NSE: SJVN has successfully obtained a 100 MW solar power project from Gujarat Urja Vikas Nigam Ltd. (GUVNL) at a rate of $0.031/kWh. The project will be developed under a build-own-operate model in the state of Gujarat, India.
NSE: SJVN Share Price Target share has increased by +50.25 in the last 1 month, +110.70
Bidding Process for 1500 MW Wind-Solar Hybrid Power Projects
Interested developers meeting the Qualification Requirements (QR) outlined in the document can participate in the bidding process. This process involves a Single Stage Two Envelope Bidding Process comprising Technical and Financial Bids. SJVN plans to enter into a 25-year Power Purchase Agreement (PPA) with the successful bidder.
- Bid Submission Deadline: March 19, 2024, until 18:00 Hrs
- Technical Bid Opening: March 20, 2024, at 11:00 Hrs
- Price Bid Opening: Date & Time to be communicated to technically qualified bidders
E-Reverse Auction Details and Bid Validity Period
Additionally, eligible bidders will receive e-Reverse Auction details, including the specific date and time, via email. The Bid Validity period extends for 12 months from the last date of bid submission, allowing sufficient time for the evaluation and selection process.
Interested parties are encouraged to adhere to the outlined deadlines and stay informed about further communication related to the opening of bids and the e-Reverse Auction.
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Conclusion
This article serves as a comprehensive guide to the SJVN got 100 MW energy project from Gujarat. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
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