Adyant Enersol and UPC Renewables Win SJVN’s 600 MW Wind Auction

The tender was floated in March 2024

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Adyant Enersol (Datta Infra) and UPC Renewables won SJVN’s auction to set up 600 MW inter-state transmission system (ISTS)-connected wind power projects on a build-own-operate basis.

Adyant Enersol won 70 MW at a tariff of ₹3.98 (~$0.0460)/kWh. UPC Renewables quoted a tariff of ₹3.99 (~$0.0461)/kWh to win 100 MW.

SJVN's 600 MW ISTS-Connected Wind Power Projects Auction Result

The tender was floated in March 2024.

Bidders were allowed to submit a single bid offering a minimum project capacity of 50 MW and a maximum quantum of 300 MW. The project capacity was to be quoted in multiples of 10 MW.

The winners must set up ISTS-connected wind power projects, including the transmission network up to the interconnection or delivery point to supply wind power to SJVN.

They will also be responsible for obtaining all clearances, permits, and licenses, including land arrangement, installation, and project ownership. The winners will be responsible for securing connectivity for each project. The projects can be located anywhere in India.

SJVN will enter into power purchase agreements (PPAs) with the successful bidders for 25 years. Power procured by SJVN from these projects has been provisioned to be sold to different procurers.

Wind projects already under construction or yet to be commissioned, or commissioned but selling wind power on a short-term merchant basis, were also considered under this tender.

Only wind turbine models certified in the Ministry of New and Renewable Energy’s Revised List of Models and Manufacturers can be used in the projects to ensure high-quality installations and leverage the latest advancements.

The declared or revised annual capacity utilization factor (CUF) should always be above 22%. Developers will have the option to revise this CUF once within the first three years after the commencement of the supply of power date, provided that the revised CUF is at least 90% of the initially quoted CUF and remains no less than 22%. Beyond this period, the CUF for the contracted capacity will remain the same for the PPA duration.

In November 2024, SJVN Green Energy invited bids for developing GETCO-connected wind power projects of up to 100 MW in Gujarat with comprehensive 10-year operations and maintenance.

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