GUVNL

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Advait Energy and H.G. Infra sign BESS deals with GUVNL
By May 29, 2025May 29, 2025

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…

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Four firms win bids for 250 MW wind projects under GUVNL Phase-IX
By April 25, 2025April 25, 2025

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…

Read More Four firms win bids for 250 MW wind projects under GUVNL Phase-IX
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Solarworld and H.G. Infra win 1,000 MWh BESS tender from GUVNL
By April 24, 2025April 24, 2025

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…

Read More Solarworld and H.G. Infra win 1,000 MWh BESS tender from GUVNL
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NTPC begins commercial operations of 25 MW in Gujarat Solar project
By January 21, 2025January 21, 2025

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025. NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI project in December 2020 at a tariff of Rs 1.99 per kWh. The project, part of GUVNL-I, involves the development of 200 MW grid-connected solar photovoltaic power projects in Gujarat. GUVNL has signed…

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Seven firms win bids for 500 MW solar projects under GUVNL Phase XXV
By December 19, 2024December 19, 2024

On December 19, 2024, Gujarat Urja Vikas Nigam Limited (GUVNL) announced the winners of its 500 MW Solar Photovoltaic (PV) Power Projects under Phase XXV without energy storage systems (ESS). The successful bidders are: Drashta Green Power Limited: 10 MW at Rs 2.55 per kWh S.B.B. Mouldings Private Limited: 10 MW at Rs 2.55 per kWh Enertech Fuel Solutions Private Limited: 40 MW at Rs 2.55 per kWh Kintech Synergy Private Limited: 50 MW at…

Read More Seven firms win bids for 500 MW solar projects under GUVNL Phase XXV
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GUVNL concludes 500 MW BESS and 200 MW wind power auctions
By December 3, 2024December 3, 2024

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction under Phase IV. H.G Infra Engineering secured 250 MW at Rs 225,985/MW/month, while Advait Infratech won 50 MW at Rs 226,000/MW/month. Kintech Synergy and Bhilwara Energy were awarded 100 MW each, quoting tariffs of Rs 225,985/MW/month and Rs 225,993/MW/month, respectively. The tender, initially floated in October 2024 for 400 MW/800 MWh, was expanded…

Read More GUVNL concludes 500 MW BESS and 200 MW wind power auctions
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Advait Energy selected for 50 MW battery storage project in Gujarat
By December 3, 2024December 3, 2024

Advait Energy Transitions, formerly known as Advait Infratech, has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh standalone battery energy storage system in Gujarat. This project is part of GUVNL’s Phase-IV tariff-based global competitive bidding, supported by viability gap funding, aiming to enhance energy reliability and sustainability in the region. The project is expected to be completed within 18 months.

Read More Advait Energy selected for 50 MW battery storage project in Gujarat
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DVC signs PPAs with GUVNL to supply 559 MW of power
By November 21, 2024November 21, 2024

Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity. This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project in Jharkhand. The Durgapur project, situated in Bardhaman district, is an expansion of the retired Durgapur Steel Thermal Power Project. …

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JSW signs PPA with GUVNL for wind-solar hybrid project
By October 18, 2024October 18, 2024

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
By October 17, 2024October 17, 2024

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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