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Gujarat’s 500 MW Solar Tender Oversubscribed by Almost Four Times

The capacity was retendered by GUVNL after it annulled the auction due to high tariffs

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Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the tendered capacity of 500 MW.

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