Notice Inviting Tender (NIT) - Ash Utilization of APL TiroraTPP

Adani Power Limited (APL)

Bids for Utilization of Ash

Notice Inviting Tender (NIT)

SECTION A

NOTICE INVITING TENDERS (NIT)

FOR

UTILIZATION OF ASH

Issued by:

ADANI POWER LIMITED (APL) Tender Documents No. APL/2024-25/ASH/TENDER-01

Dated: 26.04.2024

Adani Power Limited (APL)

Bids for Utilization of Ash

Notice Inviting Tender (NIT)

Adani Power Limited (APL), invites sealed bids from eligible bidders for Sale / Utilization of Ash generated at its Tirora Thermal Power Plant (TPP) as detailed in Bidding Documents Numbered APL/24-25/ASH/TENDER-01 dated 26/04/2024. BRIEF OVERVIEW OF APL TIRORA THERMAL POWER PLANT: Adani Power Limited (APL), (hereinafter referred to as ‘APL’) is Company incorporated under the Companies Act, 2013 and is engaged in business of, inter alia, thermal power generation. Adani Power Limited’s Tirora TPP is a coal based Thermal Power Plant with a total installed capacity of 3300 MW, situated at Tirora, District: Gondia, State: Maharashtra (erstwhile Adani Power Maharashtra Limited - APML). It is in the process of electricity generation and the ash generated is collected through Electrostatic Precipitator & related process. For the year 2024-25, APL Tirora TPP is expected to generate 5.00 Million Metric Tonnes of Ash.

Preamble:

Ministry of Environment, Forest & Climate Change (MoEF&CC), vide its notification dated 31.12.2021 had mandated Thermal Power Plants to utilize 100% of ash generated and prescribed Environmental compensations for non-compliance and procedures for its Enforcement, Monitoring, Audit and Reporting. Relevant abstract of notification is

produced below for your kind reference:

… A. Responsibilities of thermal power plants to dispose ash and bottom ash. (4) Every coal or lignite based thermal power plant shall be responsible to utilize 100 per cent ash (ash and bottom ash) generated during that year, however, in no case shall utilisation fall below 80 per cent in any year, and the thermal power plant shall achieve average ash utilisation of 100 per cent in a three years cycle. … … C. Environmental compensation for non-compliance. (1) In the first two years of a three years cycle, if the coal or lignite based thermal power plant (including captive or co-generating stations or both) has not achieved at least 80 per cent ash (ash and bottom ash) utilisation, then such non-compliant thermal power plants shall be imposed with an environmental compensation of Rs. 1000 per ton on unutilized ash during the end of financial year based on the annual reports submitted and if it is unable to utilize 100 per cent of ash in the third year of the three years cycle, it shall be liable to pay an environmental compensation of Rs. 1000 per ton on the unutilized quantity on which environmental compensation has not been imposed earlier. … APL intends to ‘utilize / dispose off’ the entire Ash generated from its Tirora Thermal Power Plant on ‘As-is-where-is’ basis to comply with the MOEF&CC, MOP norms. 1.0 SCOPE OF WORK APL intends to sale / utilize / dispose-off 100% ash to be generated at its Tirora power plant on ‘As-is-where-is’ basis in FY’2024-25 and the same is expected to be around Adani Power Limited (APL)

Bids for Utilization of Ash

Notice Inviting Tender (NIT)

5.00 Million Metric Tonnes. The annual quantity for upcoming years may vary to the extent of generation of power at Tirora Thermal Power Plant. APL shall notify the Utilizer (herein called as successful bidder) regarding the scheduled quantity of ash to be utilized at Tirora TPP at the start of every quarter during the Agreement Term as per Article 3 & 4 of the Draft Ash Utilization Agreement (‘Draft-AUA’). The Ash to be utilized shall conform to the prescribed norms set out in Exhibit 9 of the ITB (Instructions to Bidder) which comprises notifications and guidelines as issued by MOEF&CC as well as MOP from time to time. Term of the Utilization Agreement shall be for a period of Ten (10) years from the Commencement Date and mutually extendable for another Ten (10) years, as per the provisions of Draft-AUA. 2.0 BID QUALIFICATION REQUIREMENTS The Bidder shall meet the qualifying requirements (QR) for Financial Capacity (Clause 2.1) and Technical Capacity (Clause 2.2). Bidder shall also note the stipulation of Clause 2.3 “Limitations” as specified herein below:

2.1 QR for Financial Capacity:

a) Net worth: Bidder shall have a Net worth of INR 1,00,00,00,000 (Indian

Rupees One Hundred Crores only) in the preceding financial year i.e., 2023-

24. Net Worth for the relevant year shall mean the sum of the paid-up equity

share capital, equity like instruments and free reserves and surpluses (free reserves and surpluses shall mean all reserves credited out of the profits and share premium account but does not include reserves credited out of revaluation of assets) less miscellaneous expenditure that has not been written off.

b) Turnover: Bidder shall have minimum average annual turnover of INR

2,50,00,00,000 (Indian Rupees Two Hundred Fifty crores only) in the preceding three (3) financial years i.e., 2021-22, 2022-23 and 2023-24. c) Bidder shall provide Certificate(s) from its Statutory Auditors (as per Exhibit 7 of ITB) specifying the Turnover and Net worth of the bidder.

2.2 QR for Technical Capacity:

a) Bidders should have utilized ash of quantity more than 5.0 Million Metric Tonnes in the preceding financial year i.e., 2023-24. (or) Bidders should have trading or logistic experience of value more than INR 3,50,00,00,000 (Indian Rupees Three Hundred Fifty crores only) in the preceding financial year i.e., 2023-24. b) Bidder shall provide Certificate(s) from its Statutory Auditors supporting the experience criteria (as per Exhibit 8 of ITB). Modifications to the formats attached in the ITB without changing the meaning or the purpose of the same, may be acceptable a