GUVNL Issues Bids for 250 MW Wind Power Projects in Gujarat

23 Jan 2025 CW Team

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 250 MW of grid-connected wind power projects, with an additional greenshoe option of 250 MW, to be developed in Gujarat. The deadline for bid submissions is February 11, 2025, and bids will be opened on February 14.

Bidders are required to pay a bid document fee of Rs 25,000 plus GST, along with a tender processing fee of Rs 300,000 plus 18% GST. They must also submit an earnest money deposit of Rs 1.3 million per MW and a performance bank guarantee of Rs 3.2 million per MW.

The project must be designed for interconnection with the state or central transmission utility via a dedicated transmission line, delivering energy at the Gujarat Energy Transmission Corporation periphery.

Bidders are expected to use commercially established and operational wind turbine technologies listed in the revised list by the Ministry of New and Renewable Energy. They must also establish the power transmission infrastructure up to the interconnection point and maintain it for grid connectivity.

The renewable energy generating station should support dynamically varying reactive power to maintain a power factor within the range of 0.95 lagging to 0.95 leading.

Bidders will be responsible for securing the necessary land for the project and must maintain a minimum capacity utilisation factor of 22%. Shortfalls in energy generation will require compensation up to 50% of the power purchase tariff.

In addition to this, GUVNL had earlier issued bids in August 2024 for 500 MW of grid-connected solar power projects and in July 2024 for 500 MW of wind power projects (Phase VIII), both with a greenshoe option for an additional 500 MW.

(Mercom)

Infrastructure Urban

30 May 2026

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..

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..

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..