakhandjalvidyut.com

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