Projects
#Energy Systems Advisory #Transaction advisory and due diligence #Solar power #Power Generation #Environmental
Technical and Commercial Advisory Services for the Development of a Utility Scale Solar PV Park in Cambodia
ADB is working with Cambodia’s national electric utility, EDC, to develop a National Solar Park Project. The project is expected to be up to 100 MW capacity and be procured from the private sector through a competitive tendering process. Advisor’s scope of work:
- Pre-development studies
- Detailed Feasibility Study for a 100 MW solar park
- Feasibility Study for 40 km new double circuit 230 kV transmission line, a new 22/115 kV solar park substation, and an upgrade/expansion of existing 230/115 kV substation
- Feasibility Study for substation-level 10 MVA/7.5 MWh and 10 MVA/20 MWh battery storage options for output smoothing
- Transaction and procurement advisory for the following packages:
- IPP/PPP of the first PV plant of 60 MW
- EPC of solar park infrastructure including transmission line, substations and energy storage
- Project Implementation Consultant
Services provided:
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Pre-development studies
- Review of site selection report, pre-feasibility study, national grid studies, etc.
- Site visits and constraints analysis
- Determination of a top ranked site and recommendation for further works/studies
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Detailed Feasibility Study of a 100 MW solar park
- A detailed project site report
- Site investigation reports
- Design of civil works and preparation of cost estimates
- Solar resource assessment
- Shading analysis
- Review of grid code and assess its technical adequacy for connecting the solar PV park to the grid
- Technical qualifications and schedules
- Yield estimation
- Detailed grid integration report using Digsilent’s PowerFactor software
- Single line diagram incl interconnection design
- Cost estimates for the solar project and predicted revenue
- Analysis of RE output forecasting system and services
- Functional EPC specs for the first PV plant of 60 MW
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Feasibility Study of a new transmission line, new substation, and upgrade of existing substation
- FEED for 40 km new double circuit 230 kV transmission line, new 22/115 kV solar park substation, and upgrade/expansion of existing 230/115 kV substation
- Cost estimates for transmission line and substations
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Feasibility Study for 10 MVA/7.5 MWh and 10 MVA/20 MWh battery storage
- Assessment of integrating storage at plant vs. substation level
- Assessment of benefits of substation level energy storage
- Assessment of most suitable storage technologies
- Conceptual design
- Environmental Impact Assessment
- Cost estimates
- Cost-benefit analysis
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For all feasibility studies
- Full ESIA in compliance with ADB SPS 2009
- In-depth project financial analysis and economic assessment
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Transaction and procurement advisory - 60 MW IPP/PPP
- Procurement Risk Assessment Report
- Preparation of Transaction Financial Model
- Structuring of the IPP/PPP transaction, including risk analysis & mitigation, contingent liability model, Value-for-Money analysis, analysis and recommendations for different PSP options, advise on key bidding parameter, risk allocation matrix, analysis and recommendations for different PPP models
- Preparation of Teaser and Information Memorandum for the project
- Support the transaction roadshow
- Provide technical, procurement and commercial input for the Draft RFP documents
- Support the bidding process including addressing bidder queries, bid evaluation, contract negotiation
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Procurement advisory – EPC package for Solar Park Infrastructure
- Review/preparation of technical specifications for the solar park, transmission line and substations
- Preparation of bidding documents
- Support the bidding process including addressing bidder queries, bid evaluation, contract negotiation
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Procurement advisory – Project Implementation Consultant
- Preparation of the TOR, RFP and support procurement process until contract signing