SAEL, KPI Green Energy among winners for 800 MW solar auction
Gujarat Urja Vikas Nigam’s (GUVNL) auction to develop 800 MW of grid-connected solar power projects at the Khavda Solar Park has seen big names among bidders. KPI Green Energy, SAEL Industries, and NLC India are among the winners.
KPI Energy bagged 100 MW by quoting Rs 2.70/kWh. SAEL Industries and NLC India won 400 MW and 300 MW by quoting Rs 2.71/kWh each. GUVNL will enter into a power purchase agreement (PPA) with successful bidders for 25 years from the scheduled commercial operation date of the project.
Also Read: Khavda Solar Park: GUVNL Floats Tender For Solar Power Procurement