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Gujarat Urja Vikas Nigam Ltd

Gujarat tenders 500 MW of solar

Projects can be established anywhere in the state which has spare grid capacity, with the relevant substations listed on the Gujarat Energy Transmission Corporation website.

Gujarat tenders 950 MW projects across two solar parks

Gujarat Urja Vikas Nigam Ltd has invited bids to set up 750 MW grid-connected solar projects at 1 GW Dholera Solar Park, and 200 MW projects at 700 MW Raghanesda Solar Park. Tariff ceiling for the projects is set as Rs 2.75/kWh and Rs 2.65/kWh, respectively. Bidding closes on July 24.

Azure Power turns a profit

The NYSE-listed developer appears to have turned the corner after reporting a full year profit of Rs138,493 after a Rs10 lakh loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.

Gujarat cancels 700 MW auction due to ‘high tariff’

Prices ranging from Rs2.84-2.89 have been deemed too costly by the state as the foreign developers who posted the lowest bids blamed high charges at the Raghanesda Solar Park where the projects had to be based.

Rs2.44 solar bid equalled in Gujarat – but is it viable?

The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.

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.

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