Gujarat Urja Vikas Nigam ’s ( GUVNL ) 700 MW solar energy tender for the next phase of the Raghanesda Solar Park has been undersubscribed by 100 MW . Government officials have not commented on the reasons but others , which won an earlier auction , suggested the rescheduling of the auction from September 2018 could have been a reason . Tata Power and Engie bid for 100 MW each while Gujrat ##nagar Power Company and the State Energy Corporation bid for 100 MW each . critics had blamed high tariffs for the auction ’s cancellation in 2018 .
Gujarat Urja Vikas Nigam’s (GUVNL) 700 MW solar energy tender for the next phase of the Raghanesda Solar Park has been undersubscribed by 100 MW. Government officials have not commented on the reasons but Fortum, which won an earlier auction, suggested the rescheduling of the auction from September 2018 could have been a reason. Tata Power and Engie bid for 200 MW each while Gujrat Industries Power Company and the State Electricity Corporation bid for 100 MW each. GUVNL had blamed high tariffs for the auction’s cancellation in 2018.