The Gujarat Urja Vikas Nigam (GUVNL) has issued a tender for setting up a 400 MW/800 MWh standalone battery energy storage system (BESS). There is also an additional green shoe option of the same capacity. The last date of submission of bids is October 16, 2024.
The scope of the tender covers establishing the BESS and setting an interconnection with the state transmission network. The main objective of the project is that the energy storage facility should be available to GUVNL for charging/discharging the BESS on an immediate basis.
According to the tender guidelines, the bidders have to submit a document fee of Rs 29,500, an earnest money deposit of Rs 500,000 and a bank performance guarantee of Rs 1.25 million per MW. The participants also need to submit a document processing fee of RS 1.5 million and 18 per cent GST. To be eligible for the auction, the bidder should have a net worth greater than Rs 7.4 million per MW in the previous financial year or on the day that is seven days before the bid submission deadline.
In August 2024, GUVNL had issued a tender for purchasing power from 500 MW of grid-connected solar power projects (Phase XXV) with a greenshoe option of 500 MW to be set up in India. In July 2024, they invited bids from developers to procure power from 500 MW of wind power projects in India.
