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SJVN invites bids for 700 MW solar projects in Gujarat

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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…

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GUVNL issues tender for 200 MW BESS in Gujarat

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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

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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

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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

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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…