Gujarat Urja Vikas Nigam Ltd. has started accepting bids to develop 1,000 MWh (500 MW x two hours) of grid-connected battery energy storage systems in Gujarat.
Solar power generators have until August 23 to bid for setting up to 1.5 GW of grid-connected solar projects (including 750 MW under Greenshoe option) for power supply under a 25-year PPA.
The selected developers shall set up grid-connected solar, wind or hybrid wind-solar projects on a ‘build-own-operate’ basis along with required energy storage systems for assured peak power supply. Bidding closes on July 30.
Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure up to 500 MW of solar power from non-park-based PV projects and an additional 500 MW under the Greenshoe option. Bidding closes on May 18.
The 25 MW solar project acquired by Torrent Power benefits from a a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Reliance New Energy Solar Ltd, a wholly-owned unit of Reliance Industries Ltd, now holds 40% of the total paid-up equity share capital of Sterling & Wilson Solar following acquisition of a further stake from its promoters.
Bidders have until February 1 to apply for the engineering, procurement, and construction of 220 MW of grid-connected solar projects anywhere in Gujarat.
Solar power generators have until February 3 to bid for supplying the power from their proposed or under-construction PV projects under a 25-year PPA.
The solar plant, spread across 380 hectares in the Raghanesda Solar Park, is Engie’s second-largest PV project in India. It was completed within the schedule, despite the multiple challenges during the Covid pandemic.
The State-owned hydropower producer will sell the electricity generated from the solar project to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) under a 25-year power purchase agreement. Tariff is fixed at INR 2.68/kWh (US$0.037/kWh).
In its maiden venture into solar power generation, state-run Coal India Limited will set up a 100 MW plant and sell the electricity produced to Gujarat Urja Vikas Nigam Ltd for 25 years.
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