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Juniper Green, Jakson Green, and RIH Renewables win 200 MW GUVNL wind project auction under Phase VIII

India, News

Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have won Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 200 MW of grid-connected wind power projects in India under Phase VIII. Originally launched in July 2024 for 500 MW, GUVNL later reduced the auction capacity to 200 MW. Juniper Green secured 50 MW at a tariff of Rs 3.56 per kWh, RIH Renewables won 40 MW at Rs 3.59 per kWh, and Jakson…

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GUVNL issues tender for 200 MW BESS in Gujarat

India, News

The Gujarat Urja Vikas Nigam (GUVNL) has announced a tender to develop a 200 MW/1600 MWh standalone battery energy storage system (BESS) in Gujarat.  The developer selection will occur through a tariff-based competitive bidding process (Phase-V).  The BESS will have a daily capacity of 1600 MWh. It will draw power from the Gujarat Energy Transmission Corporation (GETCO) network for charging and inject power back into the network as directed by the State Load Dispatch Centre…

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JSW signs PPA with GUVNL for wind-solar hybrid project

India, News

JSW Renew Energy Seventeen, a subsidiary of JSW Energy, has entered into a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 192 MW wind-solar hybrid capacity connected to the state transmission utility (STU) in Gujarat. This is the company’s first PPA for a wind-solar hybrid project, with the power set to be supplied for 25 years at a tariff of Rs 3.27 per kWh. The project is scheduled for commissioning…

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KPI Green signs PPAs with GUVNL for renewable energy projects

India, News

KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects.  The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a 370 MWAC (642 MWDC) grid-connected…

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GUVNL announces green financing fund for renewable energy projects

India, News

Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a green financing fund in partnership with sovereign wealth funds, green funds, and multilateral agencies, as announced at the 4th Global Renewable Energy Investors Meet and Expo (RE-INVEST). The fund will provide direct financial resources to developers winning GUVNL’s renewable energy bids. This initiative follows a roundtable on ‘Climate Finance Opportunities for Gujarat,’ chaired by Kanubhai Desai, Gujarat’s Minister of Finance, Energy, and Petrochemicals, who emphasized the…

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GUVNL issues tender for 400 MW battery energy storage system

India, News

Gujarat Urja Vikas Nigam (GUVNL) has issued a tender for the establishment of a 400 MW/800 MWh standalone battery energy storage system (BESS), with an additional greenshoe option for the same capacity. The deadline for bid submissions is October 16, 2024. The tender scope includes the setup of the BESS and its interconnection with the state transmission network. The primary goal is to ensure that the energy storage facility can be charged and discharged by…

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SJVN Green invites bids for up to 100 MW wind projects in Gujarat

India, News

SJVN Green Energy has opened bids for developing up to 100 MW of wind power projects in Gujarat, connected to GETCO, with a 10-year operations and maintenance (O&M) contract. The deadline for bid submission is November 20, 2024.  The project scope includes land acquisition, design, procurement, construction, and power evacuation up to the grid substation.  In October 2024, SJVN Green Energy also issued tenders for 200 MW of solar PV projects under GUVNL Phase XXII…

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India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments

India, News

In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW.  Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW.  Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables.  NTPC launched a 1,200 MW wind-solar hybrid tender with…

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K.P. Energy secures 1,003.7 MW EPC orders from KPI Green

India, News

K.P. Energy, based in Gujarat, has secured engineering, procurement, and construction (EPC) contracts totalling 1,003.7 MW from its parent company, KPI Green Energy.  The projects include an 86.8 MW hybrid plant (70 MW solar and 16.8 MW wind), a 641.9 MW hybrid plant (518 MW solar and 123.9 MW wind), and a 275 MW solar plant.  These projects were awarded to KPI Green Energy through various tenders by Gujarat Urja Vikas Nigam Ltd (GUVNL).  K.P….

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SJVN invites bids for 700 MW solar projects in Gujarat

India, News

SJVN Green Energy has issued a tender for the design, engineering, supply, erection, testing, and commissioning of solar projects with a cumulative capacity of 700 MW (100 MWx7 plots) at the Khavda Renewable Energy Park in Gujarat. The bid submission deadline is set for November 19, 2024, with bids to open the same day. The projects are divided into two phases: Phase 1: 500 MW under Gujarat Urja Vikas Nigam (GUVNL) Phase-XXI, comprising five plots…