upcl

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).

Delays in solar PPA signing combined with a petition from developers has led to significant project commissioning deadline extensions in the Indian state of Uttarakhand, according to consultancy firm Mercom Capital Group.