Gujarat Urja Vikas Nigam

BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project

Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […]

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GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at Khavda (GSECL Stage 2) with a Greenshoe option of additional […]

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GUVNL Tender For Procurement Of 500 MW Wind Power

Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […]

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Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction

In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […]

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Torrent Power Bags 25 MW Solar Portfolio in Gujarat

In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […]

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Tender for DSIR’s 1000 MW Solar Project likely in August

Out of the planned 5000 MW of solar power project establishment in DSIR, the authorities decided to roll out 1000 MW tender as the first phase of the project. The overall cost of power plant project is estimated at Rs 25,000 crore and spread across 11000 hectares. Government is likely to roll out the 1000 […]

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Azure Power Bags 260 MW Solar Power Project in Gujarat

The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […]

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GUVNL Extends the Bidding Deadline for 1000MW Renewable Power

The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […]

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Gujarat Urja Vikas Nigam Ltd (GUVNL) floats tender for 500 MW grid connected Solar Power project

Gujarat Urja Vikas Nigam Ltd (GUVNL) has decided to buy 500 MW of solar power through competitive bidding, which will be followed by an e-auction for the lowest price. Gujarat Urja Vikas Nigam Ltd via RfS no GUVNL/Competitive/500MW/Solar dated 15.06.2017 has floated tender for procurement of 500 MW power from Solar Power Projects through Competitive […]

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