GUVNL plans to procure 600 MW of solar power. The projects will be awarded through competitive bidding. It may decide to enter into 25-year power purchase agreements (PPA) with the successful bidders.

The successful bidders will set up PV projects in Khavda Solar Park on a build-own-operate basis.

The developers must bid for a minimum 100 MW of capacity and in multiples of 100 MW only.

The additional capacity of up to 600 MW through a greenshoe option will be offered to the successful bidders who are willing to execute PPAs with GUVNL at the lowest tariff discovered under the competitive bidding process.