GUVNL Auction

SJVN Wins GUVNL’s 100 MW Solar Auction

SJVN Limited, a joint venture between the central government and the government of Himachal Pradesh, has won a 100 MW solar project in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction ...
COVID-19 Impact: Deadline to Sign PPAs for Distributed Solar Projects Extended

COVID-19 Impact: Deadline to Sign PPAs for Distributed Solar Projects Extended

The Gujarat Electricity Regulatory Commission (GERC) has extended the time limit for the execution of power purchase agreements (PPAs) between the state distribution companies (DISCOMs) and small-scale distributed solar project ...
/ / Markets & Policy, Solar
Winning Tariff of ₹2.20_kWh in the GUVNL Solar Auction Hasn't Factored BCD

Winning Tariff of ₹2.20/kWh in the GUVNL Solar Auction Hasn’t Factored BCD

The Indian Government's endeavor to encourage domestic manufacturing of solar modules and cells led to the imposition of BCD (Basic Customs Duty) on solar modules with HSN Code 85414012 BCD ...
/ / Solar, Tenders & Auctions
Coal India Limited

Coal India Floats EPC Tender for a 100 MW Solar Project in Gujarat

Coal India Limited (CIL) has invited bids for the design, engineering, procurement, construction, testing, and commissioning of a 100 MW (AC) grid-connected solar power project in Gujarat. The successful bidder ...
Supreme Court Upholds NCLT's Stay of Termination of GUVNL's PPA with Solar Developer

Supreme Court Upholds NCLT’s Stay of Termination of GUVNL’s PPA with Solar Developer

The Supreme Court, in a recent order, has said that the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) had correctly stayed the termination of ...
/ / Markets & Policy, Solar
APTEL Directs GUVNL to Maintain Status Quo in the 700 MW Scrapped Solar Auction

APTEL Directs GUVNL to Maintain Status Quo in the 700 MW Scrapped Solar Auction

The Appellate Tribunal for Electricity (APTEL) has asked the Gujarat Urja Vikas Nigam Limited (GUVNL) to maintain the status quo in the scrapped 700 MW solar auction until further orders ...
/ / Markets & Policy, Solar
GUVNL's 500 MW Solar Auction Gets Lowest Tariff of ₹2.20_kWh

First Auction After BCD: GUVNL’s 500 MW Solar Auction Gets Lowest Tariff of ₹2.20/kWh

Sprng Ujjvala Energy, NTPC Renewable Energy, Coal India, and TP Saurya-a Tata Power subsidiary - were declared winners in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction to purchase power ...
GUVNL Reissues Tenders for 800 MW of Solar Power Scrapped Earlier

GUVNL Reissues Tenders for 800 MW of Solar Projects Scrapped Earlier

Gujarat Urja Vikas Nigam Limited (GUVNL) has reissued tenders to purchase 800 MW of solar power from grid-connected solar projects at the Dholera and Raghanesda Solar Parks in the state ...
GUVNL 500 MW

Gujarat’s 500 MW Solar Tender Receives Strong Response

The Gujarat Urja Vikas Nigam Limited's (GUVNL) tender to purchase power from 500 MW of grid-connected solar projects (Phase XII) in the state has received a good response and has ...
‘Change in Law’ Clause Approved in Draft PPA for Setting Up Distributed Solar Projects

‘Change in Law’ Clause Approved in Draft PPA for Setting Up Distributed Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved the Gujarat Urja Vikas Nigam Limited's (GUVNL) request seeking incorporation of the 'Change in Law' clause in the draft power purchase agreement ...
APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction

APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction

The Appellate Tribunal for Electricity (APTEL) has directed the Gujarat Urja Vikas Nigam Limited (GUVNL) to extend the validity of bids placed by developers in its scrapped 700 MW solar auction ...
Gujarat Regulator Allows DISCOM to Scrap 700 MW Solar Auction

In Another Bad Precedent, Gujarat Regulator Allows DISCOM to Scrap 700 MW Solar Auction

The Gujarat Electricity Regulatory Commission (GERC) has allowed the Gujarat Urja Vikas Nigam Limited (GUVNL) to cancel the 700 MW solar auction in the state’s Dholera Solar Park and retender ...
L&T Wins Solar EPC Contracts from NTPC and GSECL for Projects in Gujarat

L&T Wins Solar EPC Contracts from NTPC and GSECL for Projects in Gujarat

The renewable energy arm of Larsen and Toubro (L&T) has won the engineering, procurement, and construction (EPC) contract for the 200 MW project in Gujarat through an e-reverse auction conducted ...
/ / Solar, Tenders & Auctions
Gujarat Issues Tender for 500 MW of Solar Projects

Gujarat Issues Tender for 500 MW of Solar Projects

The Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a request for selection (RfS) to purchase power from 500 MW of grid-connected solar photovoltaic (PV) projects to be set up ...
Gujarat Commission Adopts ₹1.99_kWh Tariff Discovered in GUVNL's 500 MW Solar Auction

Gujarat Commission Adopts ₹1.99/kWh Tariff Discovered in GUVNL’s 500 MW Solar Auction

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariff of ₹1.99 (~$0.0270)/kWh discovered in the competitive bidding conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for procurement of ...
/ / Markets & Policy, Solar
Solar Auctions Were Up in 2020 Despite the Pandemic, Tenders Activity Declined

Solar Auctions Were Up in 2020 Despite the Pandemic, Tenders Activity Declined

2020 was not great for India's solar sector, which was adversely affected by the COVID-19 pandemic, which slowed down the development activity. The ongoing projects came to a grinding halt, ...
/ / Solar, Tenders & Auctions
Gujarat’s New Solar Policy Incentivizes Captive and Rooftop Solar Projects

Gujarat’s New Solar Policy Incentivizes Captive and Rooftop Solar Projects

The Gujarat government has announced the new 'Gujarat Solar Power Policy 2021' with incentives for residential, commercial, and industrial rooftop solar developers. The policy will be valid until December 31, ...
/ / Markets & Policy, Solar
Reasons Behind the Record Low Solar Bid of ₹1.99_kWh in The Gujarat Solar Auction

Reasons Behind the Record Low Solar Bid of ₹1.99/kWh in the Gujarat Solar Auction

The recent auction by Gujarat Urja Vikas Nigam Limited (GUVNL) (Phase XI) for 500 MW of solar projects set a new record for the lowest tariff an auction in India ...
/ / Solar, Tenders & Auctions
Torrent Power Reissues Tender for Purchasing 300 MW of Solar in Gujarat

Torrent Power Reissues Tender for Purchasing 300 MW of Solar in Gujarat

Torrent Power Limited has reissued the tender for the purchase of up to 300 MW of power from grid-connected solar projects in Gujarat. The last date to submit the bids ...
/ / Solar, Tenders & Auctions
Gujarat’s 500 MW Auction Sets A New Record Low Solar Tariff of ₹1.99/kWh

Gujarat’s 500 MW Auction Sets A New Record Low Solar Tariff of ₹1.99/kWh

The Gujarat Urja Vikas Nigam Limited's (GUVNL) (Phase XI) auction for 500 MW of solar projects has set a new record. In this auction, the lowest (L1) tariff reached ₹1.99 ...
/ / Solar, Tenders & Auctions
Solar Tenders Rise by 14% as Auctions Decline in Q3 2020

Solar Tenders Rise by 14% as Auctions Decline in Q3 2020

The government agencies announced about 6.3 GW of tenders in the third quarter Q3 of the calendar year (CY) 2020, an increase of 14% compared to the previous quarter, according ...
Gujarat Invites Application for Setting Up Small-Scale Solar Projects

Gujarat Invites Application for Setting Up Small-Scale Solar Projects

The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited applications for setting up small-scale solar projects ranging between 0.5 MW and 4 MW. The tender is open for individuals, companies, ...
/ / Solar, Utility Scale
Ministry of Power Signs Pact with Three State-Run Utilities for Augmenting Generation (1)

Ministry of Power Signs Pact with Three State-Run Utilities for Augmenting Generation

The Government of India's Ministry of Power (MoP) signed a Memorandum of Understanding (MoU) with three state-run major power utilities: SJVN, NTPC, and Power Grid Corporation of India Ltd (PGCIL) ...
/ / Grid, Market & Policy
Gujarat Announces Tender to Purchase Power from 500 MW of Solar Projects

Gujarat Announces Tender to Purchase Power from 500 MW of Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for selection (RfS) to purchase power from 500 MW of grid-connected solar photovoltaic (PV) projects. Projects under construction, those that ...
SJVN To Commission 100 MW Project in Gujarat’s Dholera Solar Park by March 2022

SJVN To Commission 100 MW Project in Gujarat’s Dholera Solar Park by March 2022

SJVN Limited, a state-owned hydropower generator, announced that it won 100 MW of solar projects in the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction for 700 MW of solar projects ...