Khavda Solar Park: GUVNL Floats tender for solar power procurement
Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender to procure 800 MW of solar power from the projects to be located in Khavda Solar Park. The tender would involve a competitive bidding process and has an additional up to 800 MW under Greenshoe Option.
Selected bidders will set up solar power projects in Khavda Solar Park on a build-own-operate basis. GUVNL may decide to enter into PPA with the successful bidders for a period of 25 years from the scheduled commercial operation date of the project. A bidder can bid for a minimum 100 MW capacity, rising in multiples of 100 MW only.