Indian utility GUVNL announces 1.2GW of tenders for new Khavda solar projects in Gujarat

July 7, 2023
Facebook
Twitter
LinkedIn
Reddit
Email
The Khavda renewables plant is expected to have a total capacity of 30GW. Credit: NTPC

Indian electric utility Gujarat Urja Vikas Nigam (GUVNL) has announced that it is accepting bids for two 600MW solar projects to be built at the Khavda renewables park.

Bidders have just under a month to submit bids for their projects, with the utility announcing a deadline of 3 August this year for applications, and will have to pay nominal fees as part of the application process of INR325,000 (US$3,927), plus goods and services taxes.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The second 600MW facility is available via a “greenshoe” arrangement, where GUVNL plans to open bids for a single 600MW facility, but may open up access to a second facility, should there be significant demand for the first one.

The utility also announced that preference would be given to bids with a lower cost of producing electricity, and that successful bids would be eligible to sign a 25-year power purchase agreement (PPA) with GUVNL to sell power from their project, although this is not compulsory.

GUVNL regulates the power grid in the Indian state of Gujarat, where the Khavda park is being built, one of the world’s most ambitious clean energy projects. The project, first announced in 2019, is a 30GW solar and wind plant, at which the Indian government plans to finish construction work by 2026, and is a key component of India’s clean power goals.

India plans to increase the contribution of renewable power to its energy mix from 42.6% to 50% by 2030, and plans to meet its energy needs from domestic sources by 2047. Both plans, to decarbonise its energy mix and expand Indian domestic power production, will rely on projects such as the Khavda solar park, and by extension, the successful tendering of new projects within its boundaries.

Earlier this week, the Solar Energy Corporation of India announced plans to purchase 500MW of solar capacity, as stakeholders across the Indian solar sector look to expand their capacity.

Read Next

October 23, 2025
The average price of a solar PPA signed in Europe in Q3 2025 fell below €35/MWh, reaching €34.25/MWh, according to LevelTen Energy.
October 22, 2025
Recurrent Energy, Ampliform and Dimension Energy have announced new financing rounds this month for US solar projects.
October 22, 2025
Leeward Renewable Energy has started commercial operations at its 177MW Ridgely solar project in the US state of Tennessee.
October 22, 2025
Utility giant Engie has signed a 15-year renewable energy power purchase agreement (PPA) with tech giant Apple in Italy.
October 21, 2025
Cypress Creek Renewables has achieved financial close on its 75MW Sundance solar-plus-storage project in Elbert County, Colorado.
October 20, 2025
Independent power producer (IPP) Atlas Renewable Energy has secured up to US$475 million in financing for a 357MW solar-plus-storage project in Chile.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal