RUVNL Floats Tender for 1.5 GW Wind-Solar Hybrid Projects with Storage

RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS

Rajasthan Urja Vikas Nigam (RUVNL), has invited bids for the establishment of  1.5 GW(AC) ISTS-connected Wind-Solar Hybrid Power Projects with Storage, to be set up anywhere in India. The projects are to have flexibility in scheduling power as required by DISCOMS.

The project must have a mandatory energy storage system (ESS) of a minimum of 1 MW for each contracted capacity of 1 MW. The storage system should deliver at least 4 MWh per day to RUVNL.

The selection will take place through tariff-based competitive bidding for a period of 25 years.

The last date for the submission of bids is February 28, 2023. The bids will open on March 3.

The bid processing fee is Rs. 5 Lakh +18% GST for each project from 50 MW up to 99 MW. For each project for 100 MW and above, it is Rs. 15 Lakh + 18% GST.

The EMD amount is Rs. 12,00,000/-  per MW of capacity offered. It is to be submitted in the form of Bank Guarantee with response to RfS.

Within a period of 60 days of the date that RUVNL issues the letter of award, RUVNL will enter into an agreement with the successful bidder to form a PPA. The project must be commissioned within 24 months of the signing date.

Recently, RUVNL had also called for bids for the development of 1 GW of STU connected solar projects in Rajasthan.