Juniper, Sembcorp, O2 Power Among Winners of SJVN’s 1.5 GW Wind-Solar Auction

Juniper Green quoted the lowest tariff of ₹3.43/kWh to win 150 MW

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Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were declared winners in SJVN’s auction to develop 1.5 GW Inter-State Transmission system (ISTS)-connected wind-solar hybrid power projects in India.

Juniper Green Energy quoted the lowest tariff of ₹3.43 (~$0.0413)/kWh to win 150 MW, while Datta Power Infra won 50 MW by quoting the second lowest tariff of ₹3.47 (~$0.0418)/kWh.

Green Infra Wind, Energizent, and Green Prairie won 440 MW, 270 MW, and 60 MW, respectively, by quoting ₹3.48 (~$0.0419)/kWh. Avaada won 530 MW out of 750 MW quoted capacity under the bucket-filling method at ₹3.49 (~$0.0420)/kWh.

NTPC Renewable Energy’s bid for 300 MW at ₹3.55 (~$0.0428)/kWh did not qualify.

 

SJVN 1.5 GW Wind Solar Hybrid Projects Auction

SJVN floated the tender for the projects in September 2023.

The selected bidders must provide a minimum power capacity of 50 MW or more for projects connected to ISTS. This is contingent on the requirement that at least 33% of the total contracted capacity must come from one resource (either wind or solar).

SJVN will enter into a power purchase agreement with the successful bidders for 25 years.

The projects under the tender aim to promote well-established and operational technologies exclusively to minimize technological risks and ensure timely project commissioning.

Only wind turbine models that have been certified and listed in the Revised List of Models and Manufacturers issued by the Ministry of New and Renewable Energy (MNRE), as updated until the scheduled commercial start date of the projects, will be permitted for deployment under this scheme.

The “Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirement of Compulsory Registration) Order, 2019” and any subsequent amendments or clarifications issued until the bid submission deadline would apply to solar modules. The modules used in the projects must be part of List-I under the order.

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