Gujarat’s decision to offer zero subsidy for smaller solar projects sees an exodus

Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2,605 applications from aspiring solar developers to exit their project commitments, after the utility offered a one-time exit option to developers from the signed power purchase agreements (PPA). This development follows the decision by the state government to offer zero subsidies for these smaller projects, at a […]

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SJVN wins auction for 200 MW solar projects in Bihar

SJVN Limited, a joint venture between the union government and the Himachal Pradesh government, has claimed a 200 megawatts (MW) grid-connected solar photovoltaic project in Bihar in an auction held recently by Bihar Renewable Energy Development Agency (BREDA) through the open competitive tariff bidding process. The 200 MW of solar capacity won by SJVN is […]

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Gujarat’s renewable energy capacity slated to touch 38,466 megawatts (MW) by 2025

India’s western state Gujarat has been making rapid inroads into the renewable energy (RE) sector with a slew of mega green energy projects. The state’s mega-projects not only pertains to electricity generation but also to equipment manufacturing and they are backed by policy initiatives and strong investor support. According to the state government’s estimates, the renewable power […]

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Coal India Ltd testing green energy; ventures into solar power off blocks in hunt for green energy

Having bagged an initial 100-MW solar power project in Gujarat, Coal India Ltd. aims to build a 3,000-MW portfolio as part of its agenda to turn carbon-neutral by 2024. The power purchase agreement (PPA) signed recently between the Coal India Ltd (CIL) and Gujarat Urja Vikash Nigam Ltd (GUVNL) for supply of solar power to Gujarat, though small in size, […]

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Gujarat’s power distribution companies sign pacts for 3,979 Solar Projects

In an effort to give a fillip to Gujarat’s efforts to promote renewable energy uptake, the four power distribution companies (discoms) associated with the state-run Gujarat Urja Vikas Nigam Limited (GUVNL) have signed power purchase agreements (PPAs) for 3,979 small scale solar power projects. These small-scale distributed solar projects with a cumulative power generation capacity of about 2,500 megawatts (MW) […]

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Gujarat seeks to re-tender 700 MW solar projects for lower tariffs, despite being auctioned once

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Now that solar power tariffs have reached a record low of Rs 1.99 per unit, Gujarat will conduct another auction for 700 mega-watt (MW) of solar power plants to be built in Dholera. These projects had already been auctioned earlier with higher tariffs. In the earlier auction completed in August, 2020, the lowest tariff discovered […]

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