Gujarat Urja Vikas Nigam has invited bids for 300 MW of grid-connected wind power projects (phase-IV), with an additional 300 MW greenshoe option. These initiatives could be implemented throughout the country. The deadline for submitting bids online is November 30, 2022. Bids will be opened the next day. GUVNL will enter into a power purchase agreement (PPA) with successful bidders for a period of 25 years beginning with the project's scheduled commercial operation date or full commissioning date, whichever comes first. The minimum bid capacity for intrastate projects will be 25 MW, and the minimum bid capacity for interstate projects will be 50 MW. Projects that are under construction, projects that have not yet been commissioned, and projects that have already been commissioned but do not have a long-term PPA with any agency and are selling power on a short-term or merchant plant basis would be considered. The projects should not have been accepted under any other federal or state programmes, nor should they have any contractual obligations to existing buyers. Bidders must submit Rs. 300,000 ($3,646) plus 18% GST as a processing fee and Rs.1 million ($12,155) as an earnest money deposit for the quoted capacity. When signing the power purchase agreement, the successful bidder must provide a performance bank guarantee in the amount of Rs. 2 million ($24,310)/MW of the quoted capacity. Bidders' net worth as of the end of the previous fiscal year should not be less than Rs 12 million ($14,860) per MW of quoted capacity. The bidder will be solely responsible for acquiring the necessary land for the project's establishment. The project should be designed to connect to the state transmission utility or central transmission utility substation via a dedicated transmission line to deliver energy to the Gujarat Energy Transmission Corporation's periphery. The successful bidders must declare their project's annual capacity utilisation factor (CUF) at the time of PPA signing, and it will be revised once within the first three years of commercial operation. In no case should the declared annual CUF be less than 22%. During the 25-year agreement, the successful bidder must maintain generation to achieve annual CUF within +20% and -20% of the declared CUF. Only type certified wind turbine models listed in the ministry of new and renewable energy's Revised list of models and manufacturers (RLMM) will be permitted. Bidders should ensure that they have pre-bid agreements with at least three manufacturers for the project's design, engineering, supply, procurement, construction, and operation and maintenance. Any bidder from a country that shared a land border with India will be eligible to bid in this tender condition that they are registered with the competent authority. In July this year, Gujarat State Electricity Corporation, Rajpur renewables (EDF Renewables), Juniper Green Energy, Solarcraft Power India 3 (Blupine Energy), TEQ Green power xii (O2 Power), ACME Pokhran Solar, and Project Twelve Renewable Power (Ayana Renewable Power), were declared winners in GUVNL’s auction to purchase power from 500 MW of grid connected wind power projects (Phase - III) See also: Gujarat Urja Vikas Nigam floats 500 MW wind tenderGSECL invites bid to set up 100 MW wind power projects in Gujarat