GUVNL Floats 500 MW Solar Tender With Greenshoe Option Updated On Mon, May 26th, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure power from 500 MW of grid-connected solar photovoltaic (PV) projects without energy storage. The projects can be new, under construction, or already commissioned anywhere in India, and the tender includes a greenshoe option for an additional capacity of up to 500 MW. The […] Read more
Advait, H.G. Infra Sign BESS Deal With GUVNL Backed by VGF Updated On Fri, May 23rd, 2025 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has signed Battery Energy Storage Purchase Agreements (BESPAs) with Gujarat-based Advait Energy and Rajasthan-based H.G. Infra Engineering, following the Gujarat Electricity Regulatory Commission’s (GERC) approval of tariffs discovered through a competitive bidding process for 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) in the state. Under GUVNL’s […] Read more
Unravelling The Mess At Gensol-Speed Essential Updated On Thu, Apr 24th, 2025 by Saurenergy A report in business daily Mint has finally raised the issue of embattled solar EPC firm Gensol’s recent tender wins, and the likely future of those projects. The report cites sources close to the matter at the government as saying that all options, including rebidding are on the table. At SaurEnergy, we have also been […] Read more
GUVNL Awards 250 MW Wind Project to KPI, Juniper, Jakson Green & Inox Updated On Thu, Apr 24th, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its 250 MW (Phase IX) grid-connected wind power project to KPI Green Energy, Juniper Green Energy, JGRJ Four Renewable (Jakson Green), and Inox Neo Energies (Inox Clean Energy). The tender includes a greenshoe option for an additional 250 MW in Gujarat. KPI Green Energy won the largest […] Read more
Insolation Green Secures Rs. 733.04 Cr Supply Order From KPI Green Updated On Wed, Mar 19th, 2025 by Saurenergy Insolation Green, a subsidiary of Insolation Energy, has secured a Rs. 513.13 crore project from KPI Green Energy under Phase-1 of the project. As per the latest order, KPI Green will utilize N-type bifacial (G to G) solar PV modules for the Gujarat Urja Vikas Nigam Limited (GUVNL) project, which is scheduled between June 2025 […] Read more
GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh Updated On Thu, Mar 6th, 2025 by Saurenergy GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […] Read more
NLC India, Adyant Secure SJVN Wind Project Updated On Wed, Mar 5th, 2025 by Saurenergy NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, Government of India, received a Letter of Award (LoA) for a 200 MW Wind Power Project from SJVN Limited at a tariff of Rs. 3.74/kWh. Meanwhile, Adyant Enersol secured a 112 MW wind project at a tariff rate of Rs. 3.81/kWh. NLC India […] Read more
GUVNL Issues 250 MW Wind Energy Tender With Greenshoe Option Updated On Mon, Jan 20th, 2025 by Saurenergy GUVNL recently issued a 250 MW grid-connected wind power project tender to be set up anywhere in India (Phase IX). The project also offers an additional ‘Greenshoe Option’ of up to 250 MW. It’s inviting bids up till February 11, 2025. The successful bidder under this arrangement can also consider entering into a Power Purchase […] Read more
GUVNL Issues Tender For 500 MW/1000 MWh BESS Project Updated On Sun, Jan 19th, 2025 by Saurenergy GUVNL has now released its 500/1000 MWh (Phase-VI) standalone Battery Energy Storage System (BESS) tender for 2025. The project is located in the home state of Gujarat. This is the 23rd standalone BESS tender and the 6th from GUVNL (one is in the draft stage on LDES). GUVNL is accepting bids until February 24, 2025. […] Read more
