Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India have won the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to supply power from 300 MW of grid-connected wind projects (Phase-IV) with an additional 300 MW greenshoe option.
Juniper Green Energy was awarded 50 MW by quoting Rs 2.91 per kWh. EDF Renewables and ACME Pokharan Solar won 100 MW each by quoting Rs 3 per kWh and Rs 3.01 per kW. Under the bucket-filling method, Solarcraft Power India won 50 MW at Rs 3.01 per kWh out of a quoted capacity of 100 MW. GUVNL will enter into a power purchase agreement (PPA) with the successful bidders for a period of 25 years beginning with the project’s scheduled commercial operation date or full commissioning date, whichever comes first. The tender was issued in October 2022. The project will be designed for interconnection with the state transmission utility or central transmission utility substation through a dedicated transmission line to deliver energy at the Gujarat Energy Transmission Corporation Limited periphery.