Gujarat Asks Wind Developers to Match Lowest Tariff, Only Two Agree

The tariffs must match the lowest bid of ₹2.8/kWh

July 30, 2019

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The Gujarat Urja Vikas Nigam Limited (GUVNL) had requested the winning bidders in its recently concluded wind power auction to match the lowest bid of ₹2.8 (~$ 0.04). Only two out of the eight developers who bid for the projects have adhered to this request, Singapore-based Vena Energy is one of them.

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