GUVNL Issues Request for Selection For Pilot Projects in Gujarat

Highlights :

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited a Request for Selection (RfS) for setting up of Pilot Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-I).

The last date to submit the bid is “Applicable as per NIT on the ISN-ETS portal”.

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited a Request for Selection (RfS) for setting up of Pilot Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-I). 

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The last date to submit the bid is “Applicable as per NIT on the ISN-ETS portal”.

This GUVNL 500 MW solar tender includes the scope of work in the Selection of Battery Energy Storage System Developers for Setting up 1000 MWh (500 MW x 2 hrs) Battery Energy Storage Systems in Gujarat for “Demand” usage under Tariff-based Competitive Bidding (PhaseI). The Projects will be set up under the “BOO” model. 

For participating in this grid-connected rooftop solar tender bidding process, each interested bidder will have to pay Rs. 29,500/- (including GST) as the cost of the RfS document, which is non-refundable. Each interested bidder will also have to pay Rs. 15 Lakh + 18% GST for total Project capacity quoted as a document processing fee. Bidders selected by GUVNL based on this RfS shall submit Performance Bank Guarantee (PBG) for a value of Rs. 11,10,000/MW before signing of BESPA as per terms of RfS. The awarded bidder will have to submit Rs. 7,40,000/- per MW as an earnest money deposit. 

The Net Worth of the Bidder shall be equal to or greater than Rs. 74,00,000/MW of the quoted capacity (in MW), as on the last date of the previous Financial Year, i.e. FY 2021-22 or as on the day at least 7 days before the bid submission deadline. For. eg., for a 500 MWh (250 MW x 2 hrs) project capacity, the minimum Net Worth requirement to be demonstrated shall be Rs. 74 lakh x 250 MW. In the case of the Bidder being a SEBI registered AIF, the cumulative value of Assets Under Management (AUM) with a minimum requirement of Rs 74 lakhs / MW shall be demonstrated. In this context, AUM shall mean the amount as certified by the Statutory Auditor of the AIF.

Bidders can view/download this Gujarat Urja Vikas Nigam Limited (GUVNL) RFS for 500 MW Standalone Battery Energy Storage Systems tender documents consisting of notice inviting tender, an invitation to bidders, scope of work, bidding documents, general terms and conditions of contract, erection conditions of contract, annexures, and technical specifications here.

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