13 companies submit bids for setting up 500 MW grid-connected solar PV power projects

A total of 13 companies have submitted technical bids for Phase II of the 500 MW grid-connected solar PV power projects tendered by Gujarat Urja Vikas Nigam Limited (GUVNL). These are Orange Renewables (30 MW), Eden Renewables (70 MW), Mahindra Renewables Private Limited (200 MW), UPC Solar (50 MW), Avaada Power Private Limited (300 MW), Fortum Corporation (50 MW), the Adani Group (200 MW), Aditya Birla Renewables Limited (250 MW), Feynman (100 MW), Gujarat State Electricity Corporation Limited (75 MW), Kosol (50 MW), Azure Power (500 MW) and Tata Power (50 MW). The total bid capacity adds up to 1,925 MW and is, therefore, oversubscribed by 1,425 MW.

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