NHPC Limited and Gujarat Urja Vikas Nigam Limited (GUVNL) have signed two Power Purchase Agreements (PPAs) for the supply of electricity from the 1,856 MW Sawalkot Hydro Electric Project in the Union Territory of Jammu & Kashmir and the 1,720 MW Kamala Hydro Electric Project in Arunachal Pradesh. The agreements were signed in Vadodara on…
Gujarat Urja Vikas Nigam Limited (GUVNL) and its four subsidiary distribution companies have petitioned the Gujarat Electricity Regulatory Commission (GERC) seeking revision of their Renewable Power Purchase Obligation (RPPO) targets for FY 2024-25, relaxation of the Energy Storage Obligation (ESO), and waiver of penalties for the reported shortfall. The petition states that GUVNL, Madhya Gujarat…
Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has informed the stock exchanges that its wholly owned subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a standalone Battery Energy Storage System (BESS) project with a capacity of 150…
The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam Limited’s (GUVNL) petition for procurement of 500 MW of Firm and Dispatchable Renewable Energy (FDRE) integrated with Energy Storage Systems (ESS), along with a greenshoe option for an additional 500 MW. The order, issued on May 8, 2026 in Petition No. 2098 of…
Tata Power has resumed operations at its Mundra thermal power plant, restoring the full installed capacity of 4,150 MW, the company informed stock exchanges. The plant had been under temporary suspension. The resumption follows the formal execution of a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL), as reported earlier by…
Tata Power has formally executed a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for its 4 GW Mundra thermal power plant, filing a disclosure with BSE and NSE this morning under Regulation 30 of the SEBI (LODR) Regulations, 2015. The filing confirms that identical agreements are now set to be…
KPI Green Energy Limited has energised an additional 376 megawatt-peak (MWp) of capacity across two Gujarat projects, taking its total operational Independent Power Producer (IPP) portfolio to 965 MWp, the company disclosed in a regulatory filing to stock exchanges on Monday. The latest addition comprises approximately 182 MWp of solar capacity under the Gujarat Urja…
ENGIE India has signed a Power Purchase Agreement for its first standalone battery energy storage system project in India, a 280 MW / 560 MWh facility with Gujarat Urja Vikas Nigam Ltd. (GUVNL) as the offtaker. The project marks a notable step in India’s grid storage buildout, where large-scale BESS is increasingly being positioned as…
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…
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…