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Gujarat cancels 500 MW solar auction results, rebidding likely

Gujarat Urja Vikas Nigam Ltd (GUVNL) held the reverse auction on March 28 to allot 500 MW of solar projects. Bengaluru: Gujarat cancelled a solar project auction it held in end-March without assigning any reasons. Industry sources said this was because the state government felt the tariff quoted by bidders to supply power was too […]

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