guvnl

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Daily News Wrap-Up: SAEL, Kintech, Prozeal Win GUVNL’s 500 MW Solar Auction

S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries won Gujarat Urja Vikas...

December 19, 2024

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Mercom Staff

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Daily Wrap-up
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Prozeal, Kintech, SAEL Among Winners of GUVNL’s 500 MW Solar Auction

S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries won Gujarat Urja Vikas...

December 18, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Mahindra Susten Secures ₹14.48 Billion Financing for 560 MW Solar Projects

Mahindra Susten, the clean-tech arm of the Mahindra Group, has closed a financing deal worth ₹14.48 billion (~$170.6 million) with HDFC Bank and Axis Bank for its 560 MW...

December 11, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Kintech, H.G Infra, Bhilwara and Advait Win GUVNL’s 500 MW/1000 MWh BESS Auction

Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group) and Advait Infratech have won Gujarat Urja Vikas Nigam’s (GUVNL) Phase IV standalone Battery...

December 2, 2024

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Gautamee Hazarika

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Energy Storage

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Tenders & Auctions
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Juniper, Jakson Green, EDF Win GUVNL’s 200 MW Wind Auction

Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) won Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 200 MW grid-connected wind...

October 29, 2024

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Arjun Joshi

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Tenders & Auctions

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Wind
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Gujarat Issues Draft Tender for Long Duration 200 MW/1600 MWh BESS

The Gujarat Urja Vikas Nigam (GUVNL) has issued a draft tender to set up  projects of 200 MW/1600 MWh standalone battery energy storage (long duration energy storage)...

October 21, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Daily News-Wrap: GUVNL Amends BESS Tender by Providing VGF Support

The Gujarat Urja Vikas Nigam (GUVNL) has amended its Phase IV Standalone Battery Energy Storage Systems tender by providing Viability Gap Funding (VGF) support and...

October 17, 2024

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Mercom Staff

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Daily Wrap-up
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GUVNL Phase IV Battery Storage Tender to Include VGF of ₹2.7 Million/MWh

The Gujarat Urja Vikas Nigam (GUVNL) has amended its Phase IV Standalone Battery Energy Storage Systems (BESS) tender by providing Viability Gap Funding (VGF) support...

October 16, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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GERC Approves ₹3.11-3.17/kWh Tariff for GUVNL’s 240 MW Wind Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹3.11 (~$0.037)/kWh to ₹3.17 (~$0.038)/kWh for 240 MW of wind power projects. The...

September 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Gujarat Approves GUVNL-SECI Battery Energy Storage Sale Agreement

The Gujarat Electricity Regulatory Commission (GERC) has approved the Battery Energy Storage Sale Agreement signed by Gujarat Urja Vikas Nigam (GUVNL) with Solar Energy...

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GERC Asks Wind Developer to Share All Carbon Credit Benefits with Utility

The Gujarat Electricity Regulatory Commission (GERC) has ruled that wind power developers must share benefits from the sale of all types of carbon credits with Gujarat...

September 16, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Gujarat Invites Bids for 400 MW/800 MWh Standalone BESS

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up a 400 MW/800 MWh standalone battery energy storage system (BESS) with an additional green shoe option of...

September 2, 2024

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Staff

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Energy Storage

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Tenders & Auctions
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GUVNL Issues Tender to Procure 500 MW of Solar Power with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to purchase power from 500 MW of grid-connected solar power projects (Phase XXV) to be set up anywhere in India, with a...

August 21, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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BluPine Secures ₹4.36 Billion for a 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

July 22, 2024

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Namratha A Rai

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Finance and M&A

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Solar

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