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In Another Bad Precedent, Gujarat Regulator Allows DISCOM to Scrap 700 MW Solar Auction

GUVNL said the discovered tariffs might be a financial burden, and a lower tariff could be possible

February 3, 2021

/ Nithin Thomas
/ Solar, Tenders & Auctions
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The Gujarat Electricity Regulatory Commission (GERC) has allowed the Gujarat Urja Vikas Nigam Limited (GUVNL) to cancel the 700 MW solar auction in the state’s Dholera Solar Park and retender it (Phase IX) in an attempt to discover a lower tariff for the projects.

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Nithin Thomas

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