Gujarat Urja Vikas Nigam Limited (GUVNL) has released a Request for Selection (RfS) document for the purchase of power through competitive bidding from 500 MW Grid-Connected Solar Photovoltaic (PV) Power Projects. This initiative aims to harness solar energy efficiently and sustainably while promoting investment in green infrastructure.
Opportunity for Solar Developers:
- GUVNL’s RfS invites bids from developers interested in setting up or already commissioning solar PV projects across India.
- The initiative offers a total capacity of 500 MW, with an additional Greenshoe option of up to 500 MW, allowing developers to expand their project portfolio.
Earnest Money Deposit (EMD):
- Bidders must submit an earnest money deposit of Rs. 9,28,000/- per MW in the form of a bank guarantee along with their Response to RfS.
- The EMD requirement demonstrates the bidder’s commitment to participating in the competitive bidding process and ensures seriousness of intent.
Bid Submission Deadline:
- The deadline for online submission of bids is set for 22.04.2024 at 5:00 PM.
- Bidders must adhere to the specified timeline to avoid any delays or disqualifications.
Pre-Bid Meeting:
- A pre-bid meeting is scheduled for 02.04.2024 at 11:30 AM to address queries and provide clarity on the bidding process.
Detailed tender specifications and submission guidelines are available for download from https://www.bharat-electronictender.com, serves as a blueprint for project implementation and outlines the terms and conditions governing the sale of solar power to GUVNL.
