Daily News Wrap-Up: GUVNL’s 1,125 MW Solar Auction Winners Revealed

Maharashtra floats tender for 49 MW solar power under KUSUM

March 5, 2024


Solairedirect (ENGIE), NHPC, JSW Neo Energy, SJVN, and NTPC Renewable Energy have been declared winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 1,125 MW grid-connected solar projects to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda (GSECL Stage-3). Solairedirect secured 200 MW at a quoted tariff of ₹2.62 (~$0.031), while NHPC and SJVN obtained the same capacity each at ₹2.66 (~$0.032).

MSEB Solar Agro Power, a wholly owned subsidiary of Maharashtra State Electricity Board (MSEB Holding Company), has invited bids to procure 49 MW of solar power under Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program for feeder-level polarization. The last date for the submission of bids is March 5, 2024. Bids will be opened on the same day. The projects will be developed under Phase 2 of the Mukhyamantri Saur Krushi Vahini Yojana program.

A group of U.S. senators has asked Treasury Secretary Janet Yellen to ensure that domestic production of wafers and polysilicon used in the manufacturing of solar modules is appropriately incentivized. In a letter, the 12-member group of Democrat senators said the goal of the domestic content bonus tax credit for clean energy under the Inflation Reduction Act was to onshore the energy supply chains in their entirety. The domestic content incentive provides an additional bonus credit to clean energy installers and developers who use goods made in the U.S.

India-based solar energy developer and EPC company U-Solar Clean Energy Solutions has partnered with Ryse Energy, a distributor of renewable energy solutions specializing in wind turbines, to implement hybrid renewable energy systems off the coast of Jaffna in Sri Lanka. The project encompasses a combination of solar and wind energy, integrating 530 kW of wind power, 1,700 kW of solar power, 2,400 kWh of battery power, and a 2,500 kW standby diesel power system across the islands of Delft, Nainativu, and Analaitivu.

The Surat Municipal Corporation invited bids to provide, install, and activate a 6.3 MW maximum capacity wind power project, including all associated accessories, power evacuation facilities, and operation and maintenance for a duration of up to 10 years. The last date for the submission of bids is March 14, 2024. Bids will be opened the next day. Bidders have to submit ₹21,240 (~$256) as the document fee and ₹6.88 million (~$82,970) as the earnest money deposit. The project has to be commissioned within 12 months from the award of the contract.

Gurgaon-based BluPine Energy has expanded its renewable energy portfolio by acquiring 369 MW of solar power assets from the ACME Group. The deal covers 14 special-purpose vehicle solar projects located across Uttarakhand, Punjab, and Karnataka. With this acquisition, BluPine’s total renewable capacity has grown to 2.4 GW. “Integrating these high-quality solar assets into our portfolio further solidifies our commitment to driving positive change in India’s energy sector,” said Neerav Nanavaty, CEO of BluPine Energy.

The National Forensic Sciences University, Gandhinagar, Gujarat, has invited expressions of interest to set up 1 MW grid-connected rooftop solar projects on its campus buildings. The scope of work includes supply, installation, testing, and commissioning using bifacial crystalline solar cells manufactured in India. Data monitoring and surge protection systems must also be installed. The rooftop solar projects will have to be installed on nine buildings, spanning a cumulative area of 10,910 square meters. Bids must be submitted by March 7, 2024.