Advait Energy emerges qualified bidder for GUVNL's project
Advait Energy Transitions Ltd has emerged as the qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL). The work involves the development of a portion of the western state’s 500 MW/1000 MWh standalone battery energy storage systems. As per the update the project execution timeline of 18 months.
Advait Energy would be responsible for setting up a 50 MW battery storage system under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support.
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