GUVNL invites RfS bids invited for 1,000 MW grid-connected wind power projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited RfS bids for the development of 1,000 MW of grid-connected wind power projects (Phase II) in the state. According to the tender guidelines, a single bidder must bid for a minimum capacity of 25 MW and maximum of 300 MW. GUVNL will sign a PPA with the successful bidders for a period of 25 years from the scheduled commercial operation date of the project or the date of commissioning of the project, whichever is earlier. The successful bidders must report their financing arrangements for the projects within seven months from the date of execution of the PPA. The last date for bid submission is March 30, 2019. GUVNL is also looking to sign PPAs aggregating up to 100 MW with central and state PSUs.

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