Gujarat Urja Vikas Nigam floats 500 MW wind tender

11 May 2022 CW Team

The last date to submit the bids is June 15, 2022. Bids will be opened the following day.

Bidders will have to submit an earnest money deposit of Rs 1 million per MW (inclusive of 18 per cent GST). The minimum capacity a bidder can bid has been set at 25 MW.

The successful bidder will have to furnish a performance bank guarantee of Rs 2 million per MW (inclusive of 18 per cent GST) at the time of signing the power purchase agreement (PPA).

GUVNL will enter into PPAs with the successful bidders for 25 years from the scheduled commercial operation date of the project or the date of full commissioning of the project, whichever is earlier. Only certified wind turbine models listed in the Revised List of Models and Manufacturers (RLMM) prepared by the Ministry of New and Renewable Energy (MNRE) will only be allowed.

Up to 500 MW of additional capacity through the greenshoe option will be offered to the successful bidders, who are willing to execute PPAs with GUVNL at the lowest tariff (L1 rate) s to the extent of their respective quoted capacity or higher quantum to the extent of greenshoe capacity.

Bidders should ensure pre-bid original equipment manufacturer and engineering, procurement, and construction (EPC) tie-ups with not less than three manufacturers for the design, engineering, supply, procurement, construction, and operation and maintenance.

The bidder’s net worth should not be less than Rs 12 million per MW of the quoted capacity as of the last day of the previous financial year. The net worth will be the cumulative net worth of the bidding company or consortium together with the networth of those affiliates of the bidder.

Projects under construction, projects which are not yet commissioned, and projects already commissioned but do not have any long-term PPA with any agency and selling power on a short-term or merchant plant basis will be considered.

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to purchase power through a competitive bidding process from 500 MW of grid-connected wind power projects (Phase-III) with the greenshoe option for an additional capacity of up to 500 MW.The last date to submit the bids is June 15, 2022. Bids will be opened the following day.Bidders will have to submit an earnest money deposit of Rs 1 million per MW (inclusive of 18 per cent GST). The minimum capacity a bidder can bid has been set at 25 MW.The successful bidder will have to furnish a performance bank guarantee of Rs 2 million per MW (inclusive of 18 per cent GST) at the time of signing the power purchase agreement (PPA).GUVNL will enter into PPAs with the successful bidders for 25 years from the scheduled commercial operation date of the project or the date of full commissioning of the project, whichever is earlier. Only certified wind turbine models listed in the Revised List of Models and Manufacturers (RLMM) prepared by the Ministry of New and Renewable Energy (MNRE) will only be allowed.Up to 500 MW of additional capacity through the greenshoe option will be offered to the successful bidders, who are willing to execute PPAs with GUVNL at the lowest tariff (L1 rate) s to the extent of their respective quoted capacity or higher quantum to the extent of greenshoe capacity.Bidders should ensure pre-bid original equipment manufacturer and engineering, procurement, and construction (EPC) tie-ups with not less than three manufacturers for the design, engineering, supply, procurement, construction, and operation and maintenance.The bidder’s net worth should not be less than Rs 12 million per MW of the quoted capacity as of the last day of the previous financial year. The net worth will be the cumulative net worth of the bidding company or consortium together with the networth of those affiliates of the bidder.Projects under construction, projects which are not yet commissioned, and projects already commissioned but do not have any long-term PPA with any agency and selling power on a short-term or merchant plant basis will be considered.

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Infrastructure Urban

04 Dec 2025

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Infrastructure Energy

04 Dec 2025

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..