GUVNL invites bids to procure 1,000 Mw power on short-term basis

GUVNL invites bids to procure 1,000 Mw power on short-term basis

Faced with reduced supply of electricity by private sector companies under power purchase agreements (PPAs), state-run Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids to procure 1,000 MW power on short-term basis through tariff based competitive bidding.

The apex electricity utility intends to procure 1,000MW, which includes 500MW round the clock and 500MW for twelve hours, for the months of September, October and November.

For December, GUVNL has invited bids for 250MW round clock power and 500MW for twelve hours. Meanwhile, the power demand across the state increased to 13,500MW on Monday. The demand had declined to 11,000MW after heavy rains lashed the state, said K K Bajaj, a city-based energy expert.

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