NHPC Limited, India’s premier hydropower company and a central public sector enterprise under the Ministry of Power, has won the bid to develop a 200 MW capacity Solar Power Project to be set up in the 1,125 MW RE Park of Gujarat State Electricity Corporation Ltd. (GSECL) at Khavda in Kachchh district of Gujarat.
The project will generate about 473 million units of electricity in the first year of commissioning and the cumulative energy generation from the project over a period of 25 years would be about 10,850 million units. NHPC will develop the project on a build-own-and-operate basis at a tentative development cost of Rs. 847 crores.
Gujarat Urja Vikas Nigam Limited conducted the e-reverse auction for the project on 2nd March 2024 and the Letter of Intent was issued by it on 14th March 2024. The project has been secured at a tariff of Rs. 2.66 per unit and will be completed in 18 months.