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
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
Topsun Sets Up GUVNL-commissioned 1 MW Solar Plant in Gujarat Updated On Thu, Jul 22nd, 2021 by Saurenergy Gandhinagar-based rooftop solar manufacturer Topsun Energy Ltd has set up a 1 MW solar power plant, their first one to be commissioned by Gujarat Urja Vikas Nigam Ltd. (GUVNL). Power evacuation to grid has been completed successfully under the Small-Scale Distributed Solar Projects (SSDSP) 2019 scheme. Founded in 2007, Topsun offers innovative photovoltaic products and systems […] Read more
GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit Updated On Wed, Jun 9th, 2021 by Saurenergy Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […] Read more
SJVN Wins GUVNL’s 100 MW Solar Auction Again at Rs 2.64/kWh Updated On Mon, May 10th, 2021 by Saurenergy SJVN has once again emerged as the winner in the auctions conducted by GUVNL for 100 MW solar projects in the Raghanesda Solar Park. SJVN Limited has announced that it has once again emerged as the winner in the auctions conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) for 100 MW solar projects to […] Read more
Coal India Signs its First Solar PPA, 100 MW Deal With GUVNL Updated On Mon, Apr 26th, 2021 by Saurenergy Coal India Limited has signed its very first PPA for the sale of 100 MW of solar power to Gujarat Urja Vikas Nigam Ltd (GUVNL). Coal India Limited (CIL) has announced that it has signed its very first Power Purchase Agreement (PPA) for the sale of 100 MW of solar power to the Gujarat Urja […] Read more
Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […] Read more
GUVNL RFS For 500 MW Solar Projects Under Phase XII Out Updated On Mon, Jan 25th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a request for selection (RfS) for 500 MW of grid-connected solar photovoltaic (PV) projects to be set up in the state in Phase XII. With this, the state has consolidated its lead as one of the most active state level undertakings to issue solar tenders successfully, […] Read more
