GUVNL Extends Deadline To Bid For 1,000mw Renewable Power
Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1,000MW wind and solar power supply. The decision has come after prospective bidders requested an extension in the wake of limited time period for submission of bids and the lack of clarity on GST rates.
Many of the prospective bidders requested that the bid deadline be extended as the time allowed by GUVNL for bid submission was only 25 days while Solar Energy Corporation of India (SECI) allows almost 45 days. According to revised deadlines, technical bids for both wind and solar power will be opened on July 25, while financial bids will be opened on August 1 and 2 for wind and solar power respectively.