GUVNL floats tender for solar projects

Gujarat Urja Vikas Nigam (GUVNL) is seeking proposals for Phase XVI of grid-connected solar projects totaling 750 MW, with a greenshoe option for an additional 750 MW of capacity. The deadline for submitting online bids is August 23, 2022. The day of the bid opening is August 26. The winning bidders and GUVNL may agree to a power purchase agreement (PPA) that will last for 25 years starting on the project’s anticipated commercial operation date. An earnest money payment of Rs.400,000 ($5,028)/MW is required from bidders. The bare minimum project capacity is to be 25 MW.

Contact: Gujarat Urja Vikas Nigam
Tel: 0265-2310 582
E-mail: contactus@gebmail.com
Website: www.guvnl.com

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The last date to submit online bids is February 28, 2022