IFC
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State-owned utility Ethiopia Electric Power (EEP) is pleased to invite private potential project developers qualified to finance, design, procure, construct, commission, operate and transfer the Didessa hydroelectric power project.

The plant is estimated to have an installed capacity of 550MW, with annual gross energy generation capacity of 5,580GWhr, on BOT contract modality.

EEP will enter into a long-term Power Purchase Agreement (PPA) with the successful bidders for the entire capacity and electrical output of the projects.

The projects under consideration are described in details in their respective reconnaissance or feasibility studies together with the PPA and implementation agreement made available for all bidders' information to prepare their bid.

The bidders’ scope of works shall be to gather additional site investigation information as required, design, construct, supply, install, test and commission, own and operate Didessa hydroelectric power project.

EEP now invites tenders from bidders, which could be Joint Ventures / Consortium / Association Foreign Companies who demonstrate to have technical experience and financial capacity in similar hydropower development, on PPA and BOT contract modality.

Evaluation process

A bidder / project company will be evaluated and selected if they submit the least bid price / tariff charges in USD/MWh with financial model and post qualification in accordance with bid evaluation procedures and criteria specified in the Request for Proposal (RFP), the Power Purchase Agreement, Connection Agreement and Implementation Agreements companying this Request For Proposal.

All bids must accompanied by a bid security equal to $3,000,000.

Bids must be delivered to the address below on or before 12 June 2018; 14:00 pm local time.

A complete set of bidding documents shall be available from April 16, 2018 against payment receipt of non-refundable fee of ETB5,000 ($181) or in its equivalent in any freely convertible currency from the Ethiopian Electric power, procurement office.

The method of payment shall be in cash or cashier's cheque or through telegraphic transfer to EEP Main A/C No. 1000068726372, Commercial Bank of Ethiopia (CBE), Arada Giorgis Branch, Swift Code CBETETAA; EEP BUMBUNA HPP A/C No. 01 01181300051 , National Bank of Ethiopia (NBE), Swift Code NBETETAA, for ETB USD respectively.

The address referred to above is:

Ethiopian Electric Power

Attention to: Mr. Tesfaye Tamirat

Director, EEP Procurement, Logistics and Warehouses

Located around AAU College of Commerce,

Behind Awash International Bank Head Quarter

Procurement office, Ground Floor, Room number 01

Tel: +251-115-581916/0781

Addis Ababa, Ethiopia

Electronic mail address: eep.procure@gmail.com, eepproclog@eep.gov.et

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