HomeRenewable energy ›SJVN Invites Bids to Procure 600 MW Power from ISTS-Connected Wind Projects

SJVN Invites Bids to Procure 600 MW Power from ISTS-Connected Wind Projects

SJVN has issued a tender to procure 600 MW of wind power from ISTS-connected projects in India. Bid submission ends on October 20, 2025.

September 10, 2025. By Mrinmoy Dey

SJVN has floated a tender for the selection of wind power developers for the supply of 600 MW wind power from ISTS-connected wind power projects in India under tariff-based competitive bidding.

The scope of work includes developing these projects along with the transmission network up to the interconnection/delivery point. The developer must also install and maintain GPS enabled automatic weather station (AWS).

Bidders need to pay INR 29,500 as a tender document fee. Further, they need to deposit INR 15 lakh (plus GST) as a bid processing fee. Bidders also need to furnish INR 13.32 lakh/MW as an earnest money deposit (EMD).

The last date for submission of bids is October 20, 2025. The techno-commercial bids will be opened on October 23, 2025.

The minimum project capacity or contracted capacity that can be offered by the bidder must be 50 MW and the maximum project capacity shall be 300 MW. The project capacity must be quoted in multiple of 10 MW only.

The wind projects already under construction, yet to be commissioned, or commissioned but selling wind power on a short-term merchant basis may also be considered for selection under this tender. “However, this is subject to the condition that these projects have not been accepted under any State or Central Scheme, do not have an obligation to sell power to any beneficiaries,” noted the tender document.

The tender proposes to promote only commercially established and operational technologies to minimise the technology risk and to achieve timely commissioning of the projects. Wind turbines to be used in the project must be listed in the Approved List of Models and Manufacturers.

The successful bidder must maintain a capacity utilisation factor (CUF) of at least 22 percent.

To be financially eligible, the bidder must possess a net worth of at least INR 1.332 crore/MW of the quoted capacity as on the last date of FY 2024-25 or as on the day at least 7 days prior to the bid submission deadline.

Additionally, the bidder must have a minimum average annual turnover of INR 1.998 Crore/MW of the quoted capacity during the last three financial years.

Alternatively, the bidder must demonstrate internal resource generation capability, in the form of Profit Before Depreciation Interest and Taxes (PBDIT) for a minimum amount of INR 39.96 lakh/MW of the quoted capacity, as on the last date of FY 2024-25.

Alternatively, the bidder must produce an in-principle sanction letter from the lending institutions/ banks of the bidder, committing a line of credit for a minimum amount of INR 83.25 lakh/MW of the quoted capacity, towards meeting the working capital requirement of the project.
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