Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its phase IX auction for 250 MW of grid-connected wind power projects, offering an additional greenshoe option of 250 MW.
KPI Green Energy secured 100 MW at a tariff of Rs 3.64 per kWh. Juniper Green Energy and JGRJ Four Renewable (Jakson Green) each won 50 MW, at a tariff of Rs 3.65 and Rs 3.66 per kWh, respectively. Inox Neo Energies (Inox Clean Energy) secured 50 MW out of its quoted 100 MW under the bucket-filling method, at a tariff of Rs 3.66 per kWh. The tender was floated in January 2025.