PFC Consulting Invites Bids for 3 GW Green Hydrogen Project in Kakinada, Andhra Pradesh
Key Ideas
  • PFC Consulting has opened bids for a 3 GW green hydrogen project in Kakinada, Andhra Pradesh, offering an opportunity for infrastructure development.
  • Bidders must meet specific financial and infrastructure criteria, including a substantial capital expenditure history and net worth requirements.
  • The project involves setting up substations and transmission systems to support the growing demand for green ammonia projects in the region, aiming to supply 6 GW of power by 2030.
  • This initiative aligns with the push towards renewable energy and signifies a significant investment opportunity in the green hydrogen sector in India.
PFC Consulting has initiated a bidding process for a substantial 3 GW green hydrogen project in the Kakinada area of Andhra Pradesh, India. The project, focusing on green hydrogen and ammonia production, requires interested bidders to submit their proposals by May 6, 2025. The bidding process includes financial obligations such as a bid procurement fee, earnest money deposit, and a contract performance guarantee. The scope of work for the selected bidders encompasses the establishment of a large substation and transmission infrastructure to support the increasing electricity demand for green ammonia projects in the region. The project aims to cater to a rising demand that is projected to reach 6 GW by 2030, with incremental milestones set for the coming years. Successful bidders are expected to handle various aspects of the project, including project management, financing, construction, and operation. The stringent criteria set by PFC Consulting require bidders to have a strong financial background and a history of significant capital expenditure in the infrastructure sector. This initiative reflects a positive outlook on the development of green hydrogen projects in India, aligning with the country's goals of transitioning towards renewable energy sources. The project not only presents a substantial investment opportunity but also contributes to the growth of the green energy sector in the region, emphasizing the importance of sustainable energy practices.
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