REQUEST FOR PROPOSALS (RFP) FOR PROVISION OF TRANSACTION ADVISORY SERVICES FOR THE DEVELOPMENT OF A LIQUEFIED NATURAL GAS FIRED POWER PLANT AT DONGO KUNDU

in order to achieve financial close.
The scope of work is divided into three phases, namely:
Phase 1 – Review and update the existing Feasibility Study Report - Review and
update the existing feasibility study focusing for the new LNG Power Plant at Dongo
Kundu, propose possible project structures, implementation schedule, conduct
6
market sounding, and follow-up consultations with the CA and PPP Directorate to
decide on project structure options and whether to proceed with the Project.
Phase 2 – Procurement and Project Implementation (subject to approval by CA
and PPPD) - Development of procurement documents, guiding the procurement
process, tender process organisation, and support on project implementation from
contract negotiation through to Financial Close.
Phase 3 – Project Based Learning - Project Based Learning. This entails capacity
building for the Project Implementation Team (Contracting Authorities & PPP
Directorate), including knowledge and skills transfer. This phase shall be
implemented simultaneously with the two other phases.
4. PHASE 1: PROJECT FEASIBILITY STUDY (PROJECT STRUCTURING)
The Transaction Advisor shall review and update the existing feasibility study (to be
provided to the selected bidder) and complete the feasibility study to comply with the
PPP Act. The feasibility study is intended to determine the commercial viability and
PPP suitability of implementing the proposed Project from a technical, economic,
social, environmental and financial perspective.
The Consultant shall conduct Affordability assessments, Public Sector Comparator
(PSC) and Value-for-Money (VfM) analysis, and Fiscal Commitment and Contingent
Liability (FCCL) assessment consistent with PPP best practices and the National
Treasury practice to inform PPP Committee approvals
The Consultant shall review existing studies and planning documents, identify data
gaps and critical preconditions required for implementation of the Project, and
recommend whether such actions should be undertaken in advance or incorporated
within the PPP project structure.
The Consultant shall evaluate alternative project configurations — including bundled
versus unbundled approaches and recommend the optimal project structure,
institutional framework, risk allocation and procurement strategy.
The Consultant shall coordinate closely with the State Department for Energy and
relevant stakeholders, including National Treasury, KPLC, KETRACO, KPA (where
applicable), EPRA and NEMA, to assess technical, environmental, regulatory and grid
integration considerations.
7
Phase 1 shall conclude upon approval of the feasibility study by the CA and PPP
Directorate.
4.1 Task 1: Technical and Commercial Feasibility
The TA shall review the existing Feasibility Studies to determine the Technical and
Commercial Feasibility of the Project. The Technical and Commercial Feasibility
Study shall assess technical configurations and commercial structuring options for
the Project, building upon the existing feasibility work undertaken. The Study shall
evaluate projected market demand for the power to be generated, including demand
for Contracting Authorities and revenue implications. It shall further undertake a grid
stability assessment and examine the implications for the transmission network,
including integration requirements and system reinforcement needs. The Study shall
culminate in recommendations on the optimal technical configuration, commercial
set-up, and appropriate project phasing strategy.
In conducting the Technical and Commercial Feasibility, the Consultant will assess
the relevance, accuracy, and completeness of all available studies and data. This
includes identifying any limitations or outdated assumptions, flagging
inconsistencies, and outlining areas where further analysis or validation is required.
The objective is to establish a solid foundation for the feasibility study by building
upon previous studies and assessments, relying on them where appropriate, while
ensuring their findings remain accurate and relevant. The Consultant shall update or
enhance the Feasibility Study to support the Project’s bankability, ensure technical
robustness, and align with the current scope and intended PPP structure.
Specifically, the TA should include:
1. LNG Supply & Contracting Structure - ensure the feasibility analysis covers the
full LNG commercial profile, including the choice between long-term and spot
LNG procurement strategies, exposure to different price indexation formulas
(JKM, TTF, Brent), mechanisms for passing fuel price changes to the off taker,
allocation of LNG supply risk, obligations related to minimum send-out (MSO)
under FSRU/FSU charters, management of boil-off gas, and alignment of LNG
cargo sizes with seasonal power consumption patterns.
2. Full LNG and FSRU/FSU commercial assessment covering the most optimal
procurement strategy (long-term vs spot), price indexation (JKM/TTF/Brent),
8
pass-through mechanisms, LNG supply-risk allocation, MSO obligations, boil-
off gas management, and alignment of cargo size with seasonal demand. Also

[{"role": "2 Qualifications Requirements of Key Personnel and Time Input", "qualification": "degree in Finance", "experience_years": 10}, {"role": "transaction advisory services/ development of", "registration_body": "ISK"}, {"role": "No. Position Expertise Expectations", "qualification": "Bachelor\u2019s degree in mechanical", "experience_years": 10}, {"role": "No. Position Expertise Expectations", "qualification": "Bachelor\u2019s degree in mechanical or electrical", "experience_years": 10, "registration_body": "ISK"}, {"role": "infrastructure.", "qualification": "Bachelor\u2019s degree in electrical engineering (Power", "experience_years": 10}, {"role": "No. Position Expertise Expectations", "qualification": "degree in Finance", "experience_years": 7}, {"role": "economic viability assessments, etc.", "qualification": "Bachelor of Laws (LL"}, {"role": "No. Position Expertise Expectations", "qualification": "Bachelor\u2019s degree in social sciences", "experience_years": 10}]

[]