KPI Green Energy, SAEL Industries and NLC India Bags GUVNL’s 800 MW Khavda Solar Park Auction
The auction is named Phase XX and also comprises a greenshoe option for an additional 800 MW.
July 05, 2023. By EI News Network
The auction is named Phase XX and also comprises a greenshoe option for an additional 800 MW.
KPI Energy bagged 100 MW by quoting a tariff of INR 2.70/kWh, whereas SAEL Industries and NLC India procured 400 MW and 300 MW, respectively, by quoting a tariff of INR 2.71/kWh each.
The tender for Phase XX was introduced in May 2023. GUVNL will ink a power purchase agreement with the successful bidders for a tenure of 25 years, beginning from the slated commercial operation date of the project.
The projects are needed to supply energy at the Gujarat Energy Transmission Corporation (GETCO) periphery, with the successful bidders accountable for procuring grid linkage with GETCO or the central transmission utility.
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