GUVNL’s solar tender goes undersubscribed

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the list of technical bidders for the development of 500 MW of grid-connected solar projects. Tata Power, Juniper Green, and Vena Energy have bid to develop 200 MW, 190 MW, and 40 MW respectively. The tender has been undersubscribed by 70 MW. Under the tender guidelines, the maximum tariff payable to the selected bidder was set at Rs 2.65 per kWh.

In February 2020, the MNRE issued a notification to set up 50 GW of ultra-mega renewable energy parks in Gujarat and Rajasthan. The ultra-mega parks with a capacity of 25 GW each will be located at Khavada in Gujarat and Jaisalmer district in Rajasthan. The land will be made available to the developers for setting up of solar, wind, and solar wind hybrid projects at these locations. These ultra-mega parks have received the necessary clearances of the respective state governments and the Ministry of Defence.

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