Three firms secure bids for solar projects under GUVNL Phase XXVI
Three firms have won bids to develop a cumulative 250 MW grid-connected solar photovoltaic (PV) power projects without energy storage system (ESS) anywhere in India. The bids were awarded under Phase XXVI of Gujarat Urja Vikas Nigam Limited (GUVNL) on March 6, 2025. Avaada Energy Private Limited (Avaada Power Private Limited) secured a 100 MW capacity at a tariff of Rs 2.6 per kWh. Welspun New Energy Limited, a wholly-owned subsidiary of Welspun Energy Limited…