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The Republic of Maldives Ministry of Finance, on behalf of the Ministry of Atmosphere, Local weather Change and Know-how, has issued a request for bids (RfB) for infrastructure works to help grid modernization and the connection and integration of solar energy within the community throughout fifteen islands.
The works will probably be allotted in three heaps. Lot one is grid-upgradation works in Addu metropolis mainland, Hulhumeedhoo in Addu Metropolis, Fuvamulah Metropolis, and Thinadhoo within the Gaafu Dhaalu area. Lot two is grid-upgradation works in Eydhafushi, Hinnavaru, and Kulhudhuffushi Metropolis. Lot three is grid-upgradation works in Fonadhoo and community interconnection in Isdhoo, Kalaidhoo, Dhanbidhoo, Maabaidhoo, Kunahandhoo, Hithadhoo, and Funadhoo.
The works should be accomplished inside one year of receiving the work order.
bidders can register with the finance ministry for the tasks, from March 16, 2022, to Could 30, 2022, by paying a non-refundable registration charge of MVR1,500 (~$97).
The final day to submit the bids is June 1, 2022. The bids will probably be opened on the identical day.
Bidders should furnish $300,000 as bid safety for lot one, $90,000 for lot two, and $100,000 for lot three.
Profitable bidders should additionally submit 10% of the full contract worth as efficiency safety and a pair of.5% of the full contract worth as environmental and social efficiency safety.
Bidders should additionally reveal that they’ve entry to liquid property, unencumbered actual property, traces of credit score, and different monetary means ample to fulfill the development money movement requirement. Bidders should reveal they’ve entry to $4 million in funds for lot one, $1.2 million for lot two, and 1.4 million for lot three.
Bidders will need to have accomplished a minimal of three tasks, together with each low voltage (<400V) and medium voltage (6-33kV) underground distribution cable installations with cumulative lengths not decrease than 30 km for lot one and 10 km for heaps two and three. Bidders will need to have additionally accomplished a minimal of two substation automation works.
Bidding will probably be carried out via worldwide aggressive procurement utilizing request for bids (RFB) as specified within the World Financial institution’s “Procurement Rules for IPF Debtors – Procurement in Funding Tasks Financing.”
The Authorities of the Republic of Maldives had obtained $107.4 million in financing from the World Financial institution in the direction of the price of the Accelerating Renewable Vitality Integration and Sustainable Vitality (ARISE) Venture. The federal government had affirmed that the funds obtained can be used in the direction of grid modernization and integration of photo voltaic into the island nation’s energy combine.
The ARISE mission builds on the efforts of the present World Financial institution-funded program ‘Accelerating Sustainable Non-public Investments in Renewable Vitality’ (ASPIRE) initiative to herald non-public investments for growing renewable vitality capability within the Maldives.
In June final yr, Maldives issued a young inviting bidders to take part within the pre-qualification course of for putting in 11-14 MW photo voltaic tasks in 14 main islands.
Arjun Joshi is a workers reporter at Mercom India. Earlier than becoming a member of Mercom, he labored as a technical author for enterprise useful resource software program firms based mostly in India and overseas. He holds a bachelor’s diploma in Journalism, Psychology, and Non-compulsory English from Backyard Metropolis College, Bangalore. Extra articles from Arjun Joshi.
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