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

Uttar Pradesh Jal Vidyut Nigam Limited (UPJVNL), a State Government and UT entity, is seeking a qualified Developer through a global tender process for the selection and establishment of a minimum 640 MW Pumped Hydro Storage Plant (PSP). This significant project, identified as Tender Reference Number 03/E-Tender/Jal Vidyut/2026, 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 selection will be conducted on a Turnkey Basis (TBCB). The tender, with Tender ID 2026_UPJVN_1117341_1, is classified under Works and falls within the Power/Energy Projects/Products category. A substantial Earnest Money Deposit (EMD) of ₹79,06,00,000 is required, payable to UP Rajya Vidyut Utpadan Nigam Ltd. The tender fee is ₹35,40,000. Prospective bidders must submit their bids between February 18, 2026, at 09:00 AM and October 12, 2026, at 05:00 PM. Bid opening is scheduled for October 14, 2026, at 04:00 PM. The Notice Inviting Tender (NIT) document and other relevant bid documents are available for download from February 18, 2026, at 09:00 AM until October 12, 2026, at 05:00 PM. A pre-bid meeting will be held on March 6, 2026, at 03:00 PM at the Office of CE MPS, 12th Floor Shakti Bhawan, Lucknow. The tender is a two-cover system, with Cover 1 encompassing Fee/PreQual/Technical details and Cover 2 for the Financial Bid. Bidders are advised to note the critical dates for document download, bid submission, and bid opening.