Gujarat Issues Tender For Procurement of 750 MW Solar Power

GUVNL has issued an RfS for procuring 750 MW of solar power from solar PV projects located in the 1000 MW capacity Dholera.

GUVNL 750 MW Solar

The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS) for procuring 750 MW of solar PV power through a competitive bidding process (followed by reverse e-auction (e-RA)) from projects solar PV projects located in the 1000 MW capacity Dholera Solar Park (Phase-VII).

In order to fulfill the renewable purchase obligation (RPO) and to meet the future requirements of Discoms, GUVNL intends to procure 750 MW solar power from the projects to be located in 1000 MW Dholera Solar Park through competitive bidding process (Phase VII) on “Build Own Operate” basis. GUVNL is re-tendering the 750 MW capacity which remained unallocated in the previous solar tender (Phase-V) invited in January this year, wherein a pre-bid meeting was held on January 30, 2019.

The last date for bid submission is July 24, 2019, and the techno-commercial bids will be opened one July 25, 2019. The financial bid opening has been scheduled for August 1, 2019, which will be followed up by the e-RA. All bidders must submit an Earnest Money Deposit of Rs 10 lakh per MW of their bid capacity along with their bids.

The bidders selected by GUVNL based on this RfS shall set up solar power projects in Dholera Solar Park on BOO basis in accordance with the provisions of this RfS document and standard Power Purchase Agreement (PPA). GUVNL shall enter into PPA with successful bidders for a period of 25 years from the scheduled commercial operation date of the project. The maximum tariff payable to the selected bidder and that a bidder can quote at any stage during the bidding process shall be Rs 2.75 per unit.

Since the park has been subdivided into plots of 50 MW capacity each, every bidder will be allowed to place a bid for minimum 50 MW capacity and in multiples of 50 MW only.

For more information click here.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
Ayush Verma

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

      SUBSCRIBE NEWS LETTER
Scroll