Sun. Dec 8th, 2019

Delaying RFP deadline is good for most IPPs: Palau’s UN Ambassador

Palau’s United Nations Ambassador Ngedikes Olai Uludong said that delaying the deadline for the Request for Proposals (RFP)for the country’s solar photovoltaic project is good for companies interested to bid.

Uludong said that extending the bidding deadline for Independent Power Producers (IPPs) is better since it will give interested companies more time to complete their project proposals.

“It’s good that a lot of companies are interested in this [project]. So we really hope that in the end we will come up with a win-win situation,” Uludong said.

The Palau Public Utilities Corporation (PPUC) previously announced extending the deadline for RFP, citing that it has received several requests for extension.

In a press statement sent to the media, the PPUC revealed that there had been 29 Independent Power Producers (IPPs)who have shown interest to bid or inquire about the project which is part of the country’s move to generate 45% renewable energy by 2025 under the Paris Climate Agreement.

Six prospective proposers were also able to attend the pre-bid conference that was held four days after the RFP was issued on February 15.

PPUC revealed that it has moved the deadline for submission of proposals which is done by complying three envelopes that each provides details about eligibility, technical aspect of the proposals, and the financial aspect.

The deadline for the submission of the eligibility envelope has been retained on April 1 while the deadline for submission of the two other envelopes was moved to May 31. (Rhealyn C. Pojas)