APPDCL is a company which provides platform to private sector undertakings to buy power projects which have passed all the potential and viability studies and are fit to be setup. Following are some of the basic requirements which are essential to be eligible for a bidder to qualify to buy a power project:
- The Bidder must have experience of developing infrastructure projects (not necessarily in the power sector) in the last 10 years or as defined In the RFP and RFQ of the respective project.
- Internal Resource Generation of the bidder to be Equal to at least Rs. 0.3 Crore or its equivalent US$ per MW of the capacity offered by the Bidder computed as five times the maximum internal resource generated during any of the last three years of business operations or as defined In the RFP and RFQ of the respective project.
- Bidders shall furnish documentary evidence duly certified by qualified auditors in support of their technical capability and financial experience as defined in the RFP and RFQ.