The Gujarat Urja Vikas Nigam (GUVNL) has floated tender for purchase of 500 MW solar power through competitive bidding. The solar power will be procured from grid-connected solar photovoltaic power projects to be set up in the state.
The last date for submission of bids is 28 October 2020. Financial bids will be opened on 10 November 2020, which will be followed by reverse e-auction.
To fulfill the renewable power purchase obligations (RPPO) and meet future requirements of discoms, GUVNL intends to procure solar power up to 500 MW under Phase-XI.
GUVNL will enter power purchase agreements (PPAs) with successful bidders for a period of 25 years from the scheduled commercial operation date of the project.
Projects under construction, those that are not yet commissioned, or projects already commissioned but without any long-term PPA with any agency will also be considered for the tender.
Solar projects will also be allowed to be set up at the existing wind farms that are already connected to the grid subject to availability of spare capacity for renewable energy integration at the corresponding Gujarat Energy Transmission Corporation/ central transmission utility substation.
