bihar infrastructure company pvt
TRANSCRIPT
BIHAR INFRASTRUCTURE COMPANY PVT.LTD.
RFP Document's Received for Tariff based bidding from :
1. 2X 660 MW Coal Based Power Project Near Village Pirpainti,Dist Bhagalpur in Bihar (BOO).
2. 2 X 660 MW Coal Based Power Project near Village Chausa Dist. Buxar in Bihar (BOO).
3. 2X 660 MW Coal Based Power Project near village Kajra,Dist Lakhirai in Bihar (BOO).
Seller shall be
1. Pirapainti Bijlee Company Pvt.Ltd.2. Buxar Bijlee Company Pvt.Ltd3. Lakhisarai Bijlee Company Pvt.Ltd.
Requirement:
Description Pirapainti Bijlee Buxar Lakhisari Bijlee
Total required - 1170 Acres Total required - 1085 Acres Total required - 1200 Acres Private land - 988.33Acres Private land - 1041.73Acres Private land - 1018.22AcresGovt.Land - 181.67 Acres Govt.Land - 43.67 Acres Govt.Land - 181.78 Acres
Source - River Ganges , Source - River Ganges , Source - River Ganges , Requirment - 55 Cusec Requirment - 55 Cusec Requirment - 55 CusecDistance - 10 km Distance - 5 km Distance - 14 km
Source - Jharkhand Mines Source - Jharkhand Mines Source - Jharkhand Minesown your wagon scheme own your wagon scheme own your wagon scheme Requirment - 6.25.Million Tonne Requirment - 6.25.Million Tonne Requirment - 6.25.Million Tonne
400 KV BSEB Kathihar grid 400KV Arrah Grid SS,Bhojpur in Bihar Patna Grid substationconstruction of 2 numbers 400 KV construction of 2 numbers 400 KV construction of 2 numbers 400 KV double circuit twin moose transimission double circuit twin moose transimission double circuit twin moose transimissionlines from project to delivaery point lines from project to delivaery point lines from project to delivaery point
132 KV Kahalgaon SS of BSEB in 132 KV Dumroan SS of BSEB in 132 KV Lakhisarai SS of BSEB Bhagalpur Dist, Buxar Dist.
Power Evacuation
Start up Power (Seller)
Land
Water
Fuel
Clearances already Obtained1. Rapid Environment impact study 2. Water Linkage 3. Airport Authority Clearance – NOC for
275 M Chimney.4. Public Hearing 5. Pollution control board6. Coal linkage is approved for Buxar ,for
Pirapainti and lakhisarai it is under progress.(Our Responsibility).
Dates and Schedules :
1. Pre- Bid Conference is on 30th September 2011.2. Bid Submission and opening of non financial bid
12th December 2011.3. Opening of Financial bid 29th December 2012.4. A bid security bond of Rs. 33.75 Crore for one
project, so total amount Rs. 101.25 Crore.5. Total project schedule is for 41 months for all
the 3 projects from the date of award, and sub sequent unit will be 4 months thereafter (45 Months).
Location : Lukeesarai
Location : Buxar
Location : Pirpainti
Cost of Land and fuel:
Description Pirapainti Buxar Lakhisarai
Land Rs.0.70 Million per Acre
Rs.0.55 Million per Acre
Rs.0.60 Million per Acre
Fuel (Coal) Rs.1100 per MT Rs.1100 per MT Rs.1100 per MT
GCV of coal 3300 Kcal/Kg 3300 Kcal/Kg 3300 Kcal/Kg
Cost of Transmission lines ,Railway line, Flue gas Desulphurization
Not Included Not Included Not Included
** Ash content in coal : 43% PLF : 85%
Power Purchase Agreement:
1. The procurer plans to procure contracted capacity of 1125 MW at the delivery point as per the terms of PPA.
2. Out of 1320 MW ,100 MW will be for Auxiliary consumption .
3. As per PPA only 1125 will be utilized so an additional (Surplus)95 MW can sold to third Party.
Extent of Land Requirement:
Description Pirpainti Buxar Lakhisarai(Kajra)
Power Block area 180 Acre 180 Acre 180 Acre
Raw water reservoir, all water systems including cooling towers
205 Acre 205 Acre 205 Acre
Ash Bund 365 Acre 365 Acre 365 Acre
CHS in plant 210 Acre 210 Acre 210 Acre
Land for other Facilities
40 Acre 50 Acre 73 Acre
Green Belt 325 Acre 317 Acre 343 Acre
Housing colony 85 Acre 85 Acre 85 Acre
Total 1325 Acres 1412 Acres 1461 Acres
Summary of Project Financing:
Description Pirpainti Buxar Lakhisarai
Total Project Cost Rs.68205.02 MLR
Rs.68101.04 MLR
Rs.67913.67 MLR
Of which Of which Of which
Land cost 1111.50 976.00 876.60
Plant Cost (with taxes & Duties)
54836.91 54880.73 54819.14
Prelim & Pre Operative cost
3325.11 3326.42 3324.57
Interest During Construction
8692.79 8679.54 8655.66
Margin money for WCapital
0.00 0.00 0.00
Financing Charges
238.72 238.35 237.70
Financial Analysis:
Debt – Equity Ratio: 70:30 Interest on loan : 11.5 % p.a Interest on working capital : 12% p.a Repayment period : 10 Years Moratorium : 1 year Design life : 25 Years P.L.F : 80 % ; However, its mentioned 85 % else where Auxiliary consumption : 7.5% Plant heat rate : 2150 Kcal /KWh GCV of coal : 3300 Kcal/Kg Cost of coal : Rs. 1100 MT Escalation in fuel cost : 4 % p.a Quantity of secondary coal : 2 ml/ kWh Cost of Secondary fuel : Rs 35/Litre Return on equity : 14% pa Depreciation : 4% p.a on Straight Line Method Operation & Maintenance cost : Rs.12.81 lacs / MW Escalation on O&M : 4%
Conclusion
As per the above project details it is understood that the investment in almost Rs.204219.73 Million out of which considering the 70-30 Equity Ratio a total amount of Rs.61265.919 Million should MPL investment.
Plenty of ROW issues has to be done by MPL as a EPC contractor once the award of contract.
As per the bid documents only for BUXAR Thermal Power Project the Procurer has taken the responsibility for obtaining the FSA has been initiated.
For other 2 projects the responsibility for FSA is under Procures scope.