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GUVNL Seeks Bids for 500 MW Hybrid Renewable Projects

The deadline for online submission is November 28 by 5:00 PM, while offline submissions will be accepted until November 30.

November 29, 2023. By Abha Rustagi

Gujarat Urja Vikas Nigam Limited (GUVNL) initiates the bidding process for the purchase of power from 500 MW hybrid renewable energy projects (Phase 1), with an additional 500 MW greenshoe option. 

The deadline for online submission is November 28 by 5:00 PM, while offline submissions will be accepted until November 30. Technical bid evaluation is scheduled for December 1, 2023, followed by the opening of financial bids on December 6, 2023.

The cost of the Request for Submission (RFS) document is INR 25,000/- plus 18 percent GST. Interested bidders are required to submit an Earnest Money Deposit (EMD) in the form of a Bank Guarantee. 

This competitive bidding and reverse e-auction process aligns with GUVNL's commitment to expanding renewable energy capacity in Gujarat.
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