GUVNL awards 306 MW wind capacity at lower tariffs
Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded 306 MW of wind power capacity to four developers, finalising a competitive tender process initiated in September 2025. The tariffs discovered in this auction are notably lower than those in the utility’s previous wind procurement round. The allocation followed a three-month evaluation period for GUVNL’s 250 MW wind tender, which included a greenshoe option allowing for additional capacity. All projects must maintain a minimum capacity utilisation factor…