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)      

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
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->