Gujarat’s 700 MW Solar Auction Sees Lowest Tariff of ₹2.84/kWh
Lowest tariff of ₹2.84 (~$0.0406)/kWh was quoted in the solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for 700 MW of solar power projects. The projects are ...
Gujarat Shows Leniency, Grants Several Extensions to 25 MW Solar Thermal Project
Taking a lenient view, the Gujarat Electricity Regulatory Commission (GERC) has extended the scheduled commissioning date of a 25 MW of grid-connected solar thermal project a number of times. The ...
Gujarat’s 700 MW Solar Tender Oversubscribed by Over Two Times
The Gujarat Urja Vikas Nigam Limited (GUVNL)’s 700 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by over two times. A GUVNL official informed Mercom that bids aggregating 1,750 ...
Gujarat Floats Tender for 700 MW of Grid-Connected Solar Projects
The Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 700 MW of grid-connected solar photovoltaic (PV) power projects to be set up under Phase III of Raghanesda Solar Park located ...
Open Access Power Consumers in Gujarat to Pay Additional Surcharge of ₹0.44/kWh
The Gujarat Electricity Regulatory Commission (GERC) has issued an order stating that an additional surcharge of ₹0.44 (~$0.0060)/kWh will be applicable in case of open access consumers who avail power ...
Wind and Solar Auctions with Unreasonable Bids Will be Cancelled: R.K. Singh
The government will continue to cancel solar and wind auctions if it finds that the prices discovered through reverse bidding are high. "We will accept bids which are reasonable. If ...
Lowest Tariff of ₹2.44/kWh Wins GUVNL’s 500 MW Solar Auction
Lowest (L1) tariff of ₹2.44 (~$0.0338)/kWh has been quoted in the recent auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) for 500 MW of grid-connected solar photovoltaic (PV) projects ...
Gujarat’s 500 MW Solar Tender Oversubscribed by Almost Four Times
Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the ...
India Auctioned 2 GW of Solar Projects in August 2018
The auction activity in the month of August plummeted to almost a third of July, which saw the highest auction activity in the year with 6 GW of solar projects ...
Recent Cancellations of Solar Auctions Have Set a Bad Precedent
India’s efforts to grow solar energy has suffered some setbacks recently. The solar industry is trying to overcome the recently announced safeguard duty but the recent cancellation of auctions has ...
Gujarat Invites EoI to Develop 1,000 MW of Projects at Dholera Solar Park
The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expression of interest (EoI) from project developers to develop 1,000 MW of grid-connected solar PV projects in the Dholera Special Investment ...
Gujarat Annuls 500 MW Wind Tender with Greenshoe Option
The Gujarat Urja Vikas Nigam Limited (GUVNL) has cancelled the tender for 500 MW of wind projects. The capacity was tendered by GUVNL under Phase II of its program for ...
Oversubscribed by 4 Times, Odisha’s 200 MW Solar Tender Receives Massive Response
The Grid Corporation of Odisha (GRIDCO)’s 200 MW grid-connected solar photovoltaic (PV) project tender has been oversubscribed by almost four times. The capacity was tendered by GRIDCO in April 2018 ...
Over 30 GW of Solar Tendered in the First Half of 2018 in India
Over 30 GW of solar projects have been tendered in the first half of calendar year. Auction activity lagged tender announcements in the first half by a large margin. Auctions ...
Gujarat Retenders 500 MW of Grid-Connected Solar Projects
Gujarat Urja Vikas Nigam Limited (GUVNL) has retendered 500 MW of grid-connected solar photovoltaic (PV) projects to be developed across the state. GUVNL has announced the tender in order to ...
Approximately 1.3 GW of Solar Tendered and 40 MW Auctioned in India During April 2018
In April 2018, approximately 1.3 GW of new solar projects were tendered, over 1.6 GW was retendered, and only 40 MW of solar was auctioned across the country, according to Mercom’s ...
GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs
The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for the development of 500 MW of grid-connected solar photovoltaic (PV) projects in the state. According to ...
Gujarat to Develop India’s Largest 5 GW Solar Park
Gujarat will soon have the largest solar park at a single location in India as the state government has approved the establishment of a 5,000 MW in Dholera Special Investment ...
News Highlights from March 2018: Key Developments in India’s Renewable Sector
There was a range of activity from stakeholders in India’s solar sector during the month of March. Here is a quick recap of the important data points and headlines: The ...
High GUVNL Auction Tariffs Need Board Approval Before Projects are Awarded
The individual project capacities in the recently concluded 500 MW grid-connected solar PV auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) have not been awarded yet as higher tariffs ...
Solar Tariffs Hover Around ₹2.98-3.06/kWh in GUVNL’s 500 MW Auction
Solar tariffs hovered around the ₹3 (0.0462)/kWh mark in the latest 500 MW grid-connected solar photovoltaic (PV) auction held by Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL had tendered the ...
BHEL to Construct 75 MW Grid-Connected Solar PV Project in Gujarat
Bharat Heavy Electricals Limited (BHEL) is set to develop a 75 MW grid-connected solar photovoltaic (PV) project in the state of Gujarat. The project will be developed at Gujarat Solar ...
BREAKING: Gujarat’s 500 MW Solar PV Tender Oversubscribed by Three Times
Gujarat Urja Vikas Nigam Limited (GUVNL)’s recent 500 MW grid-connected solar photovoltaic (PV) tender with greenshoe option has been oversubscribed by over three times. The General Manager at GUVNL told ...
After January Surge, Solar Tender Activity Slowed in February
After an unprecedented volume of tenders issued in January, implementing agencies could not maintain the momentum in February as bidders became reluctant in the face of potential new tariffs. Tender ...
Gujarat Tenders 500 MW of Wind Projects to be Developed Across the State
Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 500 MW of wind projects to be developed across the state. The bid-submission deadline is April 2, 2018. Under this global tender, ...
