From pv magazine India
Gujarat Urja Vikas Nigam Ltd. (GUVNL) has allocated 200 MW in a wind-solar hybrid auction for 500 MW, with another 500 MW to be awarded under a greenshoe option. The grid-connected hybrid capacity was awarded at an average price of INR 3.015 ($0.036)/kWh.
KPI Green bid for 50 MW and won the capacity by quoting the lowest (L1) tariff of INR 2.99/kWh. Juniper Green Energy secured 150 MW, as its quoted tariff of INR 3.04/kWh fell within the L1+2% range.
Popular content
The winners will set up hybrid renewables projects on a build-own-operate basis. The scope of work includes handling of the transmission network up to the delivery point.
The solar and wind components of the hybrid project can be located at the same sites or in different locations. GUVNL will sign power purchase agreements with the developers for periods of 25 years.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.