GUVNL plans to procure 3,000 MW thermal power on long term basis
POWER & RENEWABLE ENERGY

GUVNL plans to procure 3,000 MW thermal power on long term basis

Gujarat Urja Vikas Nigam Limited (GUVNL) is planning to procure 3,000 MW electricity from thermal power plants by a competitive bidding process on a long-term basis.

For the power procurement from the thermal power plant, the state-run apex power utility has also issued draft bid documents and has sought views and comments from the interested stakeholders.

The electricity will be procured from the existing and new thermal power plants established on a design, build, finance, own, and operate (DBFOO) basis.

These plants use coal allocated under the Union government’s scheme for harnessing and allocating koyala transparently in India's (Shakti) policy for power generation, according to GUVNL.

GUVNL plans to invite bids after obtaining approval to the draft bid document from Gujarat Electricity Regulatory Commission (GERC).

Under the Shakti scheme, Gujarat will start getting coal by 2023. Hence, the commencement of power supply would tentatively start from September 2023, as per the sources.

GUVNL said that the power supply's contract period would be for 15 years. GUVNL will suggest the date of registration and process for bids submission separately once the state-run company secures approval of GERC to the bid documents.

The company plans to invite bids for electricity procurement from the thermal power plants. In 2010, it had last sought bids from thermal power producers, according to the sources.

Image Source


Also read: Gujarat's RE power capacity to be around 61,466 MW by 2030

Also read: GUVNL pulls back subsidy of 4,000 projects of 2,500 MW

Gujarat Urja Vikas Nigam Limited (GUVNL) is planning to procure 3,000 MW electricity from thermal power plants by a competitive bidding process on a long-term basis. For the power procurement from the thermal power plant, the state-run apex power utility has also issued draft bid documents and has sought views and comments from the interested stakeholders. The electricity will be procured from the existing and new thermal power plants established on a design, build, finance, own, and operate (DBFOO) basis. These plants use coal allocated under the Union government’s scheme for harnessing and allocating koyala transparently in India's (Shakti) policy for power generation, according to GUVNL. GUVNL plans to invite bids after obtaining approval to the draft bid document from Gujarat Electricity Regulatory Commission (GERC). Under the Shakti scheme, Gujarat will start getting coal by 2023. Hence, the commencement of power supply would tentatively start from September 2023, as per the sources. GUVNL said that the power supply's contract period would be for 15 years. GUVNL will suggest the date of registration and process for bids submission separately once the state-run company secures approval of GERC to the bid documents. The company plans to invite bids for electricity procurement from the thermal power plants. In 2010, it had last sought bids from thermal power producers, according to the sources. Image Source Also read: Gujarat's RE power capacity to be around 61,466 MW by 2030 Also read: GUVNL pulls back subsidy of 4,000 projects of 2,500 MW

Next Story
Infrastructure Transport

Odisha to Get Kharagpur-Visakhapatnam Expressway Soon: Minister

A new greenfield highway connecting Kharagpur in West Bengal and Visakhapatnam in Andhra Pradesh, passing through Odisha, is set to be constructed soon. This expressway is poised to become a vital logistics corridor, enhancing high-speed transportation in the region. Works Minister Prithviraj Harichandan shared that preliminary preparations for the project have already commenced. He emphasised that the expressway would play a crucial role in the Gati Shakti Framework of the Central government, describing it as a groundbreaking initiative in road construction for Odisha. Greenfield roads typi..

Next Story
Infrastructure Urban

LTTS wins project to develop smart cities in Colorado USA

Mid-sized Indian IT services company L&T Technology Services (LTTS) announced on Monday a strategic partnership with the Colorado Smart Cities Alliance (CSCA) to develop smart city projects across Colorado by integrating innovation and technology. In a regulatory filing, LTTS stated that the collaboration would utilize its advanced engineering expertise to support CSCA's mission of enhancing urban living and creating sustainable ecosystems through smart city solutions. The partnership aims to develop sustainable, efficient, and technologically advanced communities by pooling resources and exp..

Next Story
Infrastructure Transport

Bengaluru Metro to Expand to 175 km by 2026, Boosting Urban Mobility

Bengaluru’s metro network is set for a major expansion, aiming to extend its total length to 175 km by 2026. This ambitious project is part of the Namma Metro initiative, designed to improve connectivity across the city, alleviate traffic congestion, and promote sustainable urban mobility. The expansion involves constructing new metro corridors, such as the Purple Line and the Outer Ring Road-Airport Line, which will link major city hubs, commercial centres, and residential areas. This development is expected to enhance accessibility for commuters throughout Bengaluru. A key highlight of t..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000