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The Gujarat Urja Vikas Nigam Limited (GUVNL) has opened a significant opportunity for wind energy developers by issuing a tender to procure 250 MW of grid-connected wind power, along with an optional greenshoe capacity of an additional 250 MW. Interested bidders have until February 11, 2025, to submit their proposals.
This tender emphasizes the promotion of renewable energy while adhering to strict technical and operational guidelines to ensure quality and efficiency in project execution.
Financial and Documentation Requirements
Prospective developers must adhere to the following financial requirements:
Bid Document Fee: ₹25,000 + GST
Tender Processing Fee: ₹300,000 + 18% GST
Earnest Money Deposit (EMD): ₹1.3 million per MW
Performance Bank Guarantee (PBG): ₹3.2 million per MW
These provisions are aimed at ensuring bidder commitment and quality execution of the projects.
Technical Specifications and Responsibilities
The tender mandates that projects:
Use wind turbine models listed in the Ministry of New and Renewable Energy’s (MNRE) revised list of approved models and manufacturers.
Interconnect with either the state or central transmission utility through dedicated transmission lines.
Maintain power delivery at Gujarat Energy Transmission Corporation’s (GETCO) periphery.
Bidders are tasked with setting up and maintaining transmission infrastructure and energy accounting systems at their expense. The renewable energy systems must support dynamic reactive power variation to maintain a power factor between 0.95 lagging and 0.95 leading.
Land and Operational Standards
Land Acquisition: Full responsibility lies with the bidders.
Minimum Capacity Utilization Factor (CUF): 22% minimum required.
Compensation Penalties: Any energy generation shortfall will incur penalties of up to 50% of the power purchase tariff.
Focus on Renewable Growth
This tender aligns with Gujarat’s ongoing efforts to enhance its renewable energy portfolio and reduce carbon emissions. By offering a greenshoe option, GUVNL signals its flexibility in scaling renewable energy projects based on developer interest and performance.
