Engie and Fortum are among the companies to miss out on a 700 MW solar tender in the Indian state of Gujarat after their tariff ##s were deemed too high . It was India’s largest solar power tender ever issued. The bid , launched in October 2018 , invited bids to develop projects at Raghanesda Solar Park , with Engie and Fortum , along with SoftBank , initially awarded the entire 700 MW capacity from numerous bids totalling 1.75 GW in total . However , Gujarat has now decided to scrap the plan as the bids were all in excess of the amount agreed for a separate 500 MW project from September last year .
Engie and Fortum are among the companies to miss out on a 700 MW solar tender in the Indian state of Gujarat after their tariff ##s were deemed too high . The bid , launched in October 2018 , invited bids to develop projects at Raghanesda Solar Park , with Engie and Fortum , along with SoftBank , initially awarded the entire 700 MW capacity from numerous bids totalling 1.75 GW in total . However , Gujarat has now decided to scrap the plan as the bids were all in excess of the amount agreed for a separate 500 MW project from September last year .