Mumbai, May 7 -- The Gujarat Urja Vikas Nigam Limited (GUVNL) Wind Phase-IX auction was held on 24th April with the aim of developing 250 MW of grid-connected wind power projects across Gujarat.
After participating in auction, Inox Neo Energy, a subsidiary of Inox Clean Energy and the independent power producer arm of the INOXGFL Group, has now secured 50 MW out of its quoted 100 MW of power at a tariff of Rs 3.66/kWh.
Kailash Tarachandani, the Group CEO of Renewables Business at INOXGFL Group heralded this grant saying, "This 50 MW marks a beginning to [Inox Neo Energies building a cleaner, greener future]"
Published by HT Digital Content Services with permission from Construction World.