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SJVN Initiates Bidding Process for 1500 MW Wind-Solar Hybrid Power Projects in India
Developers interested in participating in the bidding process must meet the Qualification Requirements (QR) outlined in the document.
February 05, 2024. By Abha Rustagi
SJVN Limited has announced the issuance of a Request for Selection (RfS) document for the selection of Hybrid Power Developers (HPDs). The objective is to establish 1500 MW Inter-State Transmission System (ISTS)-connected Wind-Solar Hybrid Power Projects in India. These projects will be awarded through Tariff-Based Competitive Bidding (TBCB) on a Build-Own-Operate (BOO) basis.
Developers interested in participating in the bidding process must meet the Qualification Requirements (QR) outlined in the document. The bidding process involves a Single Stage Two Envelope Bidding Process, comprising Technical and Financial Bids. SJVN Limited intends to enter into a 25-year Power Purchase Agreement (PPA) with the successful bidders.
Hard copies of bids are to be submitted by March 19, 2024, and the Technical Bid will open on March 20, 2024.
Furthermore, eligible bidders will receive details about the e-Reverse Auction via email, including the specific date and time for the auction. The Bid Validity period extends for 12 months from the last date of bid submission, allowing ample time for the evaluation and selection process.
SJVN Limited encourages interested parties to adhere to the outlined deadlines and stay updated on further communications regarding bid openings and the e-Reverse Auction.
Developers interested in participating in the bidding process must meet the Qualification Requirements (QR) outlined in the document. The bidding process involves a Single Stage Two Envelope Bidding Process, comprising Technical and Financial Bids. SJVN Limited intends to enter into a 25-year Power Purchase Agreement (PPA) with the successful bidders.
Hard copies of bids are to be submitted by March 19, 2024, and the Technical Bid will open on March 20, 2024.
Furthermore, eligible bidders will receive details about the e-Reverse Auction via email, including the specific date and time for the auction. The Bid Validity period extends for 12 months from the last date of bid submission, allowing ample time for the evaluation and selection process.
SJVN Limited encourages interested parties to adhere to the outlined deadlines and stay updated on further communications regarding bid openings and the e-Reverse Auction.
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