GUVNL plans to procure 3,000 MW thermal power on long term basis
POWER & RENEWABLE ENERGY

GUVNL plans to procure 3,000 MW thermal power on long term basis

Gujarat Urja Vikas Nigam Limited (GUVNL) is planning to procure 3,000 MW electricity from thermal power plants by a competitive bidding process on a long-term basis.

For the power procurement from the thermal power plant, the state-run apex power utility has also issued draft bid documents and has sought views and comments from the interested stakeholders.

The electricity will be procured from the existing and new thermal power plants established on a design, build, finance, own, and operate (DBFOO) basis.

These plants use coal allocated under the Union government’s scheme for harnessing and allocating koyala transparently in India's (Shakti) policy for power generation, according to GUVNL.

GUVNL plans to invite bids after obtaining approval to the draft bid document from Gujarat Electricity Regulatory Commission (GERC).

Under the Shakti scheme, Gujarat will start getting coal by 2023. Hence, the commencement of power supply would tentatively start from September 2023, as per the sources.

GUVNL said that the power supply's contract period would be for 15 years. GUVNL will suggest the date of registration and process for bids submission separately once the state-run company secures approval of GERC to the bid documents.

The company plans to invite bids for electricity procurement from the thermal power plants. In 2010, it had last sought bids from thermal power producers, according to the sources.

Image Source


Also read: Gujarat's RE power capacity to be around 61,466 MW by 2030

Also read: GUVNL pulls back subsidy of 4,000 projects of 2,500 MW

Gujarat Urja Vikas Nigam Limited (GUVNL) is planning to procure 3,000 MW electricity from thermal power plants by a competitive bidding process on a long-term basis. For the power procurement from the thermal power plant, the state-run apex power utility has also issued draft bid documents and has sought views and comments from the interested stakeholders. The electricity will be procured from the existing and new thermal power plants established on a design, build, finance, own, and operate (DBFOO) basis. These plants use coal allocated under the Union government’s scheme for harnessing and allocating koyala transparently in India's (Shakti) policy for power generation, according to GUVNL. GUVNL plans to invite bids after obtaining approval to the draft bid document from Gujarat Electricity Regulatory Commission (GERC). Under the Shakti scheme, Gujarat will start getting coal by 2023. Hence, the commencement of power supply would tentatively start from September 2023, as per the sources. GUVNL said that the power supply's contract period would be for 15 years. GUVNL will suggest the date of registration and process for bids submission separately once the state-run company secures approval of GERC to the bid documents. The company plans to invite bids for electricity procurement from the thermal power plants. In 2010, it had last sought bids from thermal power producers, according to the sources. Image Source Also read: Gujarat's RE power capacity to be around 61,466 MW by 2030 Also read: GUVNL pulls back subsidy of 4,000 projects of 2,500 MW

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code