+
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
Real Estate

Suraj Estate Launches Rs 1.2 Billion Project in Prabhadevi

Suraj Estate Developers has launched a new luxury residential project in Mumbai’s upmarket Prabhadevi area, with a projected gross development value (GDV) of Rs 1.2 billion, according to a stock exchange filing.The project, named Suraj Aureva, is designed as a 21-storey residential tower featuring compact premium residences. It includes 1, 2, and 3 BHK apartments, with prices starting from Rs 24.7 million.The developer stated that the project addresses rising demand for high-end yet space-efficient homes in Prabhadevi, a locality where such inventory remains limited.The Mumbai-based firm als..

Next Story
Real Estate

Mittal, HoABL to Co-Develop Rs 20 Billion Housing Project

Realty firm Mittal Builders has entered into a Joint Development Agreement (JDA) with the House of Abhinandan Lodha (HoABL) to develop a major housing project in the Mumbai Metropolitan Region (MMR), with a planned investment of Rs 20 billion.The 11-acre project, located in Naigaon, will comprise over 4,600 apartments and high-street retail space, spanning approximately 30 lakh sq ft. It is expected to be launched in the second quarter of FY2025–26.According to Mittal Builders, the project will involve a total gross development value (GDV) of over Rs 30 billion within the next three to five ..

Next Story
Real Estate

Central Park Sells 85 per cent of Selene Units on Launch Day

Central Park has launched Selene, a new luxury residential tower within its Flower Valley township in South Gurugram. Comprising 353 fully furnished serviced studio and one-bedroom residences, the project witnessed 85 per cent of its inventory sold on the day of launch—highlighting robust demand for premium serviced housing in the region.Selene features four-side open units with a floor-to-floor height of 3.9 metres, offering panoramic views of the Alpha Golf Course and the Aravalli Range. Designed for urban homebuyers prioritising privacy, comfort, and long-term value, the development is po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?