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After Urja Vikas Nigam Limited (GUVNL) awarded 280 MW of solar projects in the Indian state of Gujarat as part of the state's Raghanesda Solar Park, French multinational energy group ENGIE has exceeded 1.
5 GW
of renewable energy in India.
As reported by Mercom in May 2019, Urja Vikas Nigam Limited (GUVNL) in Gujarat has put out a public tender for 700 MW of solar capacity, with ENGIE being the lowest bidder with an offer of 2.
65 rupees/kWh (about $0.
038/kWh) for a capacity of 200 MW.
The solar PV project will be developed
as the third phase of Raghanesda Solar Park.
Solar Energy Corporation of India (SECI) also provided it with 200 MW of onshore wind projects
in Gujarat, according to the company.
In the latest round of tenders by Indian solar companies, ENGIE also won the bid for 200 MW capacity
at a minimum price of about $0.
0396/kWh.
Paulo Almirante, Executive Vice President of ENGIE, commented on the development: "These successes demonstrate ENGIE's ability to accelerate the development of its renewable energy portfolio and achieve its goal
of adding 9 GW of renewable energy over the next three years.
”
Last year, French infrastructure and investment companies ENGIE and STOA announced a joint venture to jointly develop the Indian wind power market
.
With a 50-50 partnership, the joint venture has set a goal
of building more than 2 GW of wind energy capacity over the next five years.
It will try to establish onshore and offshore wind projects
under central and state tenders.
After Urja Vikas Nigam Limited (GUVNL) awarded 280 MW of solar projects in the Indian state of Gujarat as part of the state's Raghanesda Solar Park, French multinational energy group ENGIE has exceeded 1.
5 GW
of renewable energy in India.
As reported by Mercom in May 2019, Urja Vikas Nigam Limited (GUVNL) in Gujarat has put out a public tender for 700 MW of solar capacity, with ENGIE being the lowest bidder with an offer of 2.
65 rupees/kWh (about $0.
038/kWh) for a capacity of 200 MW.
The solar PV project will be developed
as the third phase of Raghanesda Solar Park.
Solar Energy Corporation of India (SECI) also provided it with 200 MW of onshore wind projects
in Gujarat, according to the company.
In the latest round of tenders by Indian solar companies, ENGIE also won the bid for 200 MW capacity
at a minimum price of about $0.
0396/kWh.
Paulo Almirante, Executive Vice President of ENGIE, commented on the development: "These successes demonstrate ENGIE's ability to accelerate the development of its renewable energy portfolio and achieve its goal
of adding 9 GW of renewable energy over the next three years.
”
Last year, French infrastructure and investment companies ENGIE and STOA announced a joint venture to jointly develop the Indian wind power market
.
With a 50-50 partnership, the joint venture has set a goal
of building more than 2 GW of wind energy capacity over the next five years.
It will try to establish onshore and offshore wind projects
under central and state tenders.
