Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
GUVNL Tender For Procurement Of 500 MW Wind Power Updated On Mon, Mar 20th, 2023 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […] Read more
GUVNL Issues Tender For 500 MW Solar Power Projects Updated On Tue, Feb 7th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […] Read more
Juniper & Solarcraft Win 50 MW, EDF & ACME Pokharan 100 MW Each in GUVNL 300 MW Wind Auction Updated On Tue, Jan 31st, 2023 by Saurenergy In the fresh auction by Gujarat Urja Vikas Nigam (GUVNL) for the power supply of 300-MW grid connected wind energy projects, Juniper Green Energy, WYN Renewables, EDF Renewables, ACME Pokharan Solar and Solarcraft Power India have emerged as winners. As per the results by GUVNL of the Phase-IV wind energy projects, the players also have […] Read more
Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction Updated On Tue, Jan 31st, 2023 by Saurenergy Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India) (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […] Read more
GUVNL Invites RFS for 500 MW Solar Projects with Greenshoe Option Updated On Fri, Oct 28th, 2022 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has floated a request for selection to purchase power through a competitive bidding process from 500 MW grid-connected solar PV power projects to be set up anywhere in India. There is a greenshoe option with an additional capacity of 500 MW (RFS for 500 MW). The last date for submitting […] Read more
GUVNL Invites Bids for 300 MW Wind Power Project Phase IV Updated On Thu, Oct 20th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has floated a tender the phase IV of 300 MW grid-connected for the purchase of power through a competitive bidding process. This project will be a grid-connected wind power project to be set up anywhere in India with an additional 300 MW capacity under the ‘Greenshoe Option’ for compliance […] Read more
GUVNL Floats Bids for 600 MW Solar Projects With A Greenshoe Option Updated On Fri, Sep 30th, 2022 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has floated a tender to purchase power from 600 MW of grid-connected solar power projects at the Khavda Solar Park, Gujarat. There is a greenshoe option with an additional capacity of 600 MW for inclusion in this tender. The last date for submitting the bid for this 600 MW solar […] Read more