From pv magazine India
GUVNL has announced plans to procure 1 GW of solar projects. They will be awarded through competitive bidding. GUVNL will sign 25-year power purchase agreements (PPA) with the successful bidders.
It will provide a greenshoe option of up to 500 MW to successful bidders willing to execute PPAs at the lowest tariff in the competitive bidding process. The minimum quantum of power offered by the bidder should be 50 MW.
The successful bidders will set up PV projects on a build-own-operate basis. The projects can be located anywhere in India.
The developers can opt for connectivity at the state transmission utility (STU) or central transmission utility (CTU) substation for projects set up in Gujarat.
“Projects under construction, projects which are not yet commissioned and projects already commissioned but do not have any long term PPA with any agency and selling power on short-term or merchant plant basis will, however, be considered, in case these projects are not already accepted under any other Central or State Schemes and do not have any obligations towards existing buyers,” said the tender document.
Bidding closes on Dec. 4.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.