SJVN Green Energy, Hinduja Renewables Energy, Avaada Energy, and Solarcraft Power India 5 (Blupine Energy) won Gujarat Urja Vikas Nigam’s auction to purchase power from 500 MW of grid-connected solar power projects (Phase XXII) to be set up anywhere in India, with a greenshoe option of an additional 500 MW. SJVN won 100 MW, quoting ₹2.63 (~$0.0316)/ kWh. Hinduja won 140 MW at ₹2.64 (~$0.0317)/ kWh. Avaada won 100 MW and Blupine 50 MW, respectively, both quoting ₹2.65 (~$0.0319)/ kWh. Only 390 MW out of the total tendered capacity was auctioned.