Gujarat Urja Vikas Nigam Ltd has floated two separate tenders to set up cumulative grid-connected solar capacity of 950 MW, including 750 MW at Dholera Solar Park and 200 MW at Raghanesda Solar Park. Projects for both the solar parks—to be developed on ‘build-own-operate’ basis—shall be awarded through bidding followed by reverse auction on August 1.
The 750 MW capacity at 1 GW Dholera Solar Park (under Phase VII) has been retendered after it remained unallotted under the recent auction. The revised tender incorporates all the acceptable suggestions made by the developers during the pre-bid meeting.
Out of total 1 GW capacity (20 plots of 50 MW each) of Dholera Solar Park, the auction process for 250 MW (5×50 MW) has already been completed. Accordingly, for capacity allocation under this tender, only 15 plots of 50 MW capacity each are available. Bidders are allowed to bid for minimum 50 MW capacity and in multiples of 50 MW only.
For 700 MW Raghanesda Solar Park, the 200 MW capacity is available in two plots of 100 MW each. Bidders are allowed to bid for minimum 100 MW capacity, in multiples of 100 MW only.
Bidding for both the solar parks closes on July 24. Bidders are required to submit bank guarantee of Rs 10 Lakh/MW. Gujarat Urja Vikas Nigam Ltd shall enter into power purchase agreement with successful developers for a period of 25 years from the scheduled commercial operation date of the project.