Solution provided

We advised a private sector independent power producer (IPP) to participate in a 1,200 MW wind energy procurement tender released by SECI, a designated tendering agency; the IPP secured a 300 MW project in the said tender. We also supported another IPP to participate in two solar power procurement tenders – 500 MW Karnataka and 420 MW Rajasthan – issued by NTPC, a designated tendering agency; the IPP secured 100 MW and 70 MW solar power projects in the tenders respectively.

We provided comprehensive bid advisory assistance encompassing a detailed review of tender conditions to ensure compliance and identifying risks and strategic opportunities. We assessed solar and wind EPC costs, evaluating their impact on bid competitiveness and identifying cost optimization strategies. We also analyzed bid results from similar tenders to assess market trends and competitor strategies, enabling the client to structure a competitive bid. Based on these analyses, we provided tailored recommendations that balanced technical feasibility with cost efficiency. This strategic advisory approach helped the client secure capacity under the respective tenders, enhancing their renewable energy portfolio. By combining technical insights, cost evaluations, and market analysis, the project demonstrated the value of expert bid advisory in achieving success in highly competitive renewable energy tenders.

Impact on client

The analysis of equipment cost, combined with strategic recommendations, allowed the client to craft a competitive bid that balanced cost efficiency and technical feasibility. Our advisory support led our clients to secure capacity in the respective tenders thereby supporting their business expansion.