A 1 GW solar tender by Gujarat contractor bid ##ders ( GUVNL ) has received no bids because developers deemed the ceiling tariff too low . The 6 March deadline for submitting techno - commercial bids for projects at Gujarat ’s Dholera Solar Park was postponed to coincide with deadline confirming several bidders had informed it they were not currently interested in bidding . The company has now postponed the auction until 19 March but will not make any changes . The tariff was capped at INR2.75 ( $ 0.039 ) per unit but developers said this was unviable because terrain issues at the Dholera site necessitating higher construction costs .
A 1 GW solar tender by Gujarat Urja Vikas Nigam (GUVNL) has received no bids because developers deemed the ceiling tariff too low. The 6 March deadline for submitting techno-commercial bids for projects at Gujarat’s Dholera Solar Park was set to pass with GUVNL confirming several bidders had informed it they were not currently interested in participating. The company has now postponed the auction until 19 March but will not make any changes. The tariff was capped at INR2.75 ($0.039) per unit but developers said this was unviable because terrain issues at the Dholera site necessitating higher construction costs.