It is learnt that Gujarat Urja Vikas Nigam Ltd (GUVNL) has allocated 500 MW of hybrid wind-solar projects at an average price of INR 3.36/kWh, in its tender for 500 MW Hybrid RE projects with green shoe option of additional 500 MW. KPI Green bid for 50 MW and won the capacity at the lowest tariff of INR 3.33/kWh. Juniper Green won 120 MW capacity project, at a tariff rate of ₹3.34 per kWh.