GERC approves Rs 3.11/kWh tariff for GUVNL's 500 MW Wind Power
POWER & RENEWABLE ENERGY

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

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.

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.

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Next Story
Infrastructure Urban

Driving Infrastructure Forward with Trustworthy AI

At its Year in Infrastructure 2025 conference in Amsterdam, Bentley Systems reaffirmed its vision for trustworthy AI and connected digital ecosystems shaping the future of infrastructure engineering. The company unveiled AI-powered design applications and Bentley Infrastructure Cloud Connect, a unifying platform connecting data, workflows and professionals across the project lifecycle.“AI is poised to transform infrastructure,” said Nicholas Cumins, CEO, Bentley Systems. “At Bentley, our vision is for AI to empower engineers – not replace them. Trustworthy AI, built on infrastruct..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?