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October 22,2024

GERC Approves Tariffs of ₹3.24-₹3.30/kWh for GUVNL’s 832 MW Solar Wind Project

The Gujarat Electricity Regulatory Commission approved tariffs for GUVNL's procurement of 416 MW from Solar Wind Hybrid Projects, setting rates between ₹3.24 and ₹3.30/kWh. Following a competitive e-reverse auction, bidders, including KPI Green Energy and JSW Neo Energy, agreed to power purchase agreements for both base and additional Greenshoe capacity 416 MW.

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