Gujarat auctions 500MW of PV and tenders 175MW in solar parks

Facebook
Twitter
LinkedIn
Reddit
Email

Gujarat Urja Vikas Nigam Limited (GUVNL) has auctioned 500MW of grid-connected solar capacity with winning tariffs in the range of INR2.55-2.66/kWh (US$3.6-3.8 cents).

Paryapt Solar, a unit of UPC Solar, a firm that primarily develops renewables in North America, put in the lowest bid of 2.55 rupees per unit for 50MW of capacity.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The results of the auction were as follows:

Bidder Tariff (INR/kWh) Capacity (MW)
Paryapt Solar Energy 2.55 50
Gujarat State Electricity Corporation 2.67 75
Juniper Green Energy 2.67 120
Adani Renewable Energy Park 2.67 150
ReNew Solar Power 2.68 105 (bid for 250)

PV Tech yesterday reported results of a 1GW solar auction in the state of Maharashtra, which saw winning prices in the range of 2.74-2.75 rupees per unit.

175MW solar park tenders

Gujarat State Electricity (GSECL) has also released tenders for 175MW of PV in solar parks.

The scope of the work includes design, engineering, supply & procurement, construction, erection, testing, commissioning, operation & maintenance of a 75MW project at Dhuvaran and a 100MW at Raghanesda Ultra Mega Solar Park.

Read Next

June 17, 2025
Indian module manufacturer Ahaan Solar has started construction of a 2GW solar module assembly plant in Rohnat, Haryana.
June 16, 2025
The global solar tracker market expanded by 20% in 2024 to a record size, according to energy research firm Wood Mackenzie.
June 13, 2025
Indian solar developer Solarium Green Energy has planned to build a 1GW module manufacturing plant in the western Indian state of Gujarat.
Premium
June 12, 2025
PV Talk: Vinay Rustagi, director of Indian solar manufacturer Premier Energies, discusses the company’s upstream manufacturing plans and why he believes India can become a counterweight to Chinese PV hegemony.
June 12, 2025
Waaree Solar Americas will supply 599MW of solar modules supply agreement to an undisclosed US-based independent power producer (IPP).
June 12, 2025
Sustainable Energy for All (SEforALL), an independent organization, hosted by the United Nations Office for Project Services (UNOPS) has partnered with Indian government-owned electricity generator the National Thermal Power Corporation (NTPC).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand