Gujarat: No Cross-Subsidy and Additional Surcharge for Captive Solar Projects
The Gujarat Electricity Regulatory Commission (GERC), in a recent order, approved the amendments sought by the Gujarat Urja Vikas Nigam Limited (GUVNL) to the earlier order passed by the Commission ...
Surplus Solar Power Generated by MSMEs in Gujarat to be Compensated at ₹2.25/kWh
The Gujarat Electricity Regulatory Commission (GERC) partly allowed a petition seeking amendments in the tariff framework to procure solar power by distribution licensees (DISCOMs) and others. It passed a series ...
Surplus Energy by Captive Solar Projects to be Compensated at ₹1.99/kWh in Gujarat
The Gujarat Urja Vikas Nigam Limited (GUVNL), in a recent notification, announced that the average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park ...
Uttar Pradesh Scraps 500 MW Solar Auction, Plans to Re-Auction Hoping for Lower Bids
In a new development, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has canceled its 500 MW solar auction. An official statement from UPNEDA stated that the auction ...
Commission Approves Tariff Adoption for GUVNL’s 500 MW Solar Auction
The Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam (GUVNL) to adopt the tariff discovered through a competitive bidding process for procuring power from grid-connected solar photovoltaic ...
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
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 ...
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 ...
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
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 ...
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 ...
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 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 ...
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
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
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 ...
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
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 ...
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
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 ...
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, ...
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, ...
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 ...
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 ...
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 ...
