Gujarat Urja Vikas Nigam Ltd. (GUVNL) standalone Battery Energy Storage Systems (BESS) tender E-RA result – EQ

Summary:

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# ✅ **DETAILED SUMMARY OF BIDDERS & QUOTED PRICES**

## **1. Lowest Bidders (L1 to L9) – All in Green**

These bidders quoted the **lowest range**, between **₹1,85,390 – ₹1,90,000**, with very small differences among them (0% to 1.95%). This group represents the most competitive bids.

| Rank | Bidder Name | Quoted Price (INR) | Difference from L1 |
| —————————————- | ———– | —————— | —————— |
| **1. Sun Drops Energia Pvt Ltd** | ₹1,85,390 | **L1 (0%)** | |
| **2. Engie Energy India Pvt Ltd** | ₹1,87,000 | 0.87% higher | |
| **3. Mecpower Solutions Ltd** | ₹1,87,994 | 1.40% higher | |
| **4. Samavist Energy Solutions Pvt Ltd** | ₹1,88,499 | 1.68% higher | |
| **5. Stockwell Solar Services Pvt Ltd** | ₹1,88,991 | 1.94% higher | |
| **6. Solar91 Cleantech Ltd** | ₹1,88,992 | 1.94% higher | |
| **7. Viviana Power Tech Ltd** | ₹1,88,993 | 1.94% higher | |
| **8. Rajesh Power Services Ltd** | ₹1,89,000 | 1.95% higher | |
| **9. Ultimate Flexipack Ltd** | ₹1,89,000 | 1.95% higher | |

These companies are almost tied in the competitive bracket.

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# ❗ **2. Mid-Range Bidders (Ranks 10–14) – In Red but Moderate Difference**

These bids range from **₹1,89,400 to ₹2,30,000**, with percentage difference rising from **2.16% to 24.06%**.

| Rank | Bidder Name | Price | % Difference |
| —- | —————————— | ——— | ———— |
| 10 | Patel Infrastructure Ltd | ₹1,89,400 | 2.16% |
| 11 | Kundan Green Energy Pvt Ltd | ₹2,10,000 | 13.27% |
| 12 | Salasar Techno Engineering Ltd | ₹2,12,000 | 14.35% |
| 13 | Meghmani Renew Energy Pvt Ltd | ₹2,20,499 | 18.94% |
| 14 | NLC India Renewables Ltd | ₹2,30,000 | 24.06% |

These are **not competitive** compared to the L1 bracket but still within a logical range.

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# 🔴 **3. Highest Bidders (Ranks 15–19) – Significantly Higher**

These bidders quoted **very high prices**, from **₹2,50,000 to ₹3,15,000**, with a massive difference of **34% to 70%** above L1.

| Rank | Bidder Name | Price | % Difference |
| —- | ———————————— | ——— | ———— |
| 15 | Equenita Natural Resources Pte Ltd | ₹2,50,000 | 34.85% |
| 16 | ACME Solar Holdings Ltd | ₹2,70,000 | 45.64% |
| 17 | Apraava Energy Pvt Ltd | ₹2,75,600 | 48.66% |
| 18 | Techno Electric & Engineering Co Ltd | ₹2,92,000 | 57.51% |
| 19 | Enerica Infra 2 Pvt Ltd | ₹3,15,000 | **69.91%** |

These values show **very low price competitiveness** in comparison to top bidders.

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# 📌 **KEY INSIGHTS**

### **1. L1 is Sun Drops Energia Pvt Ltd at ₹1,85,390.**

This is the benchmark for price comparison.

### **2. Extremely tight competition among Top 9 bidders**

* Price difference is **less than 2%** among the top entries.
* Shows a **highly competitive market** for this tender.

### **3. Prices sharply escalate after Rank 9**

* From rank 10 onward, prices increase significantly.
* Bidders from 15–19 quoted **unusually high** prices, indicating:

* Different cost assumptions,
* Risk loading,
* Or strategic bids.

### **4. Major names at high prices**

* **ACME, Apraava (CLP), Techno Electric, NLC** — all quoted much higher than market competitive levels.
* These players likely have:

* Higher overheads,
* Premium quality standards,
* Or lower appetite for competitive bidding.

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