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GUVNL

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Financings

Mahindra Susten secures Rs 14.48 billion financing for 560 MW solar projects

December 12, 2024

Mahindra Susten, the clean-tech arm of the Mahindra Group, has successfully secured a rupee term loan of Rs 14.48 billion from HDFC Bank and Axis Bank. This funding will facilitate the construction of its 560 […]

Companies

Company Highlights: Key developments in the past 12 months

December 2, 2024

The year 2024 witnessed several interesting developments in India’s renewable energy sector, leading to continued expansion of developers’ and manufacturers’ portfolios. The growing traction and demand for round-the-clock (RTC) and quality renewables have resulted in […]

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Projects

KP Energy bags 1,003.7 MW order from GUVNL

November 6, 2024

KPI Green Energy Limited, the renewable arm of KP Group, has bagged new engineering, procurement, construction (EPC) orders from Gujarat Urja Vikas Nigam Ltd (GUVNL). The company will be responsible for developing 1,003.7 MW of […]

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Projects

SJVN invites bids for 700 MW solar projects in Gujarat

October 24, 2024

SJVN Green Energy has floated a tender for the design, engineering, supply, erection, testing, and commissioning of solar projects of a cumulative capacity of 700 MW (100 MWx7 plots) at the Khavda Renewable Energy Park […]

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Projects

GUVNL issues draft tender for 200 MW BESS in Gujarat

October 22, 2024

The Gujarat Urja Vikas Nigam (GUVNL) has issued a tender to establish 200 MW/1600 MWh standalone battery energy storage systems (BESS) in Gujarat. The winner will be selected through tariff-based competitive bidding (Phase-V). The BESS […]

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Projects

JSW Energy signs PPA for 192 MW wind-solar hybrid project with GUVNL

October 18, 2024

JSW Renew Energy Seventeen Limited, a wholly owned subsidiary of JSW Energy Limited, has signed its first power purchase agreement (PPA) for a 192 MW wind-solar hybrid project with Gujarat Urja Vikas Nigam Limited (GUVNL). […]

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Projects

KPI Green signs two PPAs for 620 MW RE projects with GUVNL

October 18, 2024

KPI Green Energy Limited has signed two power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a total of 620 MW renewable energy (RE) projects. The first PPA is for a 250 […]

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Projects

GUVNL issues tender for 400 MW/800 MWh BESS project

September 3, 2024

The Gujarat Urja Vikas Nigam (GUVNL) has issued a tender for setting up a 400 MW/800 MWh standalone battery energy storage system (BESS). There is also an additional green shoe option of the same capacity. […]

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Projects

GUVNL floats 500 MW solar tender (Phase XXV)

August 23, 2024

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for purchasing power from 500 MW of grid-connected solar power projects (Phase XXV). It has a greenshoe option of 500 MW and has to be […]

Companies

GUVNL: Driving renewables growth in Gujarat

August 7, 2024

Incorporated in 2004, Gujarat Urja Vikas Nigam Limited (GUVNL) oversees the bulk purchase and sale of electricity to four discoms and other private distribution licensees. The company also coordinates and supervises the activities of its […]

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Projects

Gensol Engineering awarded EPC award for solar plant in Gujarat

July 29, 2024

Gensol Engineering Limited received a Notification of Award for engineering, procurement and construction (EPC) for the solar plant in Khavda renewable energy power park in Gujarat. The solar pant will be constructed at an investment […]

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Projects

GUVNL invites bids to procure renewable energy from 500 MW of wind projects

July 22, 2024

The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids from developers to procure power from 500 MW of wind power projects in India. There is an additional greenshoe option of 500 MW. The bid submission […]

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Projects

Juniper Green bags PPAs for 480 MW of wind-solar hybrid projects

July 11, 2024

Juniper Green Energy has secured two power purchase agreements (PPAs) for total 480 MW of hybrid renewable energy projects. The two PPAs have been won as a part of NTPC’s tranche-I hybrid tender and Gujarat […]

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Regulations

Gujarat commission sets tariff for 200 MW wind solar hybrid projects

July 9, 2024

The Gujarat Electricity Regulatory Commission (GERC) has set the tariffs determined through the competitive bidding process conducted by Gujarat Urja Vikas Nigam (GUVNL) for procuring 200 MW of wind-solar hybrid power from projects to be […]

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Regulations

Gujarat commission sets tariff for 1,125 MW solar projects

June 26, 2024

The Gujarat Electricity Regulatory Commission has approved the tariffs determined through competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,125 MW of solar power from projects to be developed […]

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Regulations

Gujarat commission approves tariff for 1,200 MW solar projects

June 17, 2024

The Gujarat Electricity Regulatory Commission (GERC) has recently set the tariffs for three solar power projects in the state, totaling a combined capacity of 1,200 MW. The commission has also given Gujarat Urja Vikas Nigam […]

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Data & Statistics

Tender Results: Winners of recent capacities auctioned

June 10, 2024
State Focus

Green Energy Hub: Gujarat emerges as a key player in the renewable energy space

May 13, 2024

By Sakshi Bansal Gujarat has positioned itself as a pioneer in the renewable energy space. Leveraging its extensive coastline, ample solar radiation and wind resources, the state has effectively utilised natural elements to meet its […]

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Projects

GUVNL invited bids for 500 MWh standalone BESS

March 22, 2024

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for proposals to select developers for development of 250 MW/500 MWh (250 MW x 2 hours) standalone battery energy storage systems (BESS) for on demand […]

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Projects

Gujarat invites bids for 500 MW solar projects

March 21, 2024

Gujarat Urja Vikas Nigam Limited’s (GUVNL) has issued a request for proposals to purchase power from 500 MW grid-connected solar power projects, without energy storage. The tender allows for capacity expansion under the greenshoe option by […]

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