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Bid Validity
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11 August 2022
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Method of Selection
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Limited Competitive Bidding
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List of Bidders
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Name of Bidder
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Bid Price as Read Out at Opening
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Consortium of Harbin Electric International Co,.Ltd; Ruipu Energy Co.Ltd and State Nuclear electric Power Planning Design & Research Institute Co,.Ltd
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CNY 590,430,835.00 and MNT 8,967,194,090.00
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JV of Xian Electric Engineering Co,.Ltd and China Lithium Battery Technology Co,.Ltd
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USD 69,803,346.00
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JV of LS Electric Co,.Ltd and HEERIM Architects and Planners Co,.Ltd
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USD 96,999,450.00
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Consortium of Jiangsu Zhongtian Technology Co,.Ltd and Zhongtian Energy Storage Technology CO,. Ltd
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USD 80,925,419.15
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JV of SEPCO Electric Power Construction Corporation and ZHEIJANG Narada Power Source CO,.Ltd
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USD 85,907,892.00
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JV of China Electric Power Equipment and Technology Co,.Ltd and NR Engineering Co,.Ltd
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Letter of Bid has no content with Bid Price. No price is indicated.
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JV of RJE Oceana Pte Ltd, Monnis Mining LLC, ABB Shanghai Free Trade Zone Industrial Co.,Ltd and Shanghai Ronghe BESS Energy Co.,Ltd
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USD 102,798,438.11
MNT 313,247,400,608.79
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Names of the Bidders, whose Bids were rejected and reasons for their rejection.
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Names of the Bidders, whose Bids were rejected
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Reasons for Bids rejection.
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Consortium of Harbin Electric International Co,.Ltd; Ruipu Energy Co.Ltd and State Nuclear electric Power Planning Design & Research Institute Co,.Ltd
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The bidder submitted a scanned copy (not original) of the Letter of Bid. The BEC decided to reject the bid as non-responsive for submitting a Letter of Bid that is not originally signed and not in original form, which is not in accordance with ITB 22.1 requiring bidders to prepare an original set of documents comprising the bid.
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JV of Xian Electric Engineering Co,.Ltd and China Lithium Battery Technology Co,.Ltd
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The Bidder does not provide Bid Security in accordance with ITB 21.4 the BEC decided to reject the bidder as non-responsive.
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JV of SEPCO Electric Power Construction Corporation and ZHEIJANG Narada Power Source CO,.Ltd
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The bidder submitted a scanned copy (not original) of the Letter of Bid. The BEC decided to reject the bid as non-responsive for submitting a Letter of Bid that is not originally signed and not in original form, which is not in accordance with ITB 22.1 requiring bidders to prepare an original set of documents comprising the bid.
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JV of China Electric Power Equipment and Technology Co,.Ltd and NR Engineering Co,.Ltd
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The Bidder did not indicate the Bid Price in the Letter of Bid. Therefore Bidder No. 6 was rejected as non-responsive in accordance with ITB 18.3.
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JV of RJE Oceana Pte Ltd, Monnis Mining LLC, ABB Shanghai Free Trade Zone Industrial Co.,Ltd and Shanghai Ronghe BESS Energy Co.,Ltd
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The Bidder failed to submit Price Schedule No. 10 “BESS Total Augmentation and Lifetime O&M costs”. If this will be rectified would unfairly affect the Competitive position of other Bidders presenting substantially responsive Bids in accordance with ITB 31.2 (b). The Bid is rejected as Substantially Non-Responsive for not submitting an incomplete bid.
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Name of Bidders, evaluated price of each bid that was evaluated
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Bid price
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Total Evaluated bid Price (Initial investment + future expected costs adjusted with discount factors)
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JV of LS Electric Co,.Ltd and HEERIM Architects and Planners Co,.Ltd
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USD 96,999,450.00
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USD 153,362,626.20
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Consortium of Jiangsu Zhongtian Technology Co,.Ltd and Zhongtian Energy Storage Technology CO,. Ltd
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USD 80,925,419.15
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USD 139,844,003.15
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Name of the Winning Bidder
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Consortium of Jiangsu Zhongtian Technology Co.,Ltd (ZTT) and Zhongtian Energy Storage Technology Co,.Ltd (ZEST) , Peoples Republic of China
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The price the winning Bidder is offered
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USD 80,925,419.15 (Excluding Tax)
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Contract Duration
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38 months
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Summary of Scope of Services
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The Government of Mongolia received financing from the Asian Development Bank to implement the First Utility-Scale Energy Storage Project.
The Contractor willdesign,manufacture,test,deliver,install,completeandcommissionof 80MW/200MWH Battery Energy Storage System and support the Employer during 2 Years of Start-Up Operation.
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Contract Signing Expected Date:
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22 July 2022
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