Avaada Energy, SAEL, and Welspun Renewable Energy have won Gujarat Urja Vikas Nigams /GUVNL) 250 MW solar tender, with an option to expand by another 250 MW.
March 7, 2025
Uma Gupta
Image: Avaada Energy
From pv magazine India
India’s GUVNL has awarded 250 MW of grid-connected solar capacity to three bidders at a price of INR 2.60 ($0.030)/kWh.
Avaada Energy and SAEL won 100 MW each. Welspun Renewable Energy secured 50 MW.
GUVNL launched the 250 MW solar tender with an option for another 250 MW in January.
The winning developers can set up projects anywhere in India, on a build-own-operate basis, to supply power to GUVNL.
GUVNL will sign 25-year power purchase agreements (PPAs) with the developers.
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