500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more