BPL Statement FI Renewable RFPs

0
704

Bahamas Power and Light Company Ltd. (BPL) is excited to report that six potential Independent Power Providers (IPPs) entered the second phase of evaluations of their bids for contracts to develop, finance, build, own and operate a solar photovoltaic (solar PV) and energy storage plant or a hybrid power plant on North & Central Andros, North Eleuthera, South Eleuthera and Inagua.

Phase Two of this process involves deeper dives into the technical and financial elements of the proposals, requests for clarification from the bidders and bidder interviews.

This process, particularly regarding bidder interviews, has had to be modified as the COVID 19 pandemic made it impossible for the initially planned approach of interviews and sites visits to projects operated by the shortlisted companies. As such, we anticipate holding virtual bidder presentations during the week of June 15, 2020. Once that happens, there will be a period to allow the bidders to provide additional information, then some time for evaluation of the bids, and in the third week of July, we expect to submit a report citing the approved bids (or, recommending proposed bidder).

Contract negotiations from then would take place beginning the third week in August, and should all things remain equal, our timeline now calls for awarding of contracts as early as the end of September 2020.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.