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First Auction After BCD: GUVNL’s 500 MW Solar Auction Gets Lowest Tariff of ₹2.20/kWh

The tender was oversubscribed and had received a good response from bidders

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Sprng Ujjvala Energy, NTPC Renewable Energy, Coal India, and TP Saurya-a Tata Power subsidiary – were declared winners in the Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to purchase power from 500 MW of grid-connected solar projects (Phase XII).

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