Summary : Invitation to participate in bidding / prequalification of K-ELECTRIC LIMITED (KE) Renewable Projects

Organization Name : K-Electric Limited

Organization Details:
Organization Name: K-Electric Limited
Country: Pakistan
Address: KE House, 39-B, Sunset Boulevard, DHA Phase II, Karachi, Sindh, Pakistan
Contact Person: +92 21 111 537 211 (Ext. 5346 & 7636)
Notice Details:
Notice Type: Tender Notice
Bidding Type: International Competitive Bidding
Notice No:
Description: Building on a 110-year legacy of powering the economic hub of Pakistan, K-Electric Limited stands as the country’s premier and only vertically integrated power utility.

The company has embarked on a transformative journey, striving to harness 30% renewable energy in its fleet by 2030, demonstrating its commitment to diversification of fuel mix. These generation enhancements also form a cornerstone of KE's ambitious sustainability vision, strategically aligning with the projected surge in electricity demand to 5000MW and the burgeoning customer base expected to reach approximately 5.0 million by 2030. These projects, constituting the first phase of the planned addition of ~1200MW of green energy, will be developed across multiple sites for power offtake by KE under a 25-year Energy Purchase Agreement (EPA).

Reputable local and international companies / consortiums with proven power project experience and sound financial standing are encouraged to participate in the bidding / prequalification process of the projects listed below:

Project: 120 MW solar project at Deh Halkani, Karachi, Sindh
Document to be submitted: Prequalification Application
Submission Deadline: 29th April 2024

Project: 150 MW solar project at Deh Metha Ghar, Karachi, Sindh
Document to be submitted: Prequalification Application
Submission Deadline: 29th April 2024

Project: 50 MW solar project at Winder, Balochistan
Document to be submitted: Bid
Submission Deadline: 20th May 2024

Project: 100 MW solar project at Bela, Balochistan
Document to be submitted: Bid
Submission Deadline: 20th May 2024

Project: 220 MW site-neutral hybrid project at Dhabeji, Sindh
Document to be submitted: Bid
Submission Deadline: 31st May 2024

The parties can access the project specific "Request for Qualification" and "Request for Proposal" documents (as applicable) through the below provided website link or QR code.
Website Link: www.ke.com.pk/our-business/tenders/project-procurement/

Important Notes:
1. Any information received after the deadline or in an incomplete form shall not be considered.
2. Any amendment or corrigendum regarding the subject will only be issued on KE website, www.ke.com.pk
3. The applicants previously prequalified are not required to resubmit their prequalification requests.
4. KE reserves the right to annul the entire bidding process without assigning any reasons whatsoever. The issuance of this advertisement or the submission of a response does not give rise to any commitment or legal relationship between KE and any applicant
Deadline: 31 May 2024
Updates:
Soft Copy: document (450.1KB)

About Authority: K-Electric (KE) is a public listed Company incorporated in Pakistan in 1913 as KESC. Privatised in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.