TAG: "Gujarat Urja Vikas Nigam Ltd"

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CERC Rejects SECI's Proposed Tariff for BESS Project Due to Delays and Market Price Shifts

CERC rejected SECI's tariff proposal for the Gujarat BESS project, citing delays in agreements and falling battery prices, which misaligned the tariff with current market conditions. The Commission emphasised the importance of adhering to timelines and ensuring fair pricing.

Gujarat Urja Vikas Nigam Ltd | January 05, 2025 | By EI News Network | 902

Prozeal, Ausom, Kintech, Enertech, SBB Mouldings, Drashta and SAEL Win GUVNL’s 500 MW Solar Auction

Prozeal Green Energy, Ausom Enterprise, Kintech Synergy, Enertech Fuel Solutions, S.B.B. Moulding, Drashta Green Power and SAEL Industries have emerged as winners in Gujarat Urja Vikas Nigam Ltd.’s Phase XXV auction for 500 MW of grid-connected solar projects, with an additional 500 MW greenshoe option.

Gujarat Urja Vikas Nigam Ltd | December 19, 2024 | By Mrinmoy Dey | 603

HG Infra, Bhilwara Energy, Kintech Synergy and Advait Infratech Win GUVNL’s 500 MW/1000 MWh BESS Auction

HG Infra Engineering, Bhilwara Energy, Kintech Synergy, and Advait Infratech have secured contracts in GUVNL’s 500 MW/1000 MWh BESS auction, which achieved an L1 tariff of INR 2.259 lakh per MW per month.

Gujarat Urja Vikas Nigam Ltd | November 30, 2024 | By Mrinmoy Dey | 1042

HG Infra Secures 250 MW/500 MWh Standalone BESS Project from GUVNL

HG Infra Engineering has secured a 250 MW/500 MWh battery energy storage project in Gujarat from Gujarat Urja Vikas Nigam Ltd. (GUVNL) under tariff-based global competitive bidding (Phase-IV) with Viability Gap Funding (VGF) support.

Gujarat Urja Vikas Nigam Ltd | November 30, 2024 | By Mrinmoy Dey | 879

Gujarat Waives DCR for Solar Projects Up to 5 MW, Allows Procurement Without Competitive Bidding

Gujarat has introduced a policy allowing Gujarat Urja Vikas Nigam Ltd. (GUVNL) and Discoms to procure renewable power without competitive bidding from small-scale solar (up to 5 MW) and wind (under 10 MW) projects. It also makes domestic content requirement non mandatory.

Gujarat Urja Vikas Nigam Ltd | November 07, 2024 | By Mrinmoy Dey | 1618

KPI Green Energy Reports INR 69.8 Crore PAT, 101 Percent Growth in Q2 FY 2024-25

KPI Green Energy achieved INR 361.4 crore in revenue and INR 69.8 crore PAT, reflecting 101 percent growth in Q2 FY 2024-25, driven by strong performance and strategic initiatives.

Gujarat Urja Vikas Nigam Ltd | November 07, 2024 | By EI News Network | 1081

KP Energy Receives Orders for 1003.7 MW Wind-Solar Hybrid and Solar Projects

KP Energy has received 1003.7 MW of wind-solar hybrid and solar projects from its group company KPI Green Energy. The projects were won by KPI Green Energy from Gujarat Urja Vikas Nigam Limited (GUVNL) under various tenders.

Gujarat Urja Vikas Nigam Ltd | November 05, 2024 | By Mrinmoy Dey | 855

GUVNL Issues Draft Tender for Long Duration 200 MW/1600 MWh BESS in Gujarat

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has released a draft for a tender to set up long duration 200 MW/1600 MWh standalone battery energy storage systems in Gujarat under TBCB on a BOO model. The last date for sending comments and suggestions is November 10, 2024.

Gujarat Urja Vikas Nigam Ltd | October 21, 2024 | By Mrinmoy Dey | 739

JSW Energy Signs PPA with GUVNL for 192 MW Wind-Solar Hybrid Capacity

JSW Renew Energy Seventeen, a subsidiary of JSW Energy, has signed a PPA with GUVNL for STU-connected 192 MW wind-solar hybrid capacity for 25 years at a tariff of INR 3.27/kWh.

Gujarat Urja Vikas Nigam Ltd | October 17, 2024 | By Mrinmoy Dey | 1209

KPI Green Energy Signs PPAs for 620 MW RE Projects with GUVNL

KPI Green Energy has signed two power purchase agreements with Gujarat Urja Vikas Nigam (GUVNL) for 620 MW AC (917 MW DC) renewable energy projects, including a 250 MW solar project and a 370 MW hybrid renewable energy project.

Gujarat Urja Vikas Nigam Ltd | October 16, 2024 | By Mrinmoy Dey | 708