guvnl

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GERC Asks Wind Developer to Share All Carbon Credit Benefits with Utility

The Gujarat Electricity Regulatory Commission (GERC) has ruled that wind power developers must share benefits from the sale of all types of carbon credits with Gujarat...

September 16, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Gujarat Invites Bids for 400 MW/800 MWh Standalone BESS

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up a 400 MW/800 MWh standalone battery energy storage system (BESS) with an additional green shoe option of...

September 2, 2024

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Staff

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Energy Storage

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Tenders & Auctions
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GUVNL Issues Tender to Procure 500 MW of Solar Power with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to purchase power from 500 MW of grid-connected solar power projects (Phase XXV) to be set up anywhere in India, with a...

August 21, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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BluPine Secures ₹4.36 Billion for a 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

July 22, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Solar Sector’s Budget 2024 Wishlist

With India’s aggressive clean energy push likely to sustain the momentum it has seen in recent years, all eyes are on the Union Budget 2024 to be presented by Finance...

July 22, 2024

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Mercom Staff

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Daily Wrap-up
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GUVNL Invites Bids to Procure Power from 500 MW Wind Projects

Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection (RfS) from developers to purchase power from 500 MW grid-connected wind power projects in India...

July 19, 2024

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Staff

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Tenders and Auctions

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Wind
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Gujarat Commission Adopts Tariffs for 200 MW Wind-Solar Hybrid Projects

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariffs discovered under the competitive bidding process conducted by Gujarat Urja Vikas Nigam...

July 3, 2024

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Arjun Joshi

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Markets & Policy

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Solar

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Wind
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Gujarat Regulator Approves Tariffs for 1.1 GW Projects at Khavda Solar Park

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariffs discovered under the competitive bidding process conducted by Gujarat Urja Vikas Nigam...

June 19, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: DERC Issues Draft RPO Regulations

The Delhi Electricity Regulatory Commission (DERC) has issued the draft DERC (Renewable Purchase Obligation And Renewable Energy Certificate Framework Implementation)...

June 13, 2024

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Staff

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Daily Wrap-up
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Gensol Wins GUVNL’s 500 MWh BESS Auction at a Record-Low Tariff

Gensol Engineering won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat...

June 12, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Winners of GUVNL’s 500 MW Phase XXIV Solar Auction

KPI Green Energy, Avaada Energy, Solarcraft Power India 5 (BluPine Energy), NRC Industries, and Hinduja Renewables were declared winners in Gujarat Urja Vikas Nigam’s...

June 11, 2024

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Mercom Staff

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Daily Wrap-up
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KPI Green, Avaada, BluPine, NRC and Hinduja Win GUVNL’s 500 MW Solar Auction

KPI Green Energy, Avaada Energy, Solarcraft Power India 5 (BluPine Energy), NRC Industries, and  Hinduja Renewables were declared winners in Gujarat Urja Vikas Nigam’s...

June 10, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: India Adds 1.8 of Solar Open Access Capacity in Q1

India added over 1.8 GW of solar open access capacity in the first quarter of the calendar year 2024, a nearly 152% increase year-over-year compared to 722 MW, according...

June 7, 2024

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Mercom Staff

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Daily Wrap-up
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KPI Green, Juniper, Hinduja, JSW Win GUVNL’s 500 MW Wind-Solar Hybrid Auction

KPI Green Energy, Juniper Green Energy, Hinduja Renewables Energy, and JSW Neo Energy (JSW Energy) were declared winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to...

June 6, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions

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Wind

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