14.May .2021 11:00

GSE Receives Financing From The WB For Energy Supply Reliability And Financial Recovery

GSE Receives Financing From The WB For Energy Supply Reliability And Financial Recovery
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Georgia has received financing from the World Bank toward the cost of the Energy Supply Reliability and Financial Recovery, and intends to apply part of the proceeds for consulting services.

The Georgian State Electrosystem JSC (hereinafter to referred to as the “Client”) is now seeking expressions of interest of Consulting Services for Feasibility Study for Construction of Georgia-Romania Undersea Power and Digital Interconnection Project.

The Georgian transmission network operator - Georgian State Electrosystem (GSE) – has a robust ten-year network development plan for 2020-2030 (TYNDP 2020-2030) aimed at further improvement of electricity supply reliability in the country and improvement of regional connectivity of the Georgian power system. One of the projects, which is currently being evaluated for inclusion in TYNDP, is the electric and digital interconnection between Georgia and Romania (GE-RO Interconnection Project). This Interconnection Project, which the Bank’s preliminary economic analysis confirmed to be viable, would create significant economic benefits for Southern Caucasus (SC) countries and Romania. In particular, the electric cable would allow SC countries to benefit from expanded export opportunities to Romania and broader South-Eastern Europe (SEE) considering the hourly energy market prices and import electricity during winter time periods at competitive rates thus reducing dependency on existing expensive imports and thermal generation.

GSE now invites eligible consulting firms ("Consultants") to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.

The shortlisting criteria are:

• General Experience of not less than 15 years in high voltage power transmission interconnection and OFC projects. In the evaluation matrix the weight of the General Experience will be 20%, out of 100%.

• Specific experience in preparation of Feasibility Studies for construction of undersea power and digital interconnection projects completed in the last 15 years (i.e. since January 2006);. In the evaluation matrix the weight of the Specific Experience will be 80% out of 100%.

A Consultant will be selected in accordance with the procedures set out in World Bank’s Guidelines: World Bank Procurement Regulations for IPF Borrowers”, dated November 2020“Consultant’s Quality and Cost-based Selection (QCBS) method”.

Expressions of Interest must be delivered in a written form to the address below in person, or send by e-mail, not later than the submission deadline, i.e. on or before May 25, 2021, 17:00 Georgian time.