Gujarat Upholds GUVNL’s Annulling Gensol’s 500 MW Battery Storage Award

The Commission also confirmed the forfeiture of Gensol’s EMD of ₹185 million

October 24, 2025

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The Gujarat Electricity Regulatory Commission (GERC) has upheld Gujarat Urja Vikas Nigam’s (GUVNL) cancellation of both the base capacity of 250 MW/500 MWh and the additional greenshoe capacity of 250 MW/500 MWh awarded to it to set up standalone battery energy storage systems (BESS).

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Arjun Joshi

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Gujarat Upholds GUVNL’s Annulling Gensol’s 500 MW Battery Storage Award

Continue Reading with Premium Access

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