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No bids for Gujarat solar auction due to low tariff

Gujarat Urja Vikas Nigam Ltd (GUVNL), which is conducting the auction, confirmed the development. In a setback for Gujarat’s renewable energy drive, its latest solar auction of 1000 MW got no bids at all because developers felt the ceiling tariff it had set was too low. Tuesday was the last day for submitting techno-commercial bids […]

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