SJVN Green Energy Limited, a wholly-owned subsidiary of SJVN Limited, has issued an online open tender under a single-stage, two-part bid system. This tender invites offers for the outright purchase or 28-year lease of up to 800 acres of land in Punjab. The land, which will be used for setting up solar power projects with a capacity of up to 200 MW, must include all requisite statutory clearances, chain link fencing around the periphery, and connectivity with the State Transmission Utility (STU).
Bidders can propose multiple land parcels up to a maximum of 1200 acres. Each parcel must be either 200 acres or a multiple thereof, up to 800 acres. Offers of land parcels less than 200 acres will not be considered. If a land parcel exceeds 200 acres but is not a multiple of 200, the area will be rounded to the nearest multiple, with the price bid adjusted accordingly.
The estimated spare capacity available at the proposed STU substation must be at least 50 MW for a 200-acre parcel, scaling up to 200 MW for an 800-acre parcel. Bidders must submit the latest connectivity availability list from the concerned authority or a letter from the relevant TRANSCO, verified by SJVN Green Energy Limited.
The bid security or earnest money deposit (EMD) is set at INR 20 lakh for 200 acres, INR 40 lakh for 400 acres, INR 60 lakh for 600 acres, and INR 80 lakh for 800 acres or more.
The deadline for bid submission is July 23, 2024, at 14:00 hours, with the techno-commercial bid opening at 15:00 hours on the same day. Hard copy document submission is due by August 2, 2024, at 18:00 hours.
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