Gujarat Announces Tender Of 1,125 MW Solar Projects

- Advertisement -
- Advertisement -
  • The last date for tender submission is February 15, 2023, with the bid opening scheduled for February 19
  • After selection, the bidders have to offer an amount equivalent to Rs 2.32 million ($27,866) per MW

Gujarat Urja Vikas Nigam (GUVNL) has recently announced the 1,125 MW grid-connected solar power project tender. The project will be installed at Gujarat State Electricity Corporation (GSECL)’s renewable energy park in Khavda (GSECL Stage-3).

The last date for tender submission is February 15, 2023, with the bid opening scheduled for February 19.

Bidders must submit Rs 25,000 ($300) + 18% GST as the cost of the tender document. A bid processing fee of Rs 3,00,000 ($3,603) is also applicable, along with an earnest money deposit of Rs 9,28,000 ($11,146) per MW of the quoted capacity.

- Advertisement -

After selection, the bidders have to offer an amount equivalent to Rs 2.32 million ($27,866) per MW for the assigned capacity as a performance bank guarantee after receiving the letter of intent but before signing the power purchase agreement (PPA).

Bidders must commit to a minimum capacity of 50 MW. Eligibility criteria encompass projects under construction, those not yet operational, and those already in operation without a long-term PPA. This is applicable solely to projects not accepted under other central or state programs and unburdened by obligations to current buyers.

Successful bidders must sign a PPA with GUVNL within 30 days of receiving the letter of intent or within 10 days from the Gujarat Commission’s approval of the tariff, whichever comes later.

Only commercially established and operational technologies are allowed to minimise technology risk and ensure timely project commissioning.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

How Effective Will The Global Biofuel Alliance Be?

0
From environmental benefits to economic opportunities, the potential of biofuels in revolutionising our energy landscape. India has made history by hosting the 18th G-20 summit...
Marina

Investments In Drone Industry Decline To US$1.7 billion

0
The 2023 data now separates drone company funding from AAM/eVTOL funding, which significantly boosted the total in 2020 and 2021. Drone companies received US$1.7 billion...

Now’s A Great Time To Make In India: Jabil’s BN Shukla

0
In news and in current affairs relevant to the current geopolitical situation, India is emerging as one of the fastest-growing electronics manufacturing services nations...

Buzz

Tata

Tata To Start Semiconductor Fab Construction Within 100 Days

0
Additionally, Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. The Union Cabinet chaired by Prime Minister...

Honda Unveils 2025 CR-V e Hydrogen Fuel Cell EV In US

0
Honda announced that the 2025 CR-V e:FCEV will be available for customer leasing in California starting later this year. Honda has unveiled the 2025 Honda...
Huawei

Huawei Launches Intelligent Distribution, Reduces High Line Losses

0
IDS uses high-speed power line carrier communication (HPLC) for low-voltage communication, facilitating rapid data collection and interactive connections  at a 99% data acquisition success...

Important Sectors

Tata

Tata To Start Semiconductor Fab Construction Within 100 Days

0
Additionally, Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. The Union Cabinet chaired by Prime Minister...
Marina

Investments In Drone Industry Decline To US$1.7 billion

0
The 2023 data now separates drone company funding from AAM/eVTOL funding, which significantly boosted the total in 2020 and 2021. Drone companies received US$1.7 billion...

Honda Unveils 2025 CR-V e Hydrogen Fuel Cell EV In US

0
Honda announced that the 2025 CR-V e:FCEV will be available for customer leasing in California starting later this year. Honda has unveiled the 2025 Honda...
Huawei

Huawei Launches Intelligent Distribution, Reduces High Line Losses

0
IDS uses high-speed power line carrier communication (HPLC) for low-voltage communication, facilitating rapid data collection and interactive connections  at a 99% data acquisition success...

Bosch And Microsoft Explore Safety With Generative AI

0
The companies are collaborating to harness generative AI for improved vehicle convenience and enhanced road safety. Bosch is exploring the use of generative AI to...

Manufacturing

Now’s A Great Time To Make In India: Jabil’s BN Shukla

0
In news and in current affairs relevant to the current geopolitical situation, India is emerging as one of the fastest-growing electronics manufacturing services nations...

MeitY Secretary: Domestic Semiconductor Manufacturing Is The Next Big Thing

0
At the India Digital Summit (IDS) 2024, S Krishnan, Secretary of MeitY, highlighted that India is on the brink of a major move towards...

Tata Picks Somerset For UK Battery Plant

0
The Bridgewater factory, operated by the subsidiary Agratas, will initially produce batteries for JLR and Tata Motors; with a capacity of 40GWh, it will...

India’s Semiconductor Manufacturing Ambition Needs A Decadal Plan

0
Explore India’s surge in semiconductor imports, the pressing need for self-reliance, and the strategic pillars reshaping the nation’s technological destiny. Artificial intelligence (AI) refers to...

India’s Battery Manufacturing Capacity To Hit 120 GWh By 2028: Official

0
The government has allocated 30GWh capacity to three companies under the PLI scheme for ACC battery manufacturing and is in the process of awarding...