+
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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code