GUVNL’s 625 MW solar tender discovers INR 2.34/kWh tariff

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Gujarat Urja Vikas Nigam Ltd’s tender for the procurement of power from 625 MW solar PV projects saw aggressive bidding, with the lowest (L1) discovered tariff at INR 2.34/kWh.

The winners include Welspun Renewable Energy and NLC India, which secured 300 MW each.

The tender was launched by GUVNL in November last year to procure 625 MW of solar power from projects to be set up without energy storage anywhere in India. The selected developers will set up the projects on a build-own-operate basis at locations identified by them anywhere in India.

Solar PV modules for these projects must be sourced from the MNRE’s Approved List of Models and Manufacturers (ALMM List-I). These modules, in turn, must use cells from models and manufacturers listed under ALMM List-II for solar PV cells.

 

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