Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded its 335 MW/670 MWh standalone battery energy storage system (BESS) tender to three bidders. Advait Energy Transitions Limited secured 150 MW at the L1 tariff of Rs 2.10 lakh per MW per month. Equentia Natural Resources Pte Ltd was awarded 65 MW at Rs 2.12 lakh per MW per month, while Sundrops Energia, a subsidiary of the KP Group, received 445 MW at Rs 2.12 lakh per…
H.G. Choraniya Bess, a subsidiary of HG Infra Engineering, has signed a battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a 300 MW/600 MWh BESS project. The company secured this capacity in GUVNL’s Phase VI auction for 500 MW/1,000 MWh of BESS held in April 2025. The project will be executed on a build own operate basis. The project is expected to be completed within 24 months. The estimated cost is…
Oriano Clean Energy Private Limited has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited for a 57 MW solar project awarded under the GUVNL 500 MW Solar Phase XXVII tender. The company stated that the project will be commissioned within 24 months. Oriano noted that the execution timeline offers a clear delivery window and supports its focus on building utility scale projects on schedule. The agreement also reflects the company’s shift from…
Gujarat Urja Vikas Nigam Limited has released a tender to source power from 625 MW of grid connected solar projects located anywhere in India. The notice includes a greenshoe option for another 625 MW, bringing potential procurement to 1,250 MW. The Phase XXVIII tender is open to projects that are under construction, recently commissioned or already operating without a long term PPA. These projects cannot be tied to any other state or central scheme. The…
Gujarat Urja Vikas Nigam Ltd has closed its Phase VII tender for 4 GWh of battery storage capacity. The process covered 2 GW with two hours of storage and led to tariffs between Rs 1.85 lakh and Rs 1.89 lakh per MW per month. The auction’s lowest tariff was Rs 1.8539 lakh per MW per month, quoted by Sun Drops Energia, also known as KP Green. The highest winning tariff was Rs 1.89 lakh per…
Juniper Green Bess Two Private Limited, a subsidiary of Juniper Green Energy, has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Gujarat. The agreement was signed on July 18. The company plans to begin supplying power from this project in July 2027. In addition, it received a letter of intent from GUVNL on July 14 for the development of a 50 MW wind…
ACME Pokhran Solar Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, commissioned 26.4 MW capacity under Phase-I of its 50 MW wind power project in Shapar, Gujarat. The commissioning took place on May 25, 2025. The project is part of the Gujarat Grid-Connected Wind Power Project (Phase III) awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). ACME Solar secured the 50 MW capacity in July 2022 at a tariff of Rs 2.9…
Advait Energy and H.G. Infra Engineering have signed battery energy storage purchase agreements with Gujarat Urja Vikas Nigam Limited (GUVNL). The agreements cover standalone battery energy storage systems (BESS) backed by viability gap funding from the central government. These deals are part of GUVNL’s Phase IV tender, which targets 500 MW/1,000 MWh of BESS capacity. The Gujarat Electricity Regulatory Commission recently approved tariffs for the projects. Advait Energy will set up a 50 MW/100 MWh…
Four developers have won contracts to set up a total of 250 MW grid-connected wind power projects across India under Phase IX of Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was finalised on April 23, 2025. KPI Green Energy Limited secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy Private Limited won 50 MW at Rs 3.65 per kWh. JGRJ Four Renewable Private Limited (Jakson Green), a subsidiary of…
Solarworld Energy Solutions and H.G. Infra Engineering have emerged as winners in Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase VI auction for 500 MW/1,000 MWh of standalone battery energy storage systems (BESS). Solarworld secured 200 MW/400 MWh at a tariff of Rs 280,000 per MW per month. H.G. Infra won 300 MW/600 MWh at Rs 285,600 per MW per month. The auction was launched in January 2025. The tender is not covered under the central…