Indian GUVNL tenders solar power from 500 MW PV plants
Post date: 05/01/2022 - 11:41
Indian utility Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids from developers to purchase power from 500 MW of grid-connected solar power projects. Projects under construction that do not have any power purchase agreement (PPA) will also be eligible to participate in the tender, says the consultancy Mercom India. GUVNL may decide to enter into PPA with the successful bidders for 25 years from the scheduled commercial operation date of the project.
The projects should be designed to deliver energy at the Gujarat Energy Transmission Corporation (GETCO) periphery. The successful bidder will be responsible for getting the grid connectivity with GETCO or the central transmission utility (CTU). The minimum project capacity has been set at 25 MW. According to Mercom’s India Solar Tender Tracker, GUVNL has so far floated tenders for 5,500 MW of solar projects.