Gujarat Urja Vikas Nigam Limited (GUVNL) has extended the Request for Selection (RfS) bid due date for 700 MW grid-connected solar photovoltaic (PV) projects to be developed in Raghanesda solar park in the state of Gujarat from November 15, 2018 to November 29, 2018.
The solar park is divided into three plots, of which, two plots have a capacity of 250 MW each and one plot has a capacity of 200 MW. Each bidder has to bid for the full capacity of a plot.
GUVNL will sign a power purchase agreement (PPA) with successful bidder for a period of 25 years from the date of scheduled commercial operations. Gujarat Power Corporation Limited (GPCL) has been designated by the state government as a solar power park developer (SPPD) for the project.