Hydro-Quebec Distribution Issues Call for Tenders for 2,000 MW of Wind Power
MONTREAL, Oct. 31 /PRNewswire/ - Hydro-Quebec Distribution is issuing a call for tenders today for the purchase of 2,000 MW of wind power generated in Quebec to meet the long-term electricity needs of Quebec customers. Deliveries must begin between December 1, 2009 and December 1, 2013. The quantities of power required are distributed over time as follows: - 300 MW starting on December 1, 2009; - 400 MW starting on December 1, 2010; - 400 MW starting on December 1, 2011; - 450 MW starting on December 1, 2012; - 450 MW starting on December 1, 2013. A bid may deal with all or a portion of an annual requested quantity. The terms of the contracts may vary between fifteen and twenty-five years and are subject to approval by the Regie de l'energie. Projects must have the following Quebec and regional content: - a minimum of 60% of the total cost of each wind farm must be incurred in Quebec; - a minimum of 30% of all wind turbine costs must be incurred in a region defined as the regional county municipality of Matane and the administrative region of Gaspesie-Iles-de-la-Madeleine. In addition, projects that contribute to the development and participation of local communities an Native communities will be encouraged. Including today's call for tenders for 2,000 MW, Quebec should have a total installed wind power capacity of nearly 3,500 MW by 2014. Together, these wind power projects represent capital investments of approximately $5 billion in Quebec. Here are a few important dates from the call for tenders timetable: - Pre-bid conference dates for potential bidders: - Pre-bid conference in French: January 26, 2006 - Pre-bid conference in English: January 27, 2006 - Deadline for the submission of bids: - April 17, 2007 Hydro-Quebec Distribution has mandated Deloitte Inc. to assist with the call for tenders process and to act as its official representative. The Bid Document, the Pre-Bid Conference Registration Form, the Call for Tenders Registration Form and the Bid Form are available on Hydro-Quebec Distribution's Web site: http://www.hydroquebec.com/distribution/en/marchequebecois Hydro-Quebec is a major producer, transmission provider and distributor of electricity in North America. It has access to an installed capacity of 39,000 MW, and 97% of its generating fleet is hydroelectric. The company also operates an extensive transmission system, which comprises 32 487 kilometres of lines. It supplies electricity to more than three million consumers in Quebec.
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