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SJVN Green, Hinduja, Avaada and BluPine Win GUVNL’s 500 MW Solar Auction

Only 390 MW out of the total tendered capacity was auctioned

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SJVN Green Energy, Hinduja Renewables Energy, Avaada Energy, and Solarcraft Power India 5 (BluPine Energy) won Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected solar power projects (Phase XXII) to be set up anywhere in India, with a greenshoe option of an additional 500 MW.

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