GUVNL Issues Request for Selection For Pilot Projects in Gujarat Updated On Mon, Aug 15th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has invited a Request for Selection (RfS) for setting up of Pilot Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-I). The last date to submit the bid is “Applicable as per NIT on the ISN-ETS portal”. This GUVNL 500 […] Read more
Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more
Gujarat Urja Vikas Issues 750 MW Solar Tender Through Competitive Bidding Updated On Wed, Jul 13th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has floated a tender for a 750 MW solar power project through competitive bidding process. The last date for submitting the online bid is August 23, 2022, till 5:00 pm and for the offline bid is August 25, 2022, at 05:00 pm. Bids will be opened on August 26, […] Read more
GUVNL’s 500 MW Solar Auction Winners Updated On Mon, Jun 13th, 2022 by Saurenergy ABREL SPV 2 (Aditya Birla Renewable Energy), Hinduja Renewables Energy, and state owned SJVN were declared the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW capacity of solar projects under Phase XIV. The winners quoted a price of Rs 2.30 per unit, with SJVN quoting Rs 2.31/unit or kW. While ABREL and […] Read more
Tata Power Renewables commissions 120 MW solar project in Gujarat Updated On Wed, May 4th, 2022 by Saurenergy Tata Power Renewable Energy has commissioned a 120 MW solar project in Masenka, Gujarat. Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of Tata Power, has commissioned the solar project, which will produce 305247 MWh annually for Gujarat Government (GUVNL), a company statement said. In the installation, approximately 3.81 lakhs modules were […] Read more
80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB Updated On Fri, Apr 29th, 2022 by Saurenergy The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […] Read more
GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
Auction Winners Bid at Rs 2.29/unit For 500 MW GUVNL solar auction Updated On Thu, Mar 17th, 2022 by Saurenergy In bids that continue to surprise, the Gujarat Urja Vikas Nigam Limited’s (GUVNL) January tender for 500 MW of solar power has attracted a very aggressive set of bids from the 4 winners declared. Fortum (through Alpha Energy- 200 MW), SJVN (100 MW), Hinduja Renewable Energy (120 MW) and UPC Renewables (80 MW) have bid, […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
