Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids to set up pilot projects of 1 GWh (500 MW x 2 hours) standalone battery energy storage systems (BESS) in Gujarat for ‘on-demand usage’ under tariff-based competitive bidding (Phase-I).
The projects will be developed under a build, own, and operate model. GUVNL seeks to utilize energy storage systems on an “On-Demand” basis, suited to the requirements of the state distribution companies during the peak and off-peak hours.
The last date to submit the bids is September 15, 2022. Bids will be opened on September 22.
Bidders are required to submit a document fee of ₹29,500 (~$370.26) and a document processing fee of ₹1.5 million (~$18,826) plus 18% goods and services tax (GST) for the total project capacity quoted.Bidders will have to submit ₹740,000 (~$9,310) per MW as an earnest money deposit. The…
GUVNL Invites Bids for 1 GWh of Standalone Battery Energy Storage Systems
