GUVNL Invites Bids to Procure Power from 500 MW Solar Projects with Greenshoe Option of Additional 500 MW


Gujarat Urja Vikas Nigam Limited (GUVNL) issues RfS Document for purchase of power through competitive bidding process (followed by reverse e-auction) from 500 MW grid connected solar photovoltaic power projects to be setup anywhere in India (Phase XIX) with Greenshoe Option of additional upto 500 MW.


In order to fulfill the renewable power purchase obligation (RPPO) and to meet the future requirements of Discoms, GUVNL intends to procure solar power up to capacity of 500 MW (Phase XIX) and additional upto 500 MW of power under Greenshoe option.


Online Submission end date is 13.03.2023 upto 5 PM while offline submission is open till 15.03.2023


Technical Bid Opening Date is 16.03.2023 at 11 AM.


Cost of RfS Document is Rs. 25,000/- plus 18% GST. Processing Fee (non-refundable) is Rs. 3 Lakhs plus 18% GST. Earnest Money is Rs. 4 Lakh / MW is to be submitted in the form of Bank Guarantee along with the Response to RfS.

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The Projects shall be located at the locations chosen by the Bidders anywhere in India at its own discretion of cost, risk and responsibility. In case of Inter-State
Projects and Projects connected through CTU Network, all the transmission charges and losses upto delivery point shall be to the account of the Successful Bidder.

Successful Bidder can opt for connectivity at STU or CTU Sub-station in case the project is set up in the State of Gujarat. In case the project is set up outside Gujarat, the successful bidder shall opt connectivity with CTU / ISTS Grid.

For more details view the tender document below:

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