KPI Green, Urdhvaga, Adyant Enersol, Lambent Win SJVN’s 600 MW Wind Auction
The tender was floated in September last year
March 2, 2026
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KPI Green Energy, Urdhvaga Renewables India Project (UPC Renewables), Adyant Enersol (Datta Infra), and Lambent Energy (Eight) have won SJVN’s auction to set up 600 MW interstate transmission system (ISTS)-connected wind projects.
KPI Green, Urdhvaga, and Adyant each quoted a tariff of ₹3.64 (~$0.0398)/kWh to win 300 MW, 120 MW, and 110 MW, respectively.
Lambent Energy won 70 MW of the 180 MW quoted capacity under the bucket-filling method at a tariff of ₹3.65 (~$0.0399)/kWh.
The tender was floated in September last year.
The power generated from these projects will be sold to the Punjab State Power Corporation or other purchasing entities.
The scope of work entails setting up the wind projects, including the transmission network up to the interconnection/delivery point. It also involves installing and maintaining a GPS-enabled automatic weather station.
The projects must be designed for interconnection at the ISTS substation at a minimum voltage level of 220 kV.
Only commercially established and operational technologies must be used to minimize technology risk and achieve timely project commissioning.
Selected bidders must use wind turbines listed in the Approved List of Models and Manufacturers for the project. They must also maintain a capacity utilization factor of at least 22%.
Successful bidders are eligible for fiscal incentives, including accelerated depreciation, concessional customs and excise duties, and tax holidays, available for such projects.
Projects under construction, yet to be commissioned, or those that have been commissioned and are selling power on a short-term merchant basis, will be considered eligible for the project. However, these projects must not have been accepted under any state or central programs.
Successful bidders failing to supply the completed bid capacity of the projects on schedule can offer a partially commissioned project of up to 50 MW.
NLC India and Adyant Enersol were the winners in SJVN’s previous auction to set up 600 MW ISTS-connected wind power projects. NLC India won 200 MW at a tariff of ₹3.74 (~$0.0409)/kWh while Adyant Enersol won 112 MW at a tariff of ₹3.81 (~$0.0417)/kWh.

