Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the development of a 335 MW/670 MWh of standalone battery energy storage systems (BESS) in Gujarat (Phase VIII). The BESS will be located at or near Gujarat Energy Transmission Corporation’s intra-state transmission system substations.
According to the tender guidelines, the scope of work includes the design, financing, supply, installation, testing, and commissioning of the BESS. It also includes identifying and arranging land for the project. The scope of work also covers providing operation and maintenance services for the project.
Furthermore, bidders are required to submit an earnest money deposit of Rs 500,000 per MW. Additionally, successful bidders are required to submit a performance bank guarantee of Rs 1.25 million per MW.
The projects will be supported through viability gap funding (VGF) of Rs 1.8 million per MWh of the awarded capacity under the Power System Development Fund. The VGF will be disbursed in three tranches, with 20 per cent released at financial closure against a 24-month bank guarantee and 50 per cent at the commercial operation date (COD) backed by a 12-month bank guarantee. The remaining 30 per cent will be released one year after COD, with no bank guarantee requirement. The bid submission deadline is January 22, 2026.
