The Gujarat Electricity Regulatory Commission (GERC) has issued the Multi-Year Tariff (MYT) Regulations, 2024, which will be in effect from April 1, 2025, to March 31, 2030. These regulations provide a detailed framework to determine tariffs for electricity generation, transmission, and distribution in Gujarat. The MYT regulations provide a transparent and predictable tariff-setting process, encourage efficiency improvements in the electricity sector, establish mechanisms to share gains and losses arising from various factors, and facilitate long-term planning and investment in electricity infrastructure. These regulations apply to all existing and future generation companies, transmission licensees, distribution licensees, and the State Load Dispatch Centre.

Solar Energy Corporation of India (SECI) has invited bids to select an agency to purchase or lease 800 acres of land for a 200 MW solar project in Madhya Pradesh. Land registration in favor of SECI or execution of lease deeds for all land parcels must be completed within five months of receiving the notice to proceed. The last day to submit the bids is September 23, 2024. Bids will be opened on the same day. Bidders must furnish a tender processing fee of ₹25,000 (~$297) and an earnest money deposit of ₹2.21 million (~$26,341). The selected agency must furnish 3% of the contract value as performance security within 30 days from the issuance of the notice to proceed. Multiple land parcels can be offered, provided they are within a five-kilometer radius. Each parcel must be at least 200 acres.

Apraava Energy has bagged a transmission project to evacuate 5.5 GW of power from renewable energy zones in Rajasthan. The company emerged as the Transmission Service Provider through the tariff-based competitive bidding process conducted by bid process coordinator REC Power Development and Consultancy, a wholly owned subsidiary of REC Limited. The project involves the construction of 765/400 kV, 4×1500 MVA and 400/220 kV, 5×500 MVA Pooling Station at Fategarh IV-A, an 184.56 km 400 kV line, and associated works. The development of the transmission project is on a Build, Own, Operate and Transfer basis. The project is set to facilitate the evacuation of power from the Rajasthan Renewable Energy Zone IV-A, covering the Jaisalmer and Barmer Complex.

Numaligarh Refinery has floated a tender to install a 1,000 MTPA green hydrogen generation unit on a build, own, and operate basis and supply of gaseous green hydrogen at Numaligharh, Assam. The last date to submit bids is September 13, 2024, and bids will be opened the following day. Bidders must pay a bid security fee of ₹50 million (~$596,182.70). The scope of the tender covers design, detailed engineering, construction of all civil, structural, mechanical, electrical, and instrumentation facilities, testing, commissioning, operations, and maintenance of the GHGU, and supply of green hydrogen. Bidders must source biomass independently and ensure an uninterrupted supply of the compressed biogas/syngas feed to meet the requirements of the final green hydrogen generated.

The Gujarat Industries Power Company has invited bids for the supply of modules for a 500 MW solar project at the Great Rann of Kutch. The last date to submit the bids is September 9, 2024. Bidders must pay a tender fee of ₹29,500 (~$351.74) and an earnest money deposit of ₹100,000 million (~$1,192). The successful bidder must furnish a performance bank guarantee (PBG) of 10% of the total contract price within a month after the letter of intent. Bidders who are unable to provide insurance coverage for solar modules towards performance guarantee must submit a PBG of ₹2.5 million (~$29,808) per MW of solar module quantity ordered, valid for 25 years on the completion of supply and before the expiry of 10% the PBG contract.