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GUVNL Allocates 500 MW Solar Greenshoe Capacity at ₹2.63/kWh

The auction for the initial 500 MW capacity was conducted in December 2023

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The Gujarat Urja Vikas Nigam (GUVNL) has announced the allocation of the 500 MW grid-connected solar power projects in Phase XXII auction under the greenshoe option at the lowest quoted tariff of ₹2.63 (~$0.0316)/kWh.

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