TAG: "Gujarat Urja Vikas Nigam Ltd"

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KPI Green Energy, Juniper, Jakson and Inox Win GUVNL’s 250 MW Wind Power Auction

Gujarat Urja Vikas Nigam Ltd’s (GUVNL) Phase IX auction for 250 MW of grid-connected wind projects has concluded with a lowest discovered tariff of INR 3.64/kWh. KPI Green Energy, Juniper Green Energy, JGRJ Four Renewable (Jakson Green) and Inox Neo Energies (Inox Clean Energy) have emerged as winners.

Gujarat Urja Vikas Nigam Ltd | April 24, 2025 | By Mrinmoy Dey |  1221

Solarworld Energy Solutions and HG Infra Engineering Win GUVNL’s 500 MW/1,000 MWh BESS Auction

Gujarat Urja Vikas Nigam’s (GUVNL) 500 MW/1,000 MWh standalone BESS auction has discovered a record-low L1 tariff of INR 2.80 lakh/MW/month, about 25 percent lower than its previous low of INR 3.72 lakh/MW/month for projects without VGF. Solarworld Energy Solutions and H.G. Infra Engineering emerged as winners.

Gujarat Urja Vikas Nigam Ltd | April 22, 2025 | By Mrinmoy Dey |  567

INA Solar Secures INR 733.04 Cr Order from KPI Green Energy for Supply of Solar PV Modules

Insolation Energy’s (INA Solar) subsidiary, Insolation Green Energy, has secured its largest-ever single sale order worth INR 733.04 crore from KPI Green Energy for the supply of N-type bifacial (G to G) solar PV modules.

Gujarat Urja Vikas Nigam Ltd | March 19, 2025 | By Mrinmoy Dey |  393

CERC Rejects SECI's Proposed Tariff for BESS Project Due to Delays and Market Price Shifts

CERC rejected SECI's tariff proposal for the Gujarat BESS project, citing delays in agreements and falling battery prices, which misaligned the tariff with current market conditions. The Commission emphasised the importance of adhering to timelines and ensuring fair pricing.

Gujarat Urja Vikas Nigam Ltd | January 05, 2025 | By EI News Network |  1450

Prozeal, Ausom, Kintech, Enertech, SBB Mouldings, Drashta and SAEL Win GUVNL’s 500 MW Solar Auction

Prozeal Green Energy, Ausom Enterprise, Kintech Synergy, Enertech Fuel Solutions, S.B.B. Moulding, Drashta Green Power and SAEL Industries have emerged as winners in Gujarat Urja Vikas Nigam Ltd.’s Phase XXV auction for 500 MW of grid-connected solar projects, with an additional 500 MW greenshoe option.

Gujarat Urja Vikas Nigam Ltd | December 19, 2024 | By Mrinmoy Dey |  886

HG Infra, Bhilwara Energy, Kintech Synergy and Advait Infratech Win GUVNL’s 500 MW/1000 MWh BESS Auction

HG Infra Engineering, Bhilwara Energy, Kintech Synergy, and Advait Infratech have secured contracts in GUVNL’s 500 MW/1000 MWh BESS auction, which achieved an L1 tariff of INR 2.259 lakh per MW per month.

Gujarat Urja Vikas Nigam Ltd | November 30, 2024 | By Mrinmoy Dey |  1408

HG Infra Secures 250 MW/500 MWh Standalone BESS Project from GUVNL

HG Infra Engineering has secured a 250 MW/500 MWh battery energy storage project in Gujarat from Gujarat Urja Vikas Nigam Ltd. (GUVNL) under tariff-based global competitive bidding (Phase-IV) with Viability Gap Funding (VGF) support.

Gujarat Urja Vikas Nigam Ltd | November 30, 2024 | By Mrinmoy Dey |  1209

Gujarat Waives DCR for Solar Projects Up to 5 MW, Allows Procurement Without Competitive Bidding

Gujarat has introduced a policy allowing Gujarat Urja Vikas Nigam Ltd. (GUVNL) and Discoms to procure renewable power without competitive bidding from small-scale solar (up to 5 MW) and wind (under 10 MW) projects. It also makes domestic content requirement non mandatory.

Gujarat Urja Vikas Nigam Ltd | November 07, 2024 | By Mrinmoy Dey |  2796

KPI Green Energy Reports INR 69.8 Crore PAT, 101 Percent Growth in Q2 FY 2024-25

KPI Green Energy achieved INR 361.4 crore in revenue and INR 69.8 crore PAT, reflecting 101 percent growth in Q2 FY 2024-25, driven by strong performance and strategic initiatives.

Gujarat Urja Vikas Nigam Ltd | November 07, 2024 | By EI News Network |  1523

KP Energy Receives Orders for 1003.7 MW Wind-Solar Hybrid and Solar Projects

KP Energy has received 1003.7 MW of wind-solar hybrid and solar projects from its group company KPI Green Energy. The projects were won by KPI Green Energy from Gujarat Urja Vikas Nigam Limited (GUVNL) under various tenders.

Gujarat Urja Vikas Nigam Ltd | November 05, 2024 | By Mrinmoy Dey |  1176

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