Gujarat Urja Vikas Nigam Limited (GUVNL) re-invited Request for Selection bids for 200 MW capacity under the 700 MW Raghanesda solar park project in the state of Gujarat. The last date for submission of bids is July 24, 2019. The bids for 700 MW capacity was earlier invited in March 2019, of which, 500 MW capacity has been was awarded to Tata Power Renewable Energy Limited, Electro Solaire Private Limited, Gujarat Industries Power Company Limited and Gujarat State Electricity Corporation Limited.
GUVNL will sign a power purchase agreement with successful bidder for a period of 25 years from the scheduled commercial operation date. Gujarat Power Corporation Limited has been designated by the state government as a solar power park developer for the project.
The project involves development of 700 MW solar power projects on 1,407 hectares of land in Raghanesda located in the Banaskantha district in Gujarat on built, own and operate basis.