GUVNL awards 350 MW capacity in solar tender

Gujarat Urja Vikas Nigam Limited’s (GUVNL) has awarded 350 MW of solar capacity as part of its recently concluded tender. Vena Energy, Juniper Energy and Tata Power won the tender with 40 MW, 190 MW and 120 MW capacity at tariffs of Rs 2.61, Rs 2.63 and Rs 2.64 per unit, respectively. GUVNL had set a ceiling tariff of Rs 2.65 in the tender, conducted on March 16, 2020.

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