GERC approves Rs 3.11/kWh tariff for GUVNL's 500 MW Wind Power

08 Feb 2024 CW Team

The Gujarat Electricity Regulatory Commission (GERC) has approved a tariff of Rs 3.11/kWh (~$0.037) for Gujarat Urja Vikas Nigam Limited (GUVNL) to secure power from 500 MW grid-connected wind power projects through a competitive bidding process in the state.

In response to a petition by GUVNL seeking adoption of tariffs and procurement of 500 MW from grid-connected wind power projects in the state, GERC has directed GUVNL to disclose the bidders' names and quoted tariffs on its website within 30 days.

GUVNL initiated a tender for the procurement of 500 MW grid-connected wind projects (Phase V) with an additional allocation of up to 500 MW capacity under the Greenshoe option.

Out of the total capacity, only 300 MW was auctioned, with Juniper Green, Evergreen Renewables, SJVN Green, and Solarcraft Power (Blupine Energy) selected at tariffs of Rs 3.11/kWh (~$0.03), Rs 3.18/kWh (~$0.038), Rs 3.26/kWh (~$0.039), and Rs 3.37/kWh (~$0.040), respectively.

The developers, upon successful bidding, will enter into a 25-year Power Purchase Agreement (PPA) with GUVNL and will bear all associated expenses.

The project aims to interconnect with the Gujarat state transmission utility or the central transmission utility substation via a dedicated transmission line to deliver energy at the Gujarat Energy Transmission Corporation periphery.

GUVNL, representing the four distribution companies, sought tariff adoption from the Commission and has been engaging in PPAs with renewable energy generators for power procurement.

Since bids were received for only 300 MW, a new e-reverse auction will be conducted for 80% of the subscribed capacity.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..