GRIDCO Odisha seeks bids for 500 MW solar, accepting offers until January 16, 2024. Bids open on January 17, with a tender document cost of ₹11,800. Earnest money deposit is ₹500,000/MW, and a performance guarantee of ₹1 million/MW is required for winning bidders. Power reception capability needed from GRIDCO by April 1, 2025, to March 31, 2030. GRIDCO targets supplying a minimum 20% of contracted capacity energy annually.
GRIDCO seeks bids for 500 MW solar power purchase
Successful bidders may access additional capacity through the greenshoe option during the contract period. Illustration from Pexels.
Interested bidders must purchase the tender document, priced at ₹15,000 plus 12% GST. (Image Credit/Source: Kindel Media/Pexels)
The 50 MW solar project in The Gambia will also include a BESS to meet national energy consumption needs. (Image Credit/Source: Tornike Jibladze/Pixabay)
EWEC’s Zarraf Solar project in Al Dhafra will deliver 1.5 GW of renewable energy, powering 160,000 homes annually. (Image Source: EWEC)