Powerica Secures 50MW Wind Project Bid from GUVNL

Powerica Limited has been declared a winning bidder in Gujarat Urja Vikas Nigam Limited's (GUVNL) wind power tender, securing a 50MW project. The bid was finalized through an e-reverse auction on July 9, 2026, with a discovered tariff of ₹3.51 per unit. This award will involve a direct Power Purchase Agreement (PPA) with GUVNL, supporting their Renewable Purchase Obligations. Powerica will leverage its in-house engineering capabilities for project execution, aiming to meet tender timelines. The company has an established presence in the wind power sector as an Independent Power Producer (IPP) and EPC contractor.