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

03 Sep 2021 CW Team

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

Real Estate

07 Jul 2026

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..

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..

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..