Six potential independent power providers enter second phase of evaluations
Bahamas Power and Light Company Ltd. (BPL) revealed yesterday that six potential independent power providers (IPPs) have now entered a second phase of evaluations for contracts to develop, finance, build, own and operate solar and energy storage plants on certain Family Islands.
This new phase of the process involves vetting the companies on the technical and financial elements of their proposals, according to a press release.
“This process, particularly regarding bidder interviews, has had to be modified as the COVID-19 pandemic made the initially planned approach of interviews and site visits to projects operated by the shortlisted companies impossible,” the release stated.
“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).”
The renewable energy plants or hybrid power plants are proposed for North Andros, Central Andros, North Eleuthera, South Eleuthera and Inagua. A company has already solarized Ragged Island.
BPL said contract negotiations with winners will likely take place in late August, with contract signings in September.
According to the release, more than three dozen companies downloaded the tender documents when the request for proposals (RFP) was issued in mid-2019.
“BPL’s goal is to transition the Family Islands from BPL-owned diesel power plants to a more diverse mix of renewable and sustainable generation from IPPs,” the release stated. “This solar RFP is the first phase in that transition.”