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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.
April 24, 2025. By Mrinmoy Dey

Gujarat Urja Vikas Nigam’s (GUVNL) auction (Phase IX) for 250 MW grid-connected wind power projects has discovered an L1 (lowest bid) tariff of INR 3.64/kWh.
KPI Green Energy has secured 100 MW by quoting a tariff of INR 3.64/kWh.
Juniper Green Energy and JGRJ Four Renewable (Jakson Green) won 50 MW each at a tariff of INR 3.65/kWh and INR 3.66/kWh, respectively.
Inox Neo Energies (Inox Clean Energy) has bagged 50 MW out of the quoted 100 MW, under the bucket-filling method. The company quoted a tariff of INR 3.66/kWh.
The tender for this was floated in January 2025.
Successful bidders need to set up wind power project(s) including the transmission network for connecting the project with CTU / STU Network. The bidders will be entirely responsible for acquiring the land required for setting up the project.
In order to ensure that quality systems are installed, the type certified wind turbine models listed in Revised List of Models and Manufacturers (RLMM) of wind turbines prepared by MNRE will only be allowed.
Only commercially established and operational technologies can be used to minimise the technology risk and to achieve the timely commissioning of the projects.
KPI Green Energy has secured 100 MW by quoting a tariff of INR 3.64/kWh.
Juniper Green Energy and JGRJ Four Renewable (Jakson Green) won 50 MW each at a tariff of INR 3.65/kWh and INR 3.66/kWh, respectively.
Inox Neo Energies (Inox Clean Energy) has bagged 50 MW out of the quoted 100 MW, under the bucket-filling method. The company quoted a tariff of INR 3.66/kWh.
The tender for this was floated in January 2025.
Successful bidders need to set up wind power project(s) including the transmission network for connecting the project with CTU / STU Network. The bidders will be entirely responsible for acquiring the land required for setting up the project.
In order to ensure that quality systems are installed, the type certified wind turbine models listed in Revised List of Models and Manufacturers (RLMM) of wind turbines prepared by MNRE will only be allowed.
Only commercially established and operational technologies can be used to minimise the technology risk and to achieve the timely commissioning of the projects.
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