The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS) for the purchase of 1,000 MW of power from grid-connected solar photovoltaic power projects located in Dholera Solar Park (phase V).
The last date for submission of bids is February 15, 2019. The technical bids will open on February 16, 2019 and financial bids will open on February 22, 2019.
The GUVNL will enter into power purchase agreement (PPA) with the successful bidder for a period of 25 years from the scheduled commercial operation date of the project.
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 Build-Own-Operate (BOO) basis.
A bidder will be allowed to place a bid for a minimum of 50 MW capacity or in multiples of 50 MW. The tariff quoted by bidders will 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 is 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.”
According to Mercom’s India Solar Project Tracker, Gujarat has commissioned ~1.5 GW of large scale solar projects and ~1.7 GW of projects are currently in the development pipeline.