
SET-listed Gunkul Engineering, a renewable energy developer and construction firm, has announced its participation in an auction for power generation from renewable resources to be held by the Energy Regulatory Commission (ERC).
The ERC is allowing investors to purchase bidding documents as state grid operators are scheduled to buy electricity from licensed companies to develop renewable energy power plants with a combined generation capacity of 5.2 gigawatts during the period 2022 to 2030.