News
18 April 2018

GUVNL cancels 500MW auction results

In:
Renewables
Region:
Asia-Pacific

Gujarat Urja Vikas Nigam Ltd (GUVNL) has cancelled the reverse auction for 500MW of solar capacity that was held on March 28. No official reason was given for the decision although there is reason to believe the tariff levels of Rs2.98 - Rs3.06 per kWh were considered too high. Sources said the...

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