In a momentous development, NHPC, the stalwart in hydropower, clinched the coveted bid for a 200 MW Capacity Solar Power Project in Khavda, Gujarat. This landmark project forms an integral part of the sprawling 1125 MW RE Park under the aegis of Gujarat State Electricity Corporation Ltd. (GSECL).
The spirited e-reverse auction, orchestrated by GUVNL on 02.03.2024, saw NHPC emerge victorious with a resolute bid of Rs. 2.66 per unit.
The issuance of the Letter of Intent on 14.03.2024 signifies a dawn of sustainable energy endeavors. With an envisaged outlay of approximately Rs 847 crore, NHPC pledges to actualize this visionary project within a commendable timeframe of 18 months, thus fortifying India’s stride towards renewable energy sufficiency.
