The bid-submission deadline for the tender to set up 1 GW of grid-connected solar photovoltaic (PV) projects at Dholera Solar Park (Phase V) has been extended yet again. The new deadline is May 4, 2019. The extension was necessitated due to poor participation from the developers.
This is the fourth bid extension for the solar project. The initial bid-submission deadline was set as February 15, 2019. This was postponed to February 25, 2019, and then later, the GUVNL again postponed the bid-submission deadline to March 5, 2019.
“The Gujarat Industries Power Company Limited (GIPCL) had submitted the bid for one block of 50 MW whereas Tata did not submit its bid for five blocks (50 MW x 5) as the new bid submission extension was announced”, a developer informed Mercom.
The total capacity of 1,000 MW has been divided into 20 plots (50 MW x 20) in the solar park, and the project will be developed on a Build-Own-Operate (BOO) basis.
A bidder would be allowed to place a bid for a minimum of 50 MW capacity or in multiples of 50 MW. The tariff quoted by bidders would be single and uniform for all the plots and capacity irrespective of the number of plots and capacity quoted by the bidder.
In August 2018, GUVNL invited expression of interest (EoI) from project developers to develop 1,000 MW of grid-connected solar PV projects in the park.
The Dholera solar park is expected to cover an area of more than 27,000 acres upon completion. According to a Gujarat state government release issued earlier this year, “The proposed solar park will attract investment of ₹250 billion (~$3.84 billion) and provide employment opportunities to more than 20,000 individuals.”