GUVNL reissues scrapped solar tenders
POWER & RENEWABLE ENERGY

GUVNL reissues scrapped solar tenders

Gujarat state distribution company Gujarat Urja Vikas Nigam Ltd (GUVNL) has reissued tenders for 800 MW grid-connected solar projects at the Dholera and Raghanesda Solar Parks in the state.

The first tender is for 700 MW of solar projects (Phase IX-R) to be set up at the 1 GW Dholera solar park. The second tender is for developing 100 MW of solar projects (Phase X-R) at the Raghanesda Solar park.

Scope of work: The work scope for both tenders requires selected bidders to set up solar projects along with power evacuation cables up to the pooling station. Winners must also acquire all approvals, permits, and clearances required for setting up the project (including connectivity) from the state government and local bodies.

Eligibility: To be eligible to participate in the competitive bidding process for both tenders, the bidder’s net worth must not be less than Rs 8,000,000 for the quoted capacity. The successful bidders must enter into an implementation and support agreement with the solar power developer. Both tenders require bidders to submit an earnest money deposit (EMD) of Rs 400,000 per MW.

Last date of bid submission: The deadline for submission of bids for both tenders is 12 April 2021, for online bids, and 15 April 2021, for offline bids.

The 700 MW tender at Dholera was originally floated in January 2019, with the upper tariff ceiling of Rs 2.75 per kWh. In July last year, GUVNL retendered 100 MW of capacity unallocated in its previous solar tender for 700 MW of solar projects to be set up at Raghanesda Solar Park. The tariff cap for the projects was Rs 2.75 per kWh.

In August 2020, Tata Power, Vena Energy Renewables, SJVN Ltd, Renew Power, and TEQ Green Power (a subsidiary of O2 Power) won the auction for 700 MW of solar power floated by GUVNL for the Dholera solar park (Phase IX) tender.

In February, the Gujarat Electricity Regulatory Commission (GERC) allowed the GUVNL to cancel the 700 MW solar auction at Dholera Solar Park and re-tender it to discover a lower tariff for the projects. It also allowed GUVNL to retender its 100 MW solar auction for projects at Raghanesda for the same reason following a petition by SJVN Limited.

Developers were not happy with this move since the tender was scrapped over five months after the auction was concluded, and letters of award (LoA) was issued.

Tata Power, SJVN Ltd, Vena Energy Renewables and TEQ Green Power, the winners of the 700 MW auction, filed petitions with the Appellate Tribunal for Electricity (APTEL), seeking relief following GUVNL’s decision to reissue its 700 MW solar tender. The developers had given GUVNL the option to keep bids valid for one week until APTEL decided.

In response, the APTEL directed the GUVNL to extend the validity of bids placed by developers in its scrapped 700 MW solar auction by two weeks. It also directed the state distribution company not to allocate the capacities awarded to the developers to third parties if it floated the 700 MW tender again.

To get the tender details click here.

Image Source


Also read: Tariff dispute: Solar players vs Gujarat power

Also read: Gujarat Electricity Corporation floats tender for 140 MW of solar projects

Gujarat state distribution company Gujarat Urja Vikas Nigam Ltd (GUVNL) has reissued tenders for 800 MW grid-connected solar projects at the Dholera and Raghanesda Solar Parks in the state. The first tender is for 700 MW of solar projects (Phase IX-R) to be set up at the 1 GW Dholera solar park. The second tender is for developing 100 MW of solar projects (Phase X-R) at the Raghanesda Solar park. Scope of work: The work scope for both tenders requires selected bidders to set up solar projects along with power evacuation cables up to the pooling station. Winners must also acquire all approvals, permits, and clearances required for setting up the project (including connectivity) from the state government and local bodies. Eligibility: To be eligible to participate in the competitive bidding process for both tenders, the bidder’s net worth must not be less than Rs 8,000,000 for the quoted capacity. The successful bidders must enter into an implementation and support agreement with the solar power developer. Both tenders require bidders to submit an earnest money deposit (EMD) of Rs 400,000 per MW. Last date of bid submission: The deadline for submission of bids for both tenders is 12 April 2021, for online bids, and 15 April 2021, for offline bids. The 700 MW tender at Dholera was originally floated in January 2019, with the upper tariff ceiling of Rs 2.75 per kWh. In July last year, GUVNL retendered 100 MW of capacity unallocated in its previous solar tender for 700 MW of solar projects to be set up at Raghanesda Solar Park. The tariff cap for the projects was Rs 2.75 per kWh. In August 2020, Tata Power, Vena Energy Renewables, SJVN Ltd, Renew Power, and TEQ Green Power (a subsidiary of O2 Power) won the auction for 700 MW of solar power floated by GUVNL for the Dholera solar park (Phase IX) tender. In February, the Gujarat Electricity Regulatory Commission (GERC) allowed the GUVNL to cancel the 700 MW solar auction at Dholera Solar Park and re-tender it to discover a lower tariff for the projects. It also allowed GUVNL to retender its 100 MW solar auction for projects at Raghanesda for the same reason following a petition by SJVN Limited. Developers were not happy with this move since the tender was scrapped over five months after the auction was concluded, and letters of award (LoA) was issued. Tata Power, SJVN Ltd, Vena Energy Renewables and TEQ Green Power, the winners of the 700 MW auction, filed petitions with the Appellate Tribunal for Electricity (APTEL), seeking relief following GUVNL’s decision to reissue its 700 MW solar tender. The developers had given GUVNL the option to keep bids valid for one week until APTEL decided. In response, the APTEL directed the GUVNL to extend the validity of bids placed by developers in its scrapped 700 MW solar auction by two weeks. It also directed the state distribution company not to allocate the capacities awarded to the developers to third parties if it floated the 700 MW tender again. To get the tender details click here. Image Source Also read: Tariff dispute: Solar players vs Gujarat power Also read: Gujarat Electricity Corporation floats tender for 140 MW of solar projects

Next Story
Infrastructure Energy

Serentica Secures $100M Loan for 300 MW Rajasthan Solar Project

Serentica Renewables announced on Thursday the successful financial closure of its second External Commercial Borrowing (ECB) financing, securing over $100 million in debt from global financial institutions Rabobank and Société Générale.The funds will support the development of a 300-megawatt (MW) solar power project in Rajasthan, designed to supply clean energy to Bharat Aluminium Company (BALCO), a leading Indian aluminium producer and subsidiary of the Vedanta Group.Akshay Hiranandani, CEO of Serentica Renewables, said, “This successful financial close, backed by global partners like ..

Next Story
Infrastructure Energy

Jindal Stainless Partners on 282 MW Wind-Solar Hybrid Project

Jindal Stainless Ltd, India’s largest stainless steel manufacturer, has joined forces with private-sector power producer Oyster Renewable Energy to develop a 282 MW interstate wind-solar hybrid power project for its own consumption.The project is strategically located across Bhuj in Gujarat and Agar in Madhya Pradesh. It will combine 82 MW of wind and 135 MWp of solar capacity in Madhya Pradesh, alongside 99 MW of wind capacity in Gujarat, to supply power to Jindal Stainless Ltd’s manufacturing plants.Jindal Stainless has acquired a 33.64 per cent equity stake in Oyster Green Hybrid One Pv..

Next Story
Infrastructure Energy

India Must Double Renewable Capacity To Hit 500 GW Target

India’s renewable energy sector must nearly double its annual capacity additions to 50 gigawatts (GW) between 2025 and 2030 to meet the ambitious target of 500 GW, according to a report by S&P Global Ratings. This represents a significant jump from last year’s addition of 29 GW.The global rating agency estimates that achieving this goal will require an investment of approximately USD 175 billion (around Rs 14.5 trillion) in capacity expansion, alongside up to USD 150 billion (about Rs 12.5 trillion) for the development and strengthening of transmission and distribution infrastructure.A..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?