Gujarat Urja Vikas Issues 750 MW Solar Tender Through Competitive Bidding

Gujarat Urja Vikas Nigam Ltd (GUVNL) has floated a tender for a 750 MW solar power project through competitive bidding process. 

The last date for submitting the online bid is August 23, 2022, till 5:00 pm and for the offline bid is August 25, 2022, at 05:00 pm. Bids will be opened on August 26, 2022, at 11:00 PM.

This 750 MW of GUVNL solar tenders includes site survey, design, engineering, supply, construction, erection, testing, O&M, and commissioning work. 

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The successful bidder shall set up Solar PV Power Project including the electrical network up to the delivery point at its own cost. All approvals, permits, and clearances required for setting up the Project (including connectivity and land registration) and those required from the State Government and local bodies shall be within the scope of the successful bidder. 

The minimum winning capacity of the project is 25 MW for the single project developer. Each interested bidder will have to pay Rs. 29,500/- (including 18% GST amount) as a cost of the RFS document fee to participate in the bidding process. This RFS document fee amount is non-refundable.

Along with this, each interested bidder will also have to pay Rs. 3,54,000/- (including 18% GST amount) as a processing fee, which is also non-refundable. The bidder awarded the project will have to submit Rs. 4 Lakh / MW as an Earnest Money Deposit or Bank Guarantee. The Performance Bank Guarantee (PBG) of this solar project is Rs. 9.44 Lakhs/ MW (including 18% GST amount) which the selected bidder will have to pay after issuance of LoI and before the signing of PPA.

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The net-worth of the bidder on the date of the financial year ending should not be less than Rs. 80 Lakhs per MW.  

Bidders can view/download this Gujarat Urja Vikas Nigam Ltd (GUVNL) solar tender document consisting of notice inviting tender, the invitation to bidders, scope of work, bidding documents, general terms and conditions of contract, erection conditions of contract, annexures, and technical specification here.

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