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Gujarat Co To Rebid ₹3,130 Cr Gensol Projects
Mint Bangalore
|April 26, 2025
The Union power ministry has suggested that state government-run power company Gujarat Urja Vikas Nigam Ltd (GUVNL) rebid two battery energy storage system (BESS) project contracts totaling ₹3,130 crore won by Gensol Engineering, two people aware of the matter said.
One of the projects is worth ₹450 crore, and the other, worth around ₹2,680 crore.
"GUVNL is now looking at rebidding two BESS projects given to Gensol for EPC after the power ministry suggested fresh bids," one of the persons said, requesting anonymity.
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