A new operator is being sought for a photovoltaic power station that produces approximately 60 million yuan in annual revenue.
According to a notice posted on the National Enterprise Bankruptcy Reorganization Case Information Network, the administrator for Kailu Rongda Electric Power Co., Ltd. has issued a call for operational units during the company's bankruptcy restructuring period. The aim is to enhance the operational efficiency and power generation revenue of the solar power station by bringing in a professionally capable operator, thereby safeguarding creditor interests and facilitating a successful restructuring.
The notice reveals that the power station in question is located in the Wufen Farm, Liaohe Town, Kailu County, Tongliao City, Inner Mongolia. It occupies a total area of 2,515 mu and has an installed capacity of 49.66MW. This rooftop solar facility is a complementary pastoral-solar power station, comprising 368 rooftops, solar photovoltaic arrays, a 66KV booster station, and transmission lines. Construction began on April 1, 2017, with grid connection achieved on June 30, 2017, and final completion acceptance on September 30, 2017. The station is currently operating at full capacity. Since its commissioning in 2017, key operational data from the past five years is available.
The station's primary assets include, but are not limited to, 183,920 JA Solar photovoltaic modules, KSTAR and AUX integrated inverter units, mounting structures, cables, combiner boxes, booster station equipment, and associated transmission lines.
Prospective operators must possess over five years of experience in photovoltaic power station operation and management. They must have successfully operated at least two solar power projects, each with a minimum capacity of 30MW, within the last three years. Furthermore, at least one of these projects must be a 30MW or larger station located in the eastern region of Inner Mongolia. Relevant supporting documentation, such as operation contracts and power generation reports, is required.
The operational requirements are outlined as follows. First, regarding the minimum performance target, operators must demonstrate strong communication, coordination skills, and local resources. They must commit to an annual power generation output of no less than 70,000,000 kWh for the Rongda power station. Bidders are expected to account for annual degradation and local grid curtailment in their proposals. If the actual generation falls short of the committed amount, the operator is obligated to compensate the debtor for the corresponding electricity revenue shortfall. Additionally, operators must submit a detailed technical operations proposal tailored to the station's specific conditions, covering operational goals, maintenance plans, staffing, cost control, and risk management.
Second, the submitted bid price must comprehensively cover all operational costs for the debtor's station. This includes expenses for general station maintenance, field maintenance (such as weed control, panel cleaning, and coordination with agricultural entities), personnel wages, booster station and transmission line upkeep, security installations, equipment maintenance and upgrades, mandatory grid compliance upgrades, insurance, government policy-related fees, and other potential unforeseen costs. As it is a pastoral-solar complementary station, the operator must also commit to maintaining any existing land-use tax benefits for the debtor; any additional costs incurred from losing such benefits will be borne by the operator. During the restructuring period, Rongda Electric Power will only be responsible for taxes payable to authorities. All other operational costs will be covered by the winning bidder under a fixed, lump-sum contract, regardless of the operator's profitability.
Third, the selected operator must ensure stable station operation, establish a robust safety management system, provide thorough employee safety training, and prevent major safety incidents. Rongda Electric Power reserves the right to terminate the agreement and seek compensation if the operator fails to meet generation targets, causes a major safety accident or hazard, or intentionally or negligently damages the company's assets.
Fourth, the operator is expected to leverage its expertise and resources to coordinate with the local State Grid company regarding any outstanding or current national subsidy payments. If successful in securing these subsidies, a supplementary agreement will be negotiated to address incentive rewards related to power generation.
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