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December 02,2024

GUVNL's Tender Phase IV Auction: 500 MW/1000 MWh Awarded

Kintech Synergy (100 MW), H.G Infra Engineering (250 MW), Bhilwara Energy (100 MW), and Advait Infratech (50 MW) won Gujarat Urja Vikas Nigam's Phase IV Battery Energy Storage auction. The capacity was increased to 500 MW/1000 MWh, with VGF support. Developers secured tariffs of around ₹225,985/MW.

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