Wind Energy News
Monday, 13 November 2017 17:29

18 companies bid to supply wind power in GUVNL auction

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Gujarat Urja Vikas Nigam Limited (GUVNL) has received bids from 18 companies for the supply of 500 MW wind power to the state-run power utility. The Gujarat high court in its recent order allowed GUVNL to continue with the bidding process. The technical bids were opened few days back and the financial bids will be opened on November 15.

Earlier, technical and financial bids were scheduled to be opened on October 25 and November 1, respectively. But, the bidding was postponed after Gujarat high court stayed the auction acting on a petition filed by Indian Wind Energy Association (IWEA).

The associated objected to the competitive bidding process, approved by Gujarat Electricity Regulatory Commission (GERC), on the ground that the central government had only issued draft guidelines for governing such wind energy auction, and it had not finalized any such guidelines.

The high court this week turned down the petition by IWEA allowing the bidding process to continue. The high court, however, has restrained GERC from granting final approval to the process. In June this year, GUVNL had floated two separate tenders for procuring 500MW each from solar and wind power projects through competitive bidding, which was delayed more than twice due to various reasons.

Additional Info

  • News Section: Wind Energy News
  • Month: November
  • Year: 2017

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