Tepid response to Gujarat solar tender

BENGALURU: A 500 MW solar tender issued by Gujarat has received a lukewarm response because most solar energy generators found the ceiling tariff to be too low, industry insiders said.

Tata Power, Juniper Green and Vena Energy submitted bids totalling 430 MW in the tender issued by the state’s main distribution company Gujarat Urja Vikas Nigam Ltd (GUVNL). “We are certainly not too happy,” said a GUVNL executive who requested not to be named. “We were expecting to get at least 700-800 MW, but somehow people have not participated.”