GUVNL Seeks Bids for 500 MW Wind Power Projects

23 Jul 2024 CW Team

The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a call for bids to procure power from 500 MW of wind energy projects. This initiative is part of GUVNL's efforts to enhance the state?s renewable energy capacity and ensure a sustainable energy supply.

The tender is open to developers willing to establish wind power projects in Gujarat. Bidders are required to submit proposals that meet specific technical and financial criteria. The projects will be developed on a build-own-operate basis, ensuring efficient project execution and management.

The bidding process includes the possibility of increasing capacity by an additional 500 MW if demand and conditions allow. This flexibility aims to attract a broad range of participants and optimise resource utilisation.

GUVNL's move aligns with Gujarat's strategic focus on renewable energy, contributing to India?s national target of 500 GW of renewable energy capacity by 2030. The state has been a leader in wind energy, leveraging its favourable geography to drive growth in the sector.

Successful bidders will enter into a power purchase agreement (PPA) with GUVNL for 25 years, providing long-term stability and encouraging investment in the region?s renewable energy infrastructure.

This tender highlights Gujarat's commitment to clean energy transition and supports national efforts to reduce carbon emissions and promote sustainable development. The initiative is expected to stimulate economic growth, create jobs, and strengthen the state's renewable energy footprint.

By advancing wind power projects, GUVNL reaffirms its dedication to fostering a greener and more sustainable future.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..