Hydroelectric power generation company SJVN submitted a bid for the entire capacity, according to sources close to the development. The tar...

The other winners were Renew Power, which got 200MW at Rs 2.79 per unit, SVJN Limited which bagged 100MW at Rs 2.80 per unit and TEQ Power ...

Tata Power and state-owned Gujarat Industries Power Company Ltd (GIPCL) were the only bidders who bid for 250MW and 50MW respectively at a ...

This time, the discom reduced solar park charges by Rs 30 lakh per MW to bring down the tariffs by about 18 paise per unit.

The authorities in Gujarat felt preference should be given to projects auctioned by the state since the power too would be consumed by the ...

Gujarat Urja Vikas Nigam Ltd (GUVNL), which is conducting the auction, confirmed the development.

Orange Renewable and ReNew Power won 120 MW and 105 MW at Rs 2.67 and Rs 2.68 in the auction.

The impact of safeguard duty of 25% has not been factored into the tariff and will be added once the exact quantum of the impact is known.

GUVNL had earlier cancelled a 500 MW solar auction it held in March in which the lowest tariff was Rs 2.98 per unit.

The last auction conducted by GUVNL in September for 500 MW had seen a lowest winning tariff of Rs 2.44 per unit.

Safeguard duty of 25% on solar equipment from China and Malaysia came into effect from Monday. Around 90% of solar panels and modules used ...

Unhappy with the relatively high tariff, the Gujarat government cancelled the auction soon after and may reissue the tender.

In the absence of a reserve price, tariffs in the Gujarat auction rose around 13% from the previous auction in September.

In the last solar auction held by GUVNL in September 2017, also for 500 MW, winning tariffs had varied between Rs 2.65 and Rs 2.67 per unit.

The lowest bid, seeking 90 MW at Rs 2.65 per kwH, was made by GRT Jewellers India, a renowned name in the jewellery business.

Of the 130 MW on offer, 50 MW was won by Shapoorji Pallonji Infrastructure Capital and 60 MW by Mahindra Susten, both offering to sell elec...

With all bids quoting the same tariff, the winners were decided on the basis of the least subsidy — or viability gap funding.