RUVNL floats bids for 1 GW of solar projects

Rajasthan Urja Vikas Nigam (RUVNL) has floated bids for the development of 1 GW of STU-connected solar power projects in the state. According to the tender guidelines, bidders must pay a bid processing fee of Rs 0.5 million for projects ranging from 50 MW to 99 MW and Rs 1.5 million for projects ranging from 100 MW and above. The projects must be financially secure within a year of signing the power purchase agreement and operational within 18 months.

The bidders are required to submit an earnest money deposit of Rs 800,000 for each MW of quoted capacity. Before commissioning the project, developers must submit a payment security deposit of Rs 500,000 per MW. The solar project should be designed to connect to the solar park’s pooling substation through a dedicated cable at a voltage level of 33 kV. The project developers will bear the cost of transmission from the project to the interconnection point, as well as wheeling charges and losses. The bid submission deadline is February 13, 2023.

Recently in December 2022, NTPC commissioned its 240 MW Devikot solar farm in Rajasthan’s Jaisalmer district. The PV projects were established under the second phase of the Ministry of New and Renewable Energy’s Central Public Sector Undertaking Scheme.

Additionally, in December 2022, Adani Green Energy Limited inaugurated its third wind-solar hybrid power plant in Jaisalmer, Rajasthan. This hybrid power plant has a combined operational generation capacity of 450 MW. The plant has a 25-year power purchase agreement with SECI at Rs 2.67 per kwh. The new hybrid power plant comprises 420 MW of solar and 105 MW of wind plants.