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In the GUVNL tender, Hinduja Renewables won the 140 MW solar power project.

In order to choose solar power developers for the establishment of 500 MW solar power plants in India, GUVNL published a solar tender, which includes this award.

 

ETEnergyWorld


In a bid to establish 140 megawatt (MW) of solar power capacity, Hinduja Renewables, an independent renewable power producer and a member of the Hinduja Group, said on Wednesday that it had won the GUVNL tender. The offer was placed at a rate of Rs 2.64 per unit.


With the use of the greenshoe option, GUVNL may permit an additional 140 MW of capacity, meaning that this might potentially climb to 280 MW, according to the official news release.


"This is a welcome addition to the recent tenders we have won this year across various central and state tenders, like NHPC and GUVNL," Hinduja Renewables CEO Sumit Pandey stated.


He continued by saying that as a result, the company would be able to operate in India in the upcoming years with a capacity of more than 1.5 GW and will soon be setting up multi-gigawatt power capacity.


In order to choose solar power developers for the establishment of 500 MW solar power plants in India, GUVNL published a solar tender, which includes this award. Out of the four developers that won this tender, the company was one.



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