GUVNL allocates 250 MW solar at INR 2.60/kWh

GUVNL allocates 250 MW solar at INR 2.60/kWh Avaada Energy, SAEL, and Welspun Renewable Energy have won Gujarat Urja Vikas Nigam’s /GUVNL) 250 MW solar tender, with an option to expand by another 250 MW. March 7, 2025 Uma Gupta Markets Markets & Policy Asia India Image: Avaada Energy Share From pv magazine India India's GUVNL has awarded 250 MW of grid-connected solar capacity to three bidders at a price of INR 2.60 ($0.030)/kWh. Avaada Energy and SAEL won 100 MW each. Welspun Renewable Energy secured 50 MW. GUVNL launched the 250 MW solar tender with an option for another 250 MW in January. The winning developers can set up projects anywhere in India, on a build-own-operate basis, to supply power to GUVNL. GUVNL will sign 25-year power purchase agreements (PPAs) with the developers. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. Sungrow unveils 5 kWh home battery system 05 March 2025 Sungrow’s new residential battery energy storage system features a compact 182 mm design and is capable of handling a maximum charge/discharge current...