ENGIE India Wins Bid for 200 MW Solar PV Project in GUVNL’s 1125 MW Grid Connected Solar PV Power Projects – EQ
ENGIE India, a renowned leader in low-carbon energy solutions, has won a bid for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) larger project encompassing 1125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable Energy Park situated at Khavda. The bidding process by GUVNL took place on February 2, 2024, with ENGIE India securing 200 MW at a competitive tariff of ₹2.62 per unit.
GUVNL’s project aims to fortify India’s renewable energy capacity and promote sustainable development in the region. By securing this bid, ENGIE India further reinforces its commitment to contributing to India’s ambitious renewable energy goals and fostering a cleaner, greener future.
The 200 MW Solar PV project serves as a testament to ENGIE India’s expertise and leadership in the renewable energy sector. Leveraging advanced technologies and innovative solutions, ENGIE India remains dedicated to delivering high quality, reliable, and sustainable energy solutions to communities across India.
Mr. Amit Jain, CEO and Country Manager, ENGIE India, expressed, “We are proud to secure the bid for the 200 MW Solar PV project in GUVNL’s ambitious solar power initiative. This project not only emphasizes our dedication to driving the transition towards renewable energy and to support India’s renewable energy vision.”
ENGIE India looks forward to collaborating closely with GUVNL and stakeholders to ensure the successful implementation and operation of the 200 MW Solar PV project. By harnessing the abundant solar resources in Gujarat, ENGIE India reaffirms its commitment to shaping a cleaner, brighter, and more sustainable future for India and beyond. With a portfolio of 2+ GW capacity, ENGIE has achieved considerable success spread across 20 projects strategically located in key states of India.
About ENGIE India:
ENGIE is one of India’s leading clean-power generation companies as a global reference in low-carbon and energy solutions. Incorporated in 2014 and headquartered in Pune, ENGIE is focused on strengthening its commitment to decarbonization with an ambitious “Net Zero Carbon” target by 2045. Together with our employees, customers, partners, and stakeholders, we are dedicated to offering competitive turnkey low-carbon solutions to our customers. ENGIE’s ambition is to become the world leader in the zero-carbon transition, which means we are fully aligned with the Government of India’s renewable energy targets.
ENGIE India celebrates a significant milestone as it marks 10 years of operations in the country. Throughout this journey, ENGIE has been committed to implementing comprehensive sustainability and corporate social responsibility (CSR) initiatives in the areas of education, health, and well-being. Certified as Great Place to Work, ENGIE India remains dedicated to fostering a positive and inclusive work environment for its employees. ENGIE in India has received several rewards and recognition, including the best large-scale solar PV project in 2020 and 2022, signing/executing India’s best renewable energy deal of the year in 2020, and being amongst the top influencers in the solar industry in 2021.
