Friday, 30 March 2018 14:59

Four firms win bids to supply solar power to GUVNL

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Four firms — Azure Power, Acme Solar Holdings, Gujarat State Electricity Corporation Limited (GSECL) and Kalthia Engineering and Construction Ltd — have bagged contracts for solar power supply to Gujarat Urja Vikas Nigam Limited (GUVNL).

The state-run utility had invited bids in February for procurement of 500MW solar power through competitive bidding. Azure Power won the bid for 200MW at a tariff of Rs 3.06 per unit and ACME Solar Holdings secured 100MW at the same tariff of Rs 3.06 per unit.

Kalthia Engineering made the lowest bid of Rs 2.98 per unit and won 50MW, while Gujarat State Electricity Corporation Limited (GSECL) bagged a contract for 150MW with quoted tariff of Rs 3 per unit.

Additional Info

  • News Section: Solar Energy News
  • Month: March
  • Year: 2018
Read 209 times Last modified on Friday, 30 March 2018 15:01