Lusaka South Multi-Facility Economic Zone (LSMFEZ) Chifwema Road, New Kasama P.O. Box 37232, Lusaka, Zambia T: +260 211 234684 • E: [email protected] • W: www.idc.co.zm 11 Firms pre-qualify to submit bids for 2x50MW solar PV power plants in Zambia Lusaka, ZAMBIA – The Industrial Development Corporation Zambia Limited (IDC) has pre-qualified 11 bidders to develop the initial 2x50MW Utility-Scale Solar Photovoltaic IPP Projects under Round 1 of the 600MW Scaling Solar Project announced and launched earlier this year. The prequalification follows a competitive RFQ process that ran from 05 October 2015 to 13 November 2015, in which a total of 48 applications were received. The evaluation of bids was conducted by an evaluation committee comprising of members drawn from the Zambia Development Agency, ZESCO, Rural Electrification Authority, Engineering Institution of Zambia and IDC. The evaluation process involved a three-stage appraisal system with technical, financial, and legal requirements being evaluated respectively. Background Following the severe energy crisis in Zambia in 2015 on account of low water levels for adequate hydro power generation, His Excellency, Mr. Edgar Chagwa Lungu, President of the Republic of Zambia, in his capacity as Chairman of the Board of Directors, directed the IDC to target the immediate development and procurement of up to 600MW of solar PV power into the national grid as a matter of priority and urgency. Scaling Solar Scaling Solar is the World Bank Group’s open, competitive and transparent procurement model that facilitates the rapid development of privately owned, utility-scale solar PV projects in sub-Saharan Africa. Through the Scaling Solar initiative, the International Finance Corporation (IFC) offers a one-stop-shop solution and package of advisory services, template contracts, financing, guarantees and insurance, drawn from across the World Bank Group to help governments and utilities procure solar power transparently, competitively and at the lowest possible cost. Successful Pre-qualified Bidders under Round 1 of the Zambia Scaling Solar Program The following 11 firms / entities have been pre - qualified by the IDC to participate in the Request for Proposals (RFP) to develop the first ever grid connected solar PV power plants in Zambia consisting of 2 x 50MW plants to be located in the Lusaka South - Multi Facility Economic Zone. S/N 1 2 3 4 5 6 7 8 9 10 Bidder Name EDF Energie Nouvelle Scatec Solar Access Eren Zambia 1 Mulilo Zambia PV1 Consortium Enel Green Power (EGP) Globeleq International Power SA/Engie Neoen First Solar Shanghai Electric Power/Avic Africa Infrastructure Investment Fund 2 – Old Mutual Life Insurance Company – Cobra/CDE Country (Domicile) France Norway France South Africa Italy United Kingdom Belgium France China Mauritius Lusaka South Multi-Facility Economic Zone (LSMFEZ) Chifwema Road, New Kasama P.O. Box 37232, Lusaka, Zambia T: +260 211 234684 • E: [email protected] • W: www.idc.co.zm 11 Grupo T-Solar, SA Spain The RFP bidding process is expected to open sometime in January 2016. It is envisaged that IDC will also announce timings for Round 2 of the 600MW Scaling Solar Program after the RFP for Round 1 is opened. About IDC The IDC is an investments holding company wholly owned by the Zambian government, and was incorporated in early 2014. IDC’s mandate is to play a catalytic role in deepening and supporting Zambia’s industrialization capacity to promote job creation and domestic wealth formation across key economic sectors. The IDC plays its role through evaluation, pricing and lowering the investment risk profile by serving as co-investor alongside private sector investors. Andrew Chipwende Chief Executive Officer Press Release: PR-02-2015/12/24
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