Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park

Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park

The Gujarat Electricity Regulatory Commission (GERC), in a recent order, approved the tariff of ₹2.64 (~$0.035)/kWh to procure power from a 100 MW solar project (PhaseX-R) being developed by SJVN ...
/ / Markets & Policy, Solar
Gujarat's Residential Rooftop Solar Program Extended to 750 MW from 600 MW

Gujarat’s Residential Rooftop Solar Program Extended to 750 MW from 600 MW

The Gujarat Urja Vikas Nigam Limited (GUVNL) has said it has decided to allow registration of residential rooftop solar applications for up to 750 MW capacity from empaneled vendors for ...
/ / Rooftop, Solar
Issuing a Letter of Award Results in a Concluded Contract – Bombay High Court

Issuing a Letter of Award Results in a Concluded Contract – Bombay High Court

The Bombay High Court, in a recent judgment in the case relating to an infrastructure project, has ruled that the issue of a letter of award results in a concluded ...
/ / Markets & Policy, Solar
Gujarat No Cross-Subsidy and Additional Surcharge for Captive Solar Projects

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 ₹2.25kWh

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 ...
/ / Markets & Policy, Solar
Surplus Energy By Captive Solar Projects to be Compensated at ₹1.99kWh in Gujarat

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

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 Tender 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 ...
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