GUVNL Invites Bids for 500 MW Wind Power Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS) for the purchase of power through a competitive bidding process followed by an e-reverse auction. The tender, numbered GUVNL/500 MW/Wind (Phase VIII), invites bids for 500 MW of grid-connected wind power projects with a ‘Greenshoe Option’ for an additional 500 MW.

The scope of work includes the development, construction, and operation of wind power projects anywhere in India. The successful bidders will be responsible for connecting their projects to the Central Transmission Utility (CTU) or State Transmission Utility (STU) network, ensuring the delivery of energy up to the delivery point. These projects must comply with the Revised List of Models and Manufacturers (RLMM) by the Ministry of New and Renewable Energy (MNRE) and follow guidelines issued by the Government of India.

The RfS document is priced at INR 25,000 plus 18 percent GST, payable electronically via NEFT or RTGS. A non-refundable processing fee of INR 3 Lakhs plus 18 percent GST is also required. An Earnest Money Deposit (EMD) of INR 13 Lakhs per MW must be submitted as a Bank Guarantee with the bid.

To be eligible, bidders must meet both technical and financial criteria. Technically, they must use commercially established technologies listed in the RLMM and indicate their chosen technology at the time of bid submission. Financially, the net worth of bidders, affiliates, or parent companies should not be less than INR 1.27 Crores per MW of quoted capacity as of the financial year ending March 31, 2023, December 31, 2023, or March 31, 2024. It is advised to read the detailed document for the eligibility criteria for various categories of bidders.

Bidders must submit their bids online through the Electronic Tendering System (ETS) and include a technical bid and a financial bid. The registration and submission of queries for the pre-bid meeting must be done by July 26, 2024, and the pre-bid meeting is scheduled for July 30, 2024, via video conferencing. The submission deadlines are August 12, 2024, for online submissions and August 14, 2024, for offline submissions. The technical bid opening will take place on August 16, 2024. The financial bid opening and e-reverse auction dates will be informed to eligible bidders later.

The tender includes some terms and conditions for bid security, performance guarantees, and compliance with the Indian Companies Act 2013 for foreign bidders. A key point to note is that the bidders must not be blacklisted or barred by any government or international agency.