GUVNL seeks bids for 500 MW wind projects phase III in Gujarat By Saur News Bureau/ Updated On Wed, May 11th, 2022 Highlights : Last Date & Time for Online Submission of Response to RfS: Date: 15 / 06 / 2022 Time: 5:00 PM Technical Bid Opening Date: 16/06/2022 Time:11.00AM State electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the purchase of power through competitive bidding process (followed by reverse e- auction) from 500 MW grid-connected wind power projects to be set up in Gujarat (Phase III) with ‘Greenshoe Option’ of additional upto 500 MW. Key details of the tender are given below: Last Date & Time for Online Submission of Response to RfS: Date : 15 / 06 / 2022 Time: 5:00 PM Technical Bid Opening Date: 16/06/2022 Time:11.00AM Financial Bid Opening and Reverse e-auction Date : 23 / 06 / 2022 Time : 11.00 AM followed by Reverse Auction Process Reverse Auction: Will be informed to eligible bidders on e-bidding portal. Cost of RfS Document (non-refundable): Rs. 25,000/- plus 18% GST Processing Fee (non-refundable): Rs. 3 Lakhs plus 18% GST EMD: Earnest Money Deposit@ Rs. 10 Lakh / MW (inclusive of 18% GST) is to be submitted in the form of Bank Guarantee. Last month, GUVNL issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. The last date for online submission of bids is May 18, 2022, at 5:00 PM. The bids will be opened on May 23, 2022. Notably, Gujarat recently topped the Niti Aayog’s State Energy and Climate Index-Round 1 (SECI) among larger states, which is aimed at ranking states and Union territories (UTs) on six parameters including discoms’ performance, energy efficiency and clean energy initiatives. With reference to clean energy, particularly solar energy, Gujarat is racing to become number one with a huge increase in capacity addition in recent months. As of January 31, 2022, the state’s total renewable capacity was 15,518 MW. Gujarat is the topmost state in total rooftop solar installations. Of the total 6,405 MW of rooftop capacity in the country, it accounted for 1,679 MW. Aiding its massive push is the core of India’s manufacturing base in solar that is coming up in the state. Tags: Bids, Gujarat, Gujarat Urja Vikas Nigam Limited (GUVNL), tender, Wind Projects