GUVNL invites bids for installation of 500 MW grid connected wind capacity

Gujarat Urja Vikas Nigam Limited (GUVNL) has launched a request for selection for the installation of 500 MW of grid-connected wind capacity and related transmission infrastructure across the state. Both domestic and foreign players can participate in the auction. However, the condition is that the foreign players would have to constitute a special purpose vehicle for implementing the project. An additional 500 MW capacity may be offered to participants who are willing to sign PPAs with GUVNL at the lowest quoted tariff.