GSECL Tenders for 224 MW of Grid-Connected Solar Projects

Highlights :

  • Gujarat continues to add a strong solar project pipeline heading into 2022.
  • Bids are expected to come in at sub Rs 2.50/kWh levels for this tender too.
GSECL Tenders for 224 MW of Grid-Connected Solar Projects

A wholly-owned subsidiary of the Gujarat Urja Vikas Nigam, Gujarat State Electricity Corporation Limited has floated a tender for a 224 MW solar Photovoltaic grid-connected power plant.

The tender has been issued for the power plants ranging from 10 MW to 55 MW at various substations of GETCO of Surendranagar, Morbi Kutchh, Jamnagar & Surat Districts in the State of Gujarat.

The scope of work includes Design, Engineering, Supply, Procurement, Installation, Commissioning, Operation, and Maintenance of the power plants for five years.

The last date for online bid submission is September 9, 2021, while a pre-bid meeting has been scheduled for the first of September. Interested bidders are expected to pay a non-refundable tender fee of Rs. 25,000, along with a refundable Earnest Money Deposit (EMD) of Rs. 4 Lakh/MW in the form of a Bank Guarantee. Whereas, the total estimated cost of the tender is Rs. 896 Crores.

The total capacities for the power plants for different districts are differentiated into seven groups.

To be eligible for submitting bids, the bidder should have designed, supplied, and erected/, supervised, and commissioned of Solar Photo Voltaic (SPV) based grid-connected power plant(s) of cumulative installed capacity of 40% or higher of total bid capacity in MW, out of which at least one plant should have been of AC 10 MW or higher for bid capacity of 21 up to 55 MW and 5 MW for 10 up to 20 MW capacity.

The bidder should be an Indian company registered in India and should be Group company/Holding Company /Subsidiary company / JV company.

Cumulative Turnover of the Bidder for the last three financial years shall be at least Rs. 4 Crores. In case a Bidder is a 100 % subsidiary company, its Holding Company would be required to meet the stipulated turnover requirements as above. Over and above bidder have to submit unconditional Bank Guarantee equivalent but not less than 5 % of EPC price from holding company which shall be furnished within ten days after Notification of Award.

 Earlier this year, GSECL awarded an LoA to build a 95 MW solar project to Tata Power Solar, the order value of the project was approximately Rs 460 crores.

In contrast to adding solar power in the state through small developers, GUVNL has recently withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity.

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Bhoomika Singh

Bhoomika is a science graduate, with a strong interest in seeing how technology can impact the environment. She loves covering the intersection of technology, environment, and the positive impact it can have on the world accordingly.