Gujarat Urja Vikas Nigam (GUVNL) has awarded 250MW of solar out of a 1GW tender at the Dholera Solar Park.
The ceiling price was set at INR2.75/kWh and the L1 price for the auction ended at the same level with two companies submitting such bids.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
- 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
The winners were as follows:
| Bidder | Capacity (MW) | Tariff (INR/kWh) |
|---|---|---|
| Gujarat Industries Power Company (GIPCL) | 50 | 2.75 |
| Tata Power Renewable Energy (TPREL) | 200 (bid for 250) | 2.75 |
The tender had gone through multiple delays and its final L1 bids were 10 paise higher than last week's solar auction for the Raghanesda Solar Park, also in Gujarat, which drew lowest bids of between 2.65-2.70 rupees. Both Tata and GIPCL won 100MW each in that auction as well.
