SAEL Industries has secured the largest slice of 400 MW in Gujarat in Urja Vikas Nigam’s tender for 800 MW of solar power in India, with an additional 800 MW under greenshoe option.
SAEL Industries, NLC India and KPI Green Energy have emerged as winners in Gujarat Urja Vikas Nigam’s tender for 800 MW of solar power and 800 MW of additional power with greenshoe option. The winning developers will set up solar power projects at Khavda Solar Park by building for their own use.
SAEL Industries secured 400 MW and NLC India secured 300 MW at a tariff of INR 2.71 ($0.031)/kWh. KPI Green Energy won 100 MW at INR 2.70/kWh.
A well-known developer said pv magazine that the winning prices are similar to those found in the last bidding round for Khavda Solar Park. The project site poses challenges, but according to the developer, the advantages of land availability and evacuation arrangements are significantly greater.
The project site is close to the seashore, so salinity can affect solar panels and other equipment. In addition, the solar structure must be designed to withstand high wind speeds (200 km/h) in the area. The best thing about this project is that GUVNL is providing all the basic infrastructure including land leased for 25 years against advance payment as per the tender document.