Poor participation leads to bid delays for Gujarat's green projects.

Gujarat’s wind and solar energy projects have attracted poor participation of late, leading to a continuous bid postponements. 

The submission of techno-commercial bids for the state’s 1,000 MW solar tender took place for the third time and drew offers for only 50 MW. Industry officials attributed the tepid response to the tariff, which was capped at Rs 2.75 per unit, which they consider unviable. 

The next submission date has been scheduled for May 4. Gujarat Urja Vikas Nigam Ltd. confirmed the development. 

“We will not be raising the tariff because they feel it is unviable. We will have to do it at rates acceptable to us,” said a GUVNL executive on condition of anonymity. 

The first time the tender was put out for the projects to be constructed at Dholera solar park, no bids were received. The second time, too, there were no bids, people aware of the matter said. 

Besides the tariff, experts said there were complications with building projects in the park.

ET