SJVN Limited has issued a Request for Selection (RfS) inviting proposals for the supply of 6,000 MWh (1,500 MW x 4 hours) of assured peak power from ISTS-connected renewable energy power projects with energy storage systems (ESS) under a tariff-based competitive bidding process. The projects will be developed on a Build-Own-Operate (BOO) basis. The RfS was published on December 6, 2024, and the online bid submission deadline is January 24, 2025, at 14:00 hours. Hard copies of the documents must be submitted by January 29, 2025, at 15:00 hours, with technical bids opening on the same day at 16:00 hours.
The scope includes selecting renewable energy power developers to supply assured peak power for 25 years. Developers can bid for project capacities ranging from a minimum of 50 MW to a maximum of 750 MW, with a total aggregate capacity of 1,500 MW to be awarded. The projects may include solar, wind, or a combination of renewable energy sources with integrated ESS. A single developer can offer projects at multiple locations, provided each project meets the minimum capacity requirement.
The RfS specifies a non-refundable document fee of ₹29,500 (inclusive of GST) and a bid processing fee of ₹15 lakh plus 18% GST for each project. An Earnest Money Deposit (EMD) of ₹ 12.26 lakh per MW per project is required, subject to a maximum of ₹ 35 crore. The EMD can be submitted via bank guarantee, Payment on Order Instrument (POI), or insurance surety bond.
Pre-bid consultations are scheduled for December 20, 2024, at 11:00 hours in New Delhi. These discussions aim to address bidder queries and provide clarifications. All bidding documents must be submitted online through the ISN-ETS portal, and the process will include an e-reverse auction for the final selection of bidders.
Performance Bank Guarantees (PBG) will also be required, as per the conditions outlined in the RfS. Successful bidders will sign a Power Purchase Agreement (PPA) with SJVN to ensure the supply of the agreed power capacity.
This RfS aims to boost India’s renewable energy sector by integrating advanced energy storage solutions, ensuring reliability during peak demand, and supporting the nation’s clean energy goals. Interested developers are encouraged to participate and adhere to the submission guidelines outlined in the document.
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