GUVNL Invites Bids for 500 MW/1000 MWh BESS Projects in Gujarat
POWER & RENEWABLE ENERGY

GUVNL Invites Bids for 500 MW/1000 MWh BESS Projects in Gujarat

Gujarat Urja Vikas Nigam (GUVNL) has issued an invitation for bids to set up 500 MW/1000 MWh standalone battery energy storage systems (BESS) under tariff-based competitive bidding (Phase VI). The deadline for bid submissions is February 24, 2025, with bids to be opened on February 28.
 
Bidders are required to submit a document fee of Rs 29,500 and a document processing fee of Rs 1.5 million plus 18% GST. An earnest money deposit of Rs 500,000 and a performance bank guarantee of Rs 1.25 million per MW are also required. 

The scope includes setting up BESS that will be available to GUVNL for charging and discharging on-demand. Developers must interconnect the storage system with the state transmission network. The minimum bid size is 100 MWh (50 MW x 2 hours), with additional bid sizes in multiples of 50 MW/100 MWh. 

The BESS must be able to charge and discharge at a C rate of 0.5 and operate in groups ranging from 50 MW/100 MWh to 100 MW/200 MWh up to the total rated capacity. It will draw power from Gujarat Energy Transmission Corporation (GETCO) for charging and inject power back based on dispatch instructions from the State Load Dispatch Centre (SLDC) in coordination with GUVNL. 

Developers are expected to ensure two operational cycles per day and guarantee a minimum system availability of 95% annually. Additionally, they must ensure AC to AC roundtrip efficiency of 85% on a monthly basis.
 
Bidders must have operational technologies that minimize risk and ensure timely project commissioning. Their net worth should be at least Rs 7.4 million per MW of the quoted capacity as of the last date of the previous financial year or at least seven days before the bid submission deadline. 

In December 2024, Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group), and Advait Infratech won GUVNL’s 500 MW/1000 MWh Phase IV standalone BESS auction. GUVNL also issued the Phase V tender in October 2024 for 200 MW/1600 MWh standalone BESS projects in Gujarat. 

(Mercom)      

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Gujarat Urja Vikas Nigam (GUVNL) has issued an invitation for bids to set up 500 MW/1000 MWh standalone battery energy storage systems (BESS) under tariff-based competitive bidding (Phase VI). The deadline for bid submissions is February 24, 2025, with bids to be opened on February 28. Bidders are required to submit a document fee of Rs 29,500 and a document processing fee of Rs 1.5 million plus 18% GST. An earnest money deposit of Rs 500,000 and a performance bank guarantee of Rs 1.25 million per MW are also required. The scope includes setting up BESS that will be available to GUVNL for charging and discharging on-demand. Developers must interconnect the storage system with the state transmission network. The minimum bid size is 100 MWh (50 MW x 2 hours), with additional bid sizes in multiples of 50 MW/100 MWh. The BESS must be able to charge and discharge at a C rate of 0.5 and operate in groups ranging from 50 MW/100 MWh to 100 MW/200 MWh up to the total rated capacity. It will draw power from Gujarat Energy Transmission Corporation (GETCO) for charging and inject power back based on dispatch instructions from the State Load Dispatch Centre (SLDC) in coordination with GUVNL. Developers are expected to ensure two operational cycles per day and guarantee a minimum system availability of 95% annually. Additionally, they must ensure AC to AC roundtrip efficiency of 85% on a monthly basis. Bidders must have operational technologies that minimize risk and ensure timely project commissioning. Their net worth should be at least Rs 7.4 million per MW of the quoted capacity as of the last date of the previous financial year or at least seven days before the bid submission deadline. In December 2024, Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group), and Advait Infratech won GUVNL’s 500 MW/1000 MWh Phase IV standalone BESS auction. GUVNL also issued the Phase V tender in October 2024 for 200 MW/1600 MWh standalone BESS projects in Gujarat. (Mercom)      

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement