Pakistan's Tender Notice for 2022 Is Now International Bidders
If you’re the kind of person who always has your eye on the news, then you’ve probably already heard about Tender Notice 2022, Pakistan’s latest bid to build new roads and bridges. The project has already generated quite a bit of international interest from companies from around the world, and that means that you should take note of it as well! If you want to learn more about this potential business opportunity, check out these details on Tender Notice 2022 right here!
What you need to know about the tender notice
Pakistan’s Energy and Power Development Authority (EPDA) has announced a bid round to develop a greenfield coal-fired power plant, called KSK STATION NEWS. The power project is located in Khanpur, Sindh Province, and will have installed capacity of 1.4 GW at two units. An estimated 514,200 metric tons of CO2 emissions will be emitted by KSK STATION NEWS annually. A total of 3 firms from 2 countries have registered to compete for the project: Combined Heat & Power Pakistan Limited (CHPPL), China; MHI Vestas Offshore Wind Solutions (MVOWSS), Denmark; Renewable Energy Company (REC), Spain.
The minimum investment is US$ 1.2 billion and pre-construction works will begin within 30 days of signing a power purchase agreement (PPA). The entire project is expected to be completed in 36 months after PPA signing. A credit facility of up to 70% of total project cost, including working capital and interest during construction, has been proposed by EPDA.
A total price ceiling has not been set. Tenderers must be ready to sign a long-term PPA with Pakistan’s National Transmission & Despatch Company (NTDC) and an offtake agreement with National Energy Power Plants Company (NEPPCO). The tariff will be determined by NEPPCO based on NTDC’s technical evaluation report.
Project summary
The tender notice of a KSK combined cycle power plant in Pakistan is now open to international bidders. The project involves building a 660-MW coal-fired facility and is worth US$1.96 billion.
The site of new power plant is located in Pasni in Balochistan province and was chosen because it meets a few conditions that make it perfect for a high-capacity coal-fired facility. First, it has access to coal fields within 150 km of its location. Second, there are port facilities nearby so that coal can be delivered to your facility. Finally, there’s also close proximity to transmission lines and access to water as well as other amenities required to support such a large project.
Company information
Pakistan Railways (reporting mark PR) is a state-owned Pakistan railway. Headquartered in Lahore, it owns of route and employs more than 19,000 people. In 2016, Pakistan railways carried 55 million passengers and 913 million tons of freight on its 3,636 stations across Pakistan. In October 2016, it was reported that plans are being made to restructure Pakistan Railways due to excessive financial losses despite an increase in traffic.
The plan includes replacing old tracks, constructing new stations and introducing more express services on various routes such as Karachi–Peshawar Expressway.
In July 2018, Pakistan Railways in partnership with Thales Group won a bid to modernize signaling systems on Pakistan Railways’ Khyber Line. The signal modernization project will see 36 new track circuits installed on various parts of route between Peshawar and Nowshera. Under an agreement signed by both parties in December 2016, Thales Group is also set to carry out improvements to signaling systems on Karachi–Peshawar Expressway. In August 2018, China North Industries Corporation (Norinco) was awarded a $630 million contract by Pakistan Railways to upgrade its locomotive fleet.
Type of services
Pakistan has issued a tender notice to invite international bidders to design, build, finance and operate a new 1,320-kilometer gas pipeline that will bring natural gas from Iran to Pakistan. The pipeline will extend from Iran’s border town of Astara to Nawabshah city in southern Pakistan.
The project includes construction of an offshore section with 200 kilometers underwater trench and installation of offshore pipelines over an additional 50 kilometers undersea sea routes. It is expected that during 2021 and 2023 each year about 6 billion cubic meters (bcm) of natural gas will be supplied through the project annually.
Pakistan has been looking to import natural gas from Iran since 2013, but because of US sanctions on Iran that were put in place around that time, no international oil companies expressed interest in financing and operating a project. After those sanctions were lifted earlier this year, Pakistan issued a tender notice on July 26 to invite bids to build, finance and operate a pipeline under its Build-Own-Operate-Transfer (BOO) model.
The successful bidder will be awarded a 30-year contract under which it would be responsible for all costs and operations related to building and maintaining pipelines across Pakistan as well as transporting up to 6 billion cubic meters of natural gas per year from Iran. The bid should include cost estimates for design engineering services and construction of underwater trench crossing operation.
Registration Details
The Pakistani Ministry of Defense has now announced a tender notice for its mission to build a fourth Khalid-class nuclear-powered submarine. The project, dubbed T4, is likely to begin in 2019 and will be built by Pakistan's largest naval shipyard and will launch no later than December 2021. With an expected cost of $2 billion dollars, or roughly 1.1 billion euros (which converts at 1 euro = 192 Pakistani rupees), it is expected that bids from European and Chinese firms will be considered first. However due to worsening relations with China in recent years, it is likely that any potential Chinese bids will have priority given Beijing’s close alliance with Islamabad.
Any international company or shipyard is now able to register with Pakistan and apply for its tender in order to build a nuclear-powered submarine. It’s expected that bids will be submitted no later than December 2018, with construction beginning in 2019. As part of its requirements, which you can find here, Pakistan is asking that any bid should be able to begin construction at Karachi Shipyard & Engineering Works (KSEW) by 2021 and end no later than 2024. The successful bidder will also need to supply two diesel-electric Type 035G Ming-class submarines as part of their bid package.
How to apply
Interested international bidders are required to submit their bids by February 28, 2018. Full details on tender forms and procedures can be found here. The Pakistan government is selling out of its shares in four companies as part of a larger divestment plan that includes getting rid of all state-owned enterprises within five years. Financial stakes in KSK and Port Qasim Authority are being sold by...
This isn’t an especially big sale by Pakistan’s standards.
The government raised almost $2 billion by selling off stakes in 19 companies last year, including major utilities and banks. Still, getting rid of more state-owned enterprises will be a welcome change for investors—and it may also raise pressure on other states that still own shares in businesses to follow suit. It will also...
The World Bank has estimated that Pakistan needs to invest around $200 billion between 2016 and 2030 if it wants to maintain its growth rate of 6 percent per year. That requires about $18 billion per year—or about 1 percent of annual GDP over 10 years.
Contact details
KSK International (KSK) announced on Wednesday that it had opened up Pakistan’s bid to international companies. The $12 billion project will include five coal-fired power plants and a 660-mile transmission line running through Balochistan, Sindh, and Punjab provinces. While construction of the power plants is expected to take about four years, ground will not be broken until early next year as KSK does more research into local conditions. Pakistan has been hit hard by political instability in recent years, with many major international businesses holding off from making major investments in fear of things getting worse.
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