+
Gujarat invites bids for 1,125 MW Solar Projects in Khavda
POWER & RENEWABLE ENERGY

Gujarat invites bids for 1,125 MW Solar Projects in Khavda

Gujarat Urja Vikas Nigam (GUVNL) has announced a call for bids for the procurement of power from 1,125 MW grid-connected solar power projects. These projects are intended to be established at Gujarat State Electricity Corporation (GSECL)'s renewable energy park in Khavda (GSECL Stage-3) without incorporating energy storage.

The deadline for bid submissions is February 15, 2023, with the bid opening scheduled for February 19.

Interested bidders are required to submit Rs 25,000 ($300) + 18% GST as the cost of the tender document. Additionally, a bid processing fee of Rs 3,00,000 ($3,603) is applicable, along with an earnest money deposit of Rs 9,28,000 ($11,146) per MW of the quoted capacity.

Upon being selected, the successful bidder must provide an amount equivalent to Rs 2.32 million ($27,866) per MW of the allocated capacity as a performance bank guarantee after receiving the letter of intent but before signing the power purchase agreement (PPA).

Bidders must offer a minimum capacity of 50 MW. Eligibility criteria include consideration for projects under construction, those not yet operational, and those already operational without a long-term PPA. This applies only to projects not accepted under other central or state programs and free from obligations to existing buyers.

The signing of the PPA with GUVNL by successful bidders must occur within 30 days of receiving the letter of intent or within ten days from the Gujarat Commission's adoption of the tariff, whichever is later.

To minimise technology risk and ensure timely project commissioning, only commercially established and operational technologies are allowed.

Bidders are required to have a net worth not less than Rs 9.28 million ($97,574) per MW of the quoted capacity, based on the last financial year's figures. Eligibility for bidding is extended to entities from countries sharing a land border with India.

Gujarat Urja Vikas Nigam (GUVNL) has announced a call for bids for the procurement of power from 1,125 MW grid-connected solar power projects. These projects are intended to be established at Gujarat State Electricity Corporation (GSECL)'s renewable energy park in Khavda (GSECL Stage-3) without incorporating energy storage. The deadline for bid submissions is February 15, 2023, with the bid opening scheduled for February 19. Interested bidders are required to submit Rs 25,000 ($300) + 18% GST as the cost of the tender document. Additionally, a bid processing fee of Rs 3,00,000 ($3,603) is applicable, along with an earnest money deposit of Rs 9,28,000 ($11,146) per MW of the quoted capacity. Upon being selected, the successful bidder must provide an amount equivalent to Rs 2.32 million ($27,866) per MW of the allocated capacity as a performance bank guarantee after receiving the letter of intent but before signing the power purchase agreement (PPA). Bidders must offer a minimum capacity of 50 MW. Eligibility criteria include consideration for projects under construction, those not yet operational, and those already operational without a long-term PPA. This applies only to projects not accepted under other central or state programs and free from obligations to existing buyers. The signing of the PPA with GUVNL by successful bidders must occur within 30 days of receiving the letter of intent or within ten days from the Gujarat Commission's adoption of the tariff, whichever is later. To minimise technology risk and ensure timely project commissioning, only commercially established and operational technologies are allowed. Bidders are required to have a net worth not less than Rs 9.28 million ($97,574) per MW of the quoted capacity, based on the last financial year's figures. Eligibility for bidding is extended to entities from countries sharing a land border with India.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?