SJVN Green Energy Awards 1500 MW Hybrid Power Projects to Leading Renewable Firms

AMPIN Energy, Ganeko Solar (Solarpack), Inaayu Renewables (EverGreen Power), Juniper Green Energy, Datta Power Infra, JSW Neo Energy, and Avaada Energy have successfully secured contracts in SJVN Green Energy's (SGEL) tender to develop 1500 MW of ISTS-connected wind and solar hybrid power projects across India.

The tender, issued in February, requires SJVN to sign a 25-year power purchase agreement with the successful bidders to acquire power from these hybrid projects. As an intermediary nodal agency, SJVN will manage the procurement of power from the hybrid power developers or generators and distribute it to various entities within India. No additional central financial assistance is expected for these projects.

AMPIN Energy, Ganeko Solar, Inaayu Renewables, Juniper Green Energy, and Datta Power Infra were awarded 150 MW, 300 MW, 60 MW, 150 MW, and 70 MW, respectively, with a quoted tariff of INR 3.41/kWh. JSW Neo Energy and Avaada Energy secured 350 MW and 470 MW, respectively, at a slightly higher tariff of INR 3.42/kWh.

The tender stipulated that each bid must include a minimum of 50 MW of power for ISTS-connected projects, with at least 33 percent of the total capacity derived from either wind or solar, and a maximum limit of 750 MW. To minimise technological risks and ensure that the projects are completed in time, the projects are required to use only commercially proven and operational technologies.

Wind turbines must be type-certified models from the Revised List of Models and Manufacturers approved by the Ministry of New and Renewable Energy. Solar PV modules must be included in List-I under the Approved Models and Manufacturers of Solar PV modules.