Call for tenders for the purchase of 450 MW of wind power: Hydro-Québec Distribution accepts 3 bids totaling 446.4 MW

MONTRÉAL, Dec. 16, 2014 /CNW Telbec/ - Hydro-Québec Distribution announces that it has accepted 3 bids totaling 446.4 MW in response to the call for tenders issued on December 18, 2013, for the purchase of a block of 450 MW of wind power generated in Québec.

Deliveries of electricity must start December 1, 2016 and December 1, 2017. The average price of the accepted bids is 7.6 ¢/kWh, including 1.3 ¢/kWh for transmission costs.

Over the coming weeks, Hydro-Québec Distribution will work with the project proponents to finalize the contracts. The contracts will then be submitted to the Régie de l'énergie for approval. The proponents will be responsible for obtaining all the approvals and permits needed to build wind farms prior to the start of construction.

From the start of the tender call, Hydro-Québec Distribution worked with the firm Raymond Chabot Grant Thornton & Cie to evaluate the bids and to ensure application of the call for tenders and contract award procedure.

List of accepted bids

Additional information is available on Hydro-Québec's Web site at http://www.hydroquebec.com/distribution/en/marchequebecois/index.html.

SOURCE: Hydro-Québec

Marc-Antoine Pouliot, Media Officer, Hydro-Québec - Media Team, Tel.: [phone], [email protected]