GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

The agency has also returned the performance bank guarantees submitted by the bidders

April 17, 2018

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The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for the development of 500 MW of grid-connected solar photovoltaic (PV) projects in the state.

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GUVNL Cancels Recently Held 500 MW Solar Auction Citing High Tariffs

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