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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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NTPC REL Operationalize 150 MW Gujarat Solar Project

NTPC Renewable Energy Limited (NTPC REL) a wholly owned subsidiary of NTPC Green Energy Limited has successfully declared the commercial operation of the final 60 MW capacity of its 150 MW Gujarat Solar PV Project, marking the full commissioning of the project in Limbdi, Gujarat. This solar venture was awarded under the GUVNL 500 MW […]

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Unravelling The Mess At Gensol-Speed Essential

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 […]

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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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ONGPL Completes 100% Acquisition Of Ayana Renewable

ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025, a media statement from the venture said today. Ayana, a renewable energy platform, has a capacity of […]

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MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project

The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […]

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Insolation Green Secures Rs. 733.04 Cr Supply Order From KPI Green

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 […]

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Will Gensol Be Able To Drive Out of Latest Crisis?

A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […]

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