Call for tenders for the purchase of 500 MW of firm capacity and associated energy: Hydro-Québec Distribution receives 7 bids totaling 830 MW

MONTRÉAL, May 21, 2015 /CNW Telbec/ - Today marks Hydro-Québec Distribution's public bid opening for the bids received in response to its A/O 2015-01 call for tenders launched on March 4, 2015 for the purchase of 500 MW of firm capacity and associated energy to meet the long-term domestic electricity needs of its Québec customers.

Hydro-Québec Distribution received 7 bids totaling 830 MW. The associated energy must be available for a minimum of 300 hours, mainly in winter months. The contracts will be over a twenty-year period, starting on the date of the beginning of deliveries, and the power must be available and guaranteed as of December 1, 2018. However, a bidder could have submitted a proposal with deliveries starting after this date, by December 1, 2019 at the latest.

The present tender is issued to meet the very high demand during the winter peak period.

Hydro-Québec Distribution will evaluate the bids and then announce which bids have been accepted as soon as possible. Once signed, the contracts must be approved by the Régie de l'énergie.

Hydro-Québec Distribution has retained the services of Raymond Chabot Grant Thornton to assist in the tendering process and to act as its official representative.

List of accepted bids

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

SOURCE Hydro-Québec

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