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Mahindra Susten

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    Showing Result for Keyword #guvnl

      GUVNL

      GUVNL

      The project is awarded by GUVNL through competitive bidding, followed by an e-reverse auction held on 20th April 2023. Post tariff adoption approval from GERC, a 25-year Power Purchase Agreement (“PPA”) signed with GUVNL in accordance with the terms of the PPA. This Project is scheduled to be completed within 18 months. Once commissioned, the project is estimated to generate approximately 450 million green units annually from 1st year onwards and over 6 billion cumulative green units in 25 years, playing a crucial role in the nation's decarbonization journey and achieving net-zero targets.

      News & Media

      Mahindra Susten Signs a 200 MW Solar Power Agreement with GUVNL

      In a transformative stride towards a greener tomorrow, Mahindra Susten is set to develop 200 MW of solar capacity to supply electricity to Gujrat Urja Vikas Nigam Ltd (GUVNL). Moreover, the project can be developed anywhere across India, given that it links to the interstate transmission grid. In a visionary alliance, Mahindra Susten, a renewable power producer in the private sector, has penned a 25-year power purchase agreement with GUVNL for a cumulative solar capacity of 200 MW.Affiliated to the interstate transmission grid, the project will provide electricity supply to GUVNL at a steady rate, averaging INR 2.72 ($0.033) per kWh.

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