SJVN Invites Bids to Acquire Land for 200 MW Solar Projects in Assam
The last date for the submission of bids is December 26, 2023
December 4, 2023
SJVN Green Energy, a subsidiary of SJVN, has invited bids to purchase or lease up to 1,000 acres of land in Assam for 28 years to develop 200 MW of solar power projects, including connectivity with the state transmission utility system.
The selected land should have all necessary regulatory approvals, including chain link fencing around its boundaries.
The last date for the submission of bids is December 26, 2023. Bids will be opened the same day.
Bidders have to submit ₹5,900 (~$70.75) as the cost of the bid document.
Bidders must furnish an earnest money deposit as follows:
- For 200 acres – ₹500,000 (~$5,996)
- For 400 acres – ₹1 million (~$11,993)
- For 600 acres – ₹1.5 million (~$17,989)
- For 800 acres – ₹2 million (~$23,986)
- For 1,000 acres and above – ₹2.5 million (~$30,001)
Bidders can propose multiple land parcels, with each single connected parcel being either 200 acres or a multiple thereof, up to a maximum of 1,000 acres. Any single connected land parcel less than 200 acres will not be considered.
If the land parcel exceeds 200 acres but is not in multiples of 200 acres, area will be adjusted to the nearest multiple of 200 acres, and the bidder’s quoted prices for that land parcel will also be adjusted or prorated accordingly.
If a bidder submits a proposed land parcel that combines outright purchase and lease land, such a parcel will be rejected.
The land can be located within a solar park, provided it can be transferred to SJVN Green Energy through outright purchase in accordance with solar park rules and regulations.
At the time of submitting the bid, the bidder must either have an agreement to sell or own at least 20% of the offered land parcel. This agreement must remain valid for a minimum of three months from the deadline for the last bid submission date.
The closest part of the land must not be more than 15 kilometers in aerial distance from the state’s nearest grid sub-station, with the minimum estimated spare capacity specified as follows: 200 MW for 1,000 acres, 160 MW for 800 acres, 120 MW for 600 acres, 80 MW for 400 acres, and 40 MW for 200 acres.
The land must have a minimum annual global horizontal irradiance of 1,550 kWh/m2. It should form a single connected patch and must be accessible via road. SJVN Green Energy retains the right to accept the land parcel as a whole or in parts.
The land must not be in or within the prohibited range of any wildlife-protected area or defense establishment, and there should be no government restrictions in setting up a solar power project on the offered land.
Recently, SJVN Green Energy invited bids to purchase or lease 1,000 acres of land in Punjab for 28 years to develop 200 MW solar power projects.
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