Solex Energy secures 310 MW solar module order from KPI Green
Solex Energy Ltd will supply 310 MW of n-type TOPCon 615 Wp glass-to-glass (G12R) solar PV modules to KPI Green Energy’s projects for Gujarat Urja Vikas Nigam Ltd.
GUVNL launches 200 MW/1,600 MWh battery storage tender
The prospective developers will install, operate and maintain battery energy storage systems to offer energy storage facility to Gujarat Urja Vikas Nigam Ltd on an “on demand” basis.
Juniper Green secures PPAs for 480 MW of hybrid wind-solar
Juniper Green has secured power purchase agreements with NTPC and Gujarat Urja Vikas Nigam Ltd for 290 MW and 190 MW of hybrid wind-solar projects, respectively.
Gensol secures additional 250 MW/500 MWh in GUVNL’s battery storage project
Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of Gujarat Urja Vikas Nigam Ltd’s standalone battery energy storage project with additional allotment of 250 MW (500 MWh) under Greenshoe option.
IndiGrid awarded 180 MW/360 MWh battery storage project by GUVNL
IndiGrid will develop the 180 MW/360 MWh battery energy storage system on a build-own-operate basis in Gujarat.
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.
