The Gujarat Electricity Regulatory Commission (GERC) has set the tariffs determined through the competitive bidding process conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for procuring 200 MW of wind-solar hybrid power from projects to be established anywhere in India.
A tariff of Rs 2.99 per kWh for KPI Green Energy Limited’s 50 MW hybrid project and Rs 3.04 per kWh for Juniper Green Energy Limited’s 150 MW hybrid project have been approved by commission. It also granted GUVNL the authority to execute power purchase agreements with the developers.
