Tender

Using Green Bonds to Raise International Capital for India's Transition to a Low-Carbon and Climate Resilient Economy Phase-(II)

FOREIGN & COMMONWEALTH OFFICE

This public procurement record has 1 release in its history.

Tender

12 Dec 2017 at 05:41

Tender Notice
Summary of the contracting process

The Foreign & Commonwealth Office is currently overseeing a procurement process titled "Using Green Bonds to Raise International Capital for India's Transition to a Low-Carbon and Climate Resilient Economy Phase-(II)." This tender falls under the industry category of financial consultancy services and is based in New Delhi, India. The procurement stage is active, with a tender period that ends on 2nd January 2018. The total contract value is estimated at £60,000, and the contract is expected to commence on 22nd January 2018 and end on 31st March 2018. The procurement method employed is an open procedure, allowing for competitive bidding from various participants.

This tender provides significant opportunities for businesses involved in financial consultancy, particularly those that specialise in green finance or climate resilience projects. Companies focusing on this niche, especially small and medium-sized enterprises (SMEs), would be ideal candidates to compete for the contract, as the tender specifically encourages SME participation. With the increasing emphasis on sustainability and investment in green infrastructure, participating in this project can facilitate growth and establish long-lasting partnerships in the evolving financial landscape.

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Notice Information

Notice Title

Using Green Bonds to Raise International Capital for India's Transition to a Low-Carbon and Climate Resilient Economy Phase-(II)

Notice Description

India faces huge investment requirements for its transition towards a low-carbon and climate resilient economy, and government has made it clear private sector investments as well as tapping in to international capital markets will be crucial to cover this vast capital gap. Green/Masala bonds with access to private capital at scale through the international bond markets can offer lower cost of capital compared to domestic bank lending covering various climate sensitive projects and green infrastructure investments in railways, renewable energy, water infrastructure, low carbon buildings and many other sectors. The British High Commission had been promoting green/masala bonds as well as the city of London as a preferential and eases to access capital market for Indian issuers. Our efforts in led some prominent Indian business taking the green bond route to meet their financial requirement e.g. NTPC - $300m (listed in London issuing the world's first "green masala bond" in London (a green bond issuing in Indian Rupees), Axis Bank - $500m (again listed in London stock exchange). Our support also assisted in shaping up the India-UK green finance forum, which is now actively engaged in formulating Green Bonds regulation in India. The phase (II) of this support is meant to accelerate the ongoing momentum on green bond and to closely work with key stakeholders in GOI for promoting the India-UK green finance forum as a government to government forum. Additional information: Please refer Project No 1559/ ITT No 2100

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19891a4f-2777-4b06-8bc4-b47b347a849a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/896ed045-8718-4902-8b2b-35d93c74d84b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Dec 20178 years ago
Submission Deadline
2 Jan 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Jan 2018 - 31 Mar 2018 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FOREIGN & COMMONWEALTH OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEW DELHI, INDIA
Postcode
SW1A 2AH
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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