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SJVN Restricted has formally introduced an invite for bids to develop 600 MW of ISTS-connected wind energy initiatives throughout India, by a tariff-based aggressive bidding course of. Chosen builders will enter a 25-year Energy Buy Settlement (PPA) with SJVN, underlining the phrases of the Request for Choice (RfS) and the PPA itself. The initiative goals to acquire wind vitality, which can then be distributed to numerous state entities, the specifics of which will probably be disclosed sooner or later. SJVN reserves the correct to vary these entities at its discretion to facilitate the sale of vitality from these initiatives.
The decision for bids permits for a number of challenge submissions by a single bidder, given that every challenge boasts a minimal capability of fifty MW. Monetary obligations embrace a non-refundable RfS doc charge of INR 29,500 (inclusive of GST), a bid processing charge of INR 15 lakh plus 18% GST for every challenge, and an Earnest Cash Deposit (EMD) of INR 12.64 lakh per MW, per challenge, all payable by NEFT/RTGS switch to SJVN.
events should submit their on-line bids by the fifteenth of Might, 2024, earlier than 6:00 PM, and comply with up with the submission of laborious copies by the twentieth of Might, 2024, on the similar time. The technical bids will probably be opened on the twenty first of Might, 2024, at 3:00 PM, marking a big step in the direction of enhancing India’s wind vitality capability and its dedication to sustainable vitality options.
