Regulatory Developments in Renewable Sector: May 16, 2025
GERC approves tariffs for 500 MW BESS under GUVNL’s Phase-IV tender The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs discovered through Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase-IV global bidding for standalone Battery Energy Storage Systems (BESS) with a capacity of 500 MW/1000 MWh. The procurement is aimed at meeting Gujarat’s Renewable Purchase Obligations (RPO) and Energy Storage Obligations (ESO) as mandated by the Ministry of Power. The petition was filed under Sections…