ENGIE signs PPA for 200 MW solar PV project in India

By Editor


ENGIE has signed a Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project in India.

This project is part of Gujarat Urja Vikas Nigam’s (GUVNL) larger project encompassing 1,125 MW grid-connected solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable Energy Park at Khavda, Gujarat. ENGIE secured 200 MW at a tariff of ₹2.62 per unit during the bidding process by GUVNL on February 2, 2024.

The 200 MW Solar PV project marks ENGIE’s fourth solar project in Gujarat, showcasing expertise and leadership in the renewable energy sector.

“The 200 MW Solar PV project under GUVNL’s solar power initiative will address rising energy demands, reduce carbon emissions, and contribute to a greener future,” Amit Jain, CEO and Country Manager, ENGIE India, said.

ENGIE is collaborating with GUVNL to ensure the successful implementation and operation of the 200 MW Solar PV project. This will lead ENGIE’s total capacity in Gujarat to 830 MW.

ENGIE has a portfolio of 2.3 GW capacity spread across 19 projects in key states of India.

Latest News