Azure Power wins 200 MW in Gujarat
Azure Power has bagged a 200-MW solar photovoltaic (PV) power project by the means of an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The company now has a total solar portfolio of 470 MW in Gujarat.
Change in coal export regulations by Indonesia and Australia has queered the pitch for Tata Power and Adani Power. But can India afford to forsake such huge assets built assiduously?
Efficient global sourcing of coal proved profitable
Essar Power Gujarat Limited (EPGL) is a special purpose vehicle of Essar Power Limited. This was created basically to implement the power purchase agreement (PPA), which was signed with Gujarat Urja Vikas Nigam Limited (GUVNL) in 2007.
Tribunal notices to solar energy developers in Gujarat
On an appeal filed by Gujarat Urja Vikas Nigam (GUVNL), the Appellate Tribunal for Electricity (Aptel) has issued notices to 80 Gujarat-based solar project developers. GUVNL is seeking a cut in the rate of power it will buy from the solar players on the grounds that the actual cost incurred by developers of these projects was 40 per cent less than initially assumed.
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