Tender for Legal Consultant for Shivpuri Solar Park in Madhya...

Purchaser's Detail

Tender's Details

The Shivpuri Solar Park, proposed as a 1000 MWsolar-plus-storage project by Rewa Ultra Mega Solar Limited (RUMSL), will bedeveloped on government land in Shivpuri District, Madhya Pradesh. The parkwill consist of multiple units combining solar panels with co-located batteryenergy storage systems (BESS), which may also be set up at a site arranged bythe developer anywhere in India. Power from the project will be procured byMadhya Pradesh Power Management Company Limited (MPPMCL), which has expressedits preference for assured evening peak power supply (4 hours) during the sixmonths from October to March. For the remaining months, a tie-up with UttarPradesh Power Corporation Limited (UPPCL) is planned. If an agreement withUPPCL is not finalized, RUMSL will explore alternatives, including partnershipswith other state DISCOMs to meet complementary demand or full offtake byMPPMCL.IFC will be engaged by RUMSL to develop the 1000 MWsolar-plus-storage project under the Public Private Partnership (PPP) model.IFC-s scope of work will include technical, legal, commercial, and regulatorydue diligence, advising on a bankable transaction structure, and managing thebid process. In this context, IFCis seeking the services of a specialized team of Legal Consultant that will assist IFC with legalstructuring and due diligence, including review of legal polices andcontractual framework, identification of legal issues that may impact privatesector participation, allocation of risk from regulatory point of view, providing legal opinion, drafting bid documents and evaluation of theproposals.
90 - CONTRACT CONSULTANTS