India's Guvnl Allocates 500 Mw Hybrid Wind Solar at $0.040/kwh
Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded 500 MW of hybrid solar-wind projects at an average rate of INR 3.36 ($0Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded 500 MW of hybrid solar-wind projects at an average rate of INR 3.36 ($0.
PV Magazine International 9:16 am on June 7, 2024
GUVNL has awarded 500 MW of hybrid solar-wind projects at INR 3.36/kWh, allowing developers freedom in project location and a 25-year PPA with GUVNL. The tender attracted competitive bids from various companies for the entire allocation.
- GUVNL allocated 500 MW hybrid solar-wind projects at an average price of INR 3.36/kWh
- Developers have freedom to choose project location in India and a 25-year PPA with GUVNL
- Competitive bids attracted by the tender, from companies including JSW Energy and Hinduja Renewables
- Hybrid projects can be grid-connected as per developer's choice.
https://www.pv-magazine.com/2024/06/07/indias-guvnl-allocates-500-mw-hybrid-wind-solar-at-0-040-kwh/