SJVN Invites Bids to Acquire Land for 200 MW Solar Projects in Punjab
The last date for the submission of bids is December 20, 2023
November 30, 2023
SJVN Green Energy, a subsidiary of SJVN, is seeking bids to purchase or lease 1,000 acres of land for 28 years in Punjab to develop a 200 MW solar power projects.
The land should possess all statutory clearances and include chain-link fencing along its periphery. The successful bidder should facilitate connectivity with the State Transmission Utility to establish the solar power projects.
The last date for the submission of bids is December 20, 2023. Bids will be opened the same day.
Bidders have to submit ₹5,900 (~$70.75) as the cost of the bid document.
They can propose multiple land parcels. Each connected land parcel should be either 250 acres or multiples of 250 acres, up to a maximum of 1,000 acres. Land parcels less than 250 acres as a single connected unit will not be considered.
Bidders must furnish an earnest money deposit as follows:
- For 250 acres – ₹500,000 (~$5,996)
- For 500 acres – ₹1 million (~$11,993)
- For 750 acres – ₹1.5 million (~$17,989)
- For 1,000 acres and above – ₹2 million (~$23,986)
The land may be located within a solar park so that it can be transferred to SJVN Green Energy through an outright purchase following the Solar Park Rules and Regulations.
For a minimum of 20% of the offered land parcel, bidders must possess an Agreement to Sell or ownership at the time of bid submission. This agreement should be valid for at least three months from the bid submission date.
The nearest part of the land should not be at an aerial distance exceeding 15 kilometers from the State Transmission Utility (STU) Grid Sub-Station (GSS). The STU GSS should have a minimum Estimated Spare Capacity of 200 MW for 1,000 acres, 150 MW for 750 acres, 100 MW for 500 acres, and 50 MW for 250 acres.
The land must not be located within or in the prohibited range of any wildlife-protected area or defense establishment. There should be no government restrictions impeding the establishment of a solar power project on the proposed land.
The land must constitute a single connected patch and have access through a motorable road.
The land should have a minimum annual global horizontal irradiance of 1,650 kWh/m2.
Recently, SJVN Green Energy emerged as one of the successful bidders in SECI’s auction of 1.2 GW of ISTS-connected wind power projects (Tranche XIV).
Earlier, MNRE had designated SJVN as the implementing agency responsible for floating tenders for renewable energy projects. It will also act as the intermediary procurer of power and work with other agencies to avoid concurrent bids.
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