Daily News Wrap-Up: SJVN Invites Bids for 1.2 MW Wind-Solar Hybrid Projects
CMPDI invites bids for 70 MW solar power project
July 16, 2024
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SJVN has invited bids to select developers to set up 1,200 MW of Interstate Transmission System (ISTS)-connected wind-solar hybrid power projects in India. The last date for submitting bids is August 28, 2024. Bids will be opened on August 30. Bidders have to submit ₹29,500 (~$353) as the cost of the tender document and ₹1.5 million (~$17,955) +18% GST as the bid processing fee. They must submit an earnest money deposit of ₹1.22 million (~$14,603)/MW of the quoted capacity. SJVN will engage in a power purchase agreement with successful bidders to procure power for 25 years. The power obtained from these projects by SJVN is intended for sale to various entities within India.