Developer Selection for 640 MW Pumped Hydro Storage Plant at Rihand and Obra Dams

Work Description - Request For Selection Of Developer For Setting Up Of Minimum 640 Mw Pumped Hydro Storage Plant Psp By Using Upper Reservoir At Rihand Dam And Lower Reservoir At Obra Dam At Distt Sonebhadra Up On Tbcb Basis

Uttar Pradesh Jal Vidyut Nigam Limited (UPJVNL) is issuing a global tender for the selection of a Developer to establish a minimum 640 MW Pumped Hydro Storage Plant (PSP). This crucial project will utilize the upper reservoir at Rihand dam and the lower reservoir at Obra Dam, both located in the Sonebhadra district of Uttar Pradesh. The project will be executed on a Turnkey Basis (TBCB). Key dates for this tender include the document download start and end dates, and bid submission start and end dates, all falling between February 18, 2026, and September 11, 2026. The bid opening will take place on September 14, 2026. The tender involves a two-cover system, with Cover 1 for Fee/Pre-Qualification/Technical bids and Cover 2 for financial bids. A significant Earnest Money Deposit (EMD) of ₹79,06,00,000 is required, payable to UP Rajya Vidyut Utpadan Nigam Ltd. The Tender Fee is set at ₹35,40,000. The tender is for works, specifically in the Power/Energy Projects/Products category, and the contract form is fixed-rate. The tender reference number is 03/E-Tender/Jal Vidyut/2026. The pre-bid meeting is scheduled for March 6, 2026, at the Office of CE MPS, 12th Floor Shakti Bhawan, Lucknow.