High Solar Tariffs Sees Gujarat Cancel 700 MW Solar Tender Updated On Fri, Jan 25th, 2019 by Saurenergy The Gujarat government is likely to reduce the charges at the solar park, after which GUVNL will hold a fresh auction. The Gujarat government has cancelled the solar auction it held in December for the development of 700 MW of solar projects, citing winning bids being too high as the reason for cancellation. The decision […] Read more
Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
Adani to Invest Rs 55k Cr in Gujarat including Solar Projects Updated On Sat, Jan 19th, 2019 by Saurenergy Further, this will lead to creation of over 50,000 new direct and indirect jobs in the state. Billionaire Gautam Adani has announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Speaking at the […] Read more
Gujarat Signs 6 MoUs with Netherlands Including Wind, Solar Energy Deals Updated On Fri, Jan 18th, 2019 by Saurenergy The CM said that Gujarat has provided a large market of global companies to invest through its business-friendly policies and rapid industrial growth. Gujarat Chief Minister Vijay Rupani welcomed the representatives of Netherlands on Friday and talked of fostering ties in the field of technology to realize the Kalpsar Yojana and development of Dholera SIR. He […] Read more
Gujarat Sets Sight for 30 GW Renewables in Next 10 Years Updated On Mon, Jan 14th, 2019 by Saurenergy The Gujarat government is planning a Rs 2,20,000 crore investment in the renewable energy sector to produce 30 GW of renewable energy during the next 10 years. By 2022, the state government aims to increase the generation of renewable energy to 53% of the total power production in the state, from a current 28% said […] Read more
Torrent Power Issues RfS for Purchase of Power of 300 MW from Solar Projects in Gujarat Updated On Mon, Jan 14th, 2019 by Saurenergy Torrent will sign power purchase agreement (PPA) with the successful bidders for a period of 25 years from the scheduled commercial operation date of the project. Torrent Power has issued a Request for Selection (RfS) for procurement of power through competitive bidding process followed by e-reverse auction up to 300 MW from grid-connected solar photovoltaic […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
Foreign Players Win Big in Gujarat Solar Park Auction Updated On Sat, Dec 22nd, 2018 by Saurenergy The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by […] Read more
