The Gujarat Electricity Regulatory Commission (GERC) has approved a tariff of ₹2.65 (~$0.038)/kWh for a 100 MW solar project under phase VI of the state’s Raghanesda Solar Park. The tariff was quoted by Gujarat State Electricity Corporation Limited (GSECL) under the competitive bidding process conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).