K.P. Energy will install and commission 728.7 of wind-solar hybrid and 275 MW of solar projects.
BluPine Energy will supply the solar power generated to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year power purchase agreement.
Gujarat State Electricity Corp. Ltd has secured a power purchase agreement with Gujarat Urja Vikas Nigam Ltd for its 35 MW solar PV with 57 MWh battery energy storage project.
BluPine Energy has secured INR 436 crore ($52.85 million) debt finance from State Bank of India to advance its 120 MW solar project in Gujarat.
NHPC has signed a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) for its 200 MW solar power project at Khavda in Gujarat.
JSW Neo Energy Ltd, an arm of JSW Energy, has secured power purchase agreements with Solar Energy Corp. of India Ltd and Gujarat Urja Vikas Nigam Ltd for cumulative renewable energy capacity of 1.3 GW (1 GW wind and 300 MW solar).
Juniper Green Energy has secured a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for the development of a 150 MW wind-solar hybrid power project in Gujarat and Rajasthan. It has also secured a PPA with GUVNL for a standalone 90 MW wind power project in Gujarat.
Gensol Engineering Ltd has won the 250 MW/ 500 MWh standalone battery storage tender by quoting the lowest price of INR 3.72 lacs/MW/month.
Avaada, BluPine Energy, Hinduja Renewable Energy, KPI Green and NRC Industries have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 500 MW of grid-connected solar with greenshoe option of additional 500 MW.
The winning developers will set up grid-connected hybrid wind-solar power projects on a build-own-operate basis. The projects may be setup anywhere in India.
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