Solar tariffs in Gujarat rise to INR 2.98/kWh
In a recent auction of 500 MW solar PV in the state of Gujarat, solar tariffs have increased to INR 2.98 ($0.046)/kWh, as quoted by state-owned Gujarat State Electricity Corporation (GSEC) Ltd. The reason for the increased tariff rate is cited as pertaining to the uncertainties created by upcoming duties.
Gujarat: GUVNL tenders 500 MW solar project
Gujarat Urja Vikas Nigam Ltd (GUVNL) has announced a 500 MW grid-connected solar PV power project to be set up in the state of Gujarat. The project can be extended to 1 GW with an additional 500 MW under the ‘Greenshoe’ option.
