GUVNL Floats Tender for 250 MW/500 MWh Battery Energy Storage Systems

GUVNL Floats Tender for 250 MW/500 MWh Battery Energy Storage Systems

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS)  for setting up of pilot projects of 250 MW/500 MWh standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-II). The projects will be established under the BOO model.

Selection of Battery Energy Storage Systems projects for a total capacity of 500 MWh will be carried out through e-bidding followed by e-reverse auction process. The minimum bid size for the Battery Energy Storage Systems tender shall be 140 MWh i.e. 70 MW x 2 hours.

The last date for bid submission is January 6, 2023. Bids open on January 10, 2023.

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Land shall be provided through Sub-Lease/Right-to-Use basis by GETCO to the developer, at an annual lease charge of Rs 1 per plot. The L1 Bidder as discovered after the e-reverse auction, shall have the first right followed by other bidders based on ranking, to select a location for its allocated project, from the multiple locations offered in the RFS.

The document processing fee for the Battery Energy Storage Systems tender is INR 15 Lakh + 18% GST for total project capacity quoted by each bidder. Bidders must deposit an EMD (Earnest Money Deposit) of INR 7,40,000 per MW. Bidders selected by GUVNL based on the RFS shall submit Performance Bank Guarantee (PBG) for a value at INR 18,50,000/MW, prior to signing of BESPA as per terms of RFS.

The planning process for transition to a greener energy mix in the country as well as in the State of Gujarat would entail integrating the planned renewable capacity into India’s energy grid while ensuring its safety and reliability. Apart from Pumped Hydro Storage Plants, Battery Energy Storage Systems are envisaged to be significant element of the future grid with increased share of renewable energy in accordance with the target of 500 GW of non-fossil-based capacity to be installed by 2030. BESS assets can provide the required flexibility in generation apart from ensuring the resource adequacy. Besides, Energy Storage Systems also have the potential to enable better utilization of transmission network and reducing network infrastructure footprint.

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Earlier, GUVNL issued a tender seeking developers for a 500 MW hybrid solar-wind project.