Gujarat High Court gives green signal to GUVNL’s 500 MW wind auction

The Gujarat High Court has ruled in favour of Gujarat Urja Vikas Nigam to conduct a 500 MW wind auction. The decision came after the court dismissed a petition filed by the Indian Wind Energy Association (IWEA) that asked the court to intervene in the auction. An extension of seven days has been provided to the IWEA to appeal the order. Earlier this year, the IWEA had petitioned against the proposed reverse auction stating that the commission’s tariff order for signing wind PPAs at Rs 4.19 per kWh is valid up to March 31, 2019, and that the tariff should be applicable to new capacities till the said date.

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