Bulletin Updates
CPCL’s Green Hydrogen tender runs into trouble: Legal ambiguity, design conflicts, and utility shocks surface – 9 Jun 2025
Jun 09, 2025
CPCL’s multi-stage clarifications reveal deep rifts in BOO responsibility, risk sharing, and infrastructure coordination.
Multiple bidders question the logic of certain clauses while CPCL stands firm — raising concerns over project bankability, technical clarity, and future dispute risks.
No water, no power, no effluent link — bidders must manage end-to-end setup, raising project CAPEX sharply.
Hydrogen delivery risk shifts entirely to BOO, unsettling financiers banking on fixed offtake.
NR-only pricing narrows financing routes, pushes LCOH up by 25–30% — banks wary.
Purity levels unlikely to justify pigging, yet the clause remains — bidders baffled.
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